Casper, Wyoming Short-Term Rental Market
Casper, WY STRs averaged $122/night at 53.0% occupancy in April 2026 across 3,519 tracked listings.
Quick Answer: Casper, Wyoming is an active short-term rental market. average occupancy in the Wyoming Area market area is 69%. average monthly revenue in the Wyoming Area market area is $3,143. average daily rate in the Wyoming Area market area is $178. the top operator in the Wyoming Area market area is Evolve with 125 listings. market score is 59/100 (grade C).
Market data reflects the Wyoming Area regional market, which includes Casper. Regulations, taxes, and permit details below are specific to Casper.
Market Score Breakdown
Five dimensions StaySTRA evaluates per market.
Market Overview
Casper’s short-term rental market spans 3,519 tracked listings as of the latest snapshot, making it one of the larger STR markets in Wyoming. The overwhelming majority (3,260 listings, or 93%) are entire-place rentals, with 258 private rooms and just one shared-room unit rounding out the mix. The market skews heavily toward smaller units: 1-bedroom listings lead at 1,221, followed by 2-bedroom (1,077), 3-bedroom (728), 4-bedroom (313), and 5-bedroom-plus (178).
In April 2026, the market posted a 52.95% average occupancy rate and a $122.26 average daily rate, generating average revenue of $1,678 per active listing. Year-over-year, occupancy slipped 5.16 percentage points and revenue fell 3.74%, though ADR edged up 2.35%. The 2025 annual average sat at 57.65% occupancy and $145 ADR, producing $2,277 per month in average revenue. Airbnb dominates distribution: 2,064 listings are Airbnb-only, 1,191 are active on both Airbnb and VRBO, and 264 are VRBO-only. The market’s overall score from the StaySTRA index is 59.5 out of 100, with rental demand (80.7) as the standout subcategory.
Seasonal Patterns
| Month | Occupancy |
|---|---|
| Jan | 45% |
| Feb | 53% |
| Mar | 52% |
| Apr | 52% |
| May | 60% |
| Jun | 66% |
| Jul | 68% |
| Aug | 60% |
| Sep | 56% |
| Oct | 53% |
| Nov | 49% |
| Dec | 49% |
Month-by-month nightly rates and revenue figures for Casper are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Top Short-Term Rental Operators in Wyoming Area market area
Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Wyoming Area market as a whole, which includes Casper, so these counts are not Casper-only figures.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Evolve | 125 | 4,967 | ★ 4.81 |
| 2 | Wagon Box Inn Restaurant Cabins | 32 | 220 | ★ 4.73 |
| 3 | Cara Rohde | 27 | 7,014 | ★ 4.70 |
| 4 | Leavetown | 20 | 8 | ★ 4.20 |
| 5 | Cindy Hill | 20 | 125 | ★ 4.92 |
What Kind of STR Should I Buy in Casper?
Revenue and nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Casper are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 58.7% |
| vrbo | 7.5% |
| both | 33.8% |
Home Value Trends (Casper)
Typical home values, median sale prices, and the 10-year price trend for Casper are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Insights
Booking-window and length-of-stay analysis for Casper — how far ahead guests book and how to price around it — is available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Short-Term Rental Regulations
Short-term rentals are legal in Casper. As of mid-2026, based on city licensing records and local news coverage, no STR-specific permit or registration is required at the city level. The City of Casper’s official licenses and permits page lists business, health, liquor, and building permits but no STR-specific license. A general municipal business license may apply.
On taxes, STR stays are subject to a 7% total lodging tax: a 5% statewide Wyoming lodging tax plus a 2% Natrona County local lodging tax (approved by voters in November 2022). Wyoming sales tax (approximately 5% in Natrona County: 4% state plus 1% county) applies separately. There is no documented cap on nights per year, no owner-occupancy requirement, and no primary-residence requirement. Enforcement severity is rated minimal.
Note: Some online sources claim Casper adopted a mandatory STR license effective January 1, 2026, including a $350 per-property fee and $1 million insurance requirement. This could not be corroborated by any primary government source, city ordinance, or verified local news report as of mid-2026. Operators should confirm current requirements directly with the City of Casper Planning Department (307-235-8241) before relying on any third-party summary.
Market Comparison
At 52.95% occupancy in April 2026, Casper sits below the US STR median of approximately 55% for that period. The $122.26 ADR is well below the national median of approximately $220, reflecting Casper’s positioning as an affordable regional destination rather than a premium leisure market. RevPAR of $64.74 is in the lower range for mid-size Western markets.
The professionally managed tier’s $136.57 ADR represents a 12% premium over the market average, consistent with what professional management achieves in smaller markets where baseline pricing discipline varies widely.
Evolve leads the Casper market with 125 listings and 4,967 reviews at a 4.806 average rating, holding roughly 3.6% of total tracked listings. Wagon Box Inn Restaurant and Cabins operates 32 listings (4.730 rating, 220 reviews), and Cara Rohde manages 27 listings with the deepest review base at 7,014 reviews and a 4.695 rating. Together, the top three operators control approximately 184 listings, or 5.2% of the total market.
Frequently Asked Questions About Casper, Wyoming
What is the average occupancy rate for Airbnb rentals in Casper, WY?
How much revenue can a short-term rental generate in Casper, WY?
Do I need a permit to run an Airbnb in Casper, WY?
What taxes apply to short-term rentals in Casper, WY?
Which months are best for Airbnb revenue in Casper, WY?
How does the Casper STR market compare to national averages?
Who are the largest short-term rental operators in Casper, WY?
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