In Wyoming, a typical home is worth $225,200 and typical rent is $1,196 a month. Compared with all of Kent County, the typical home value is 22% lower and typical household income is 11% lower.
Typical home value from Zillow, September 2021 to September 2026: from $225,318 to $290,982.
Typical rent
$1,555a month
▲ 3.5% more than 12 months ago
Typical rent from Zillow, March 2022 to September 2026: from $1,225 to $1,555.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Wyoming is in Kent County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Kent County. See the county
What this place has that others do not, from public data, most unusual first.
1
The typical home in Wyoming is worth $225,200,22% less than in Kent County as a whole ($289,900).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Wyoming
What homes there are in Wyoming, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Wyoming
Kent County
Michigan
United States
Kind of home: Wyoming and its comparisons
Measure
Wyoming
Kent County
Michigan
United States
Detached house
67%
65%
72%
61%
Attached house
4%
7%
5%
6%
Building of 2 to 4
5%
7%
5%
8%
Apartments (5 or more)
23%
18%
13%
19%
Mobile home
2%
4%
5%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
The detached house is the most common home in Wyoming: 67% of homes, near the figure in Kent County (65%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Wyoming
Kent County
Michigan
United States
Year built: Wyoming and its comparisons
Measure
Wyoming
Kent County
Michigan
United States
Before 1960
39%
33%
36%
26%
1960–1979
25%
21%
26%
24%
1980–1999
20%
25%
22%
25%
2000–2009
9%
12%
10%
14%
2010 or later
7%
10%
6%
11%
In Wyoming, half of the homes were built before 1969; in Kent County, before 1977.
There are fewer big homes in Wyoming than in Kent County: 61% have 3 bedrooms or more, against 64%.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitUnreliable estimate
Under $100K7%
$100K–$200K31%
$200K–$300K40%
$300K–$500K20%
$500K–$750K2%
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Wyoming and its comparisons
Measure
Wyoming
Under $100K
7%
$100K–$200K
31%
$200K–$300K
40%
$300K–$500K
20%
$500K–$750K
2%
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
The FHA loan limit for Kent County is $541,287, and about 98% of owner-occupied homes in Wyoming are worth less than that.
Monthly rent with utilities
Under the limitOver the limitUnreliable estimate
Under $5005%
$500–$99923%
$1,000–$1,49948%
$1,500–$1,99919%
HUD fair market rent, 2 bedrooms: $1,630
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Wyoming and its comparisons
Measure
Wyoming
Under $500
5%
$500–$999
23%
$1,000–$1,499
48%
$1,500–$1,999
19%
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
About 81% of rented homes in Wyoming cost less than HUD's 2-bedroom fair market rent for Kent County ($1,630).
With a mortgage
$1,398 a month
Kent County: $1,603 a month
Without a mortgage
$540 a month
Kent County: $618 a month
Owners with a mortgage
67%
Kent County: 63%
The typical cost for an owner with a mortgage in Wyoming is $1,398 a month, less than in Kent County ($1,603); without one, $540.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Wyoming+76%
Kent County+67%
Michigan+50%
United States+53%
Typical rent
Wyoming+37%
Kent County+38%
Michigan+30%
United States+33%
Typical household income
Wyoming+36%
Kent County+31%
Michigan+28%
United States+29%
Change since 2015–2019: Wyoming and its comparisons
Measure
Wyoming
Kent County
Michigan
United States
Typical home value
+76%
+67%
+50%
+53%
Typical rent
+37%
+38%
+30%
+33%
Typical household income
+36%
+31%
+28%
+29%
Since 2015–2019, homes in Wyoming gained value faster than in Kent County: 76% against 67%.
Much as in Kent County, the typical rent in Wyoming rose 37% since 2015–2019.
To compare: typical income in Wyoming rose 36%; the home, +76%; the rent, +37%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Wyoming and its comparisons
Measure
Wyoming
Kent County
Michigan
United States
Rental vacancy
Unreliable estimate
4.3%
5.1%
5.5%
Homeowner vacancy
Unreliable estimate
0.3%
0.8%
0.9%
More than one person per room
3.2%
1.9%
1.6%
3.4%
People per household
2.61
2.54
2.42
2.53
Drive alone
75%
73%
74%
69%
Carpool
10%
8%
8%
9%
Public transit
2%
2%
1%
3%
Walk or bike
1%
2%
2%
3%
Work from home
10%
14%
14%
15%
Other means
1%
1%
1%
2%
Typical commute
Unreliable estimate
10 to 19 minutes
20 to 29 minutes
20 to 29 minutes
More households are short on space in Wyoming: 3.2% have more than one person per room; in Kent County, 1.9%.
Much as in Kent County, a household in Wyoming has 2.61 people on average.
To get to work, 75% of workers in Wyoming drive alone; in Kent County, 73%.
Do the math
What would you pay each month for a home in Wyoming?
A typical home is tight for the typical income
We start with a typical home in Wyoming, worth $225,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 31% of the typical household income in Wyoming, which is $73,677 a year. For that payment to be 28% of income, a household would need to earn about $82,542 a year.
The calculator's FHA and conventional loan limits are those of all of Kent County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Wyoming. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $7,882 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,926
at 7.18% · 30 years
Loan amount
$221,121
Total interest
$318,141
Paid off in
November 2056
Includes $3,803 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,719 a month
Tight
$1,719 to $2,210 a month
Your payment · 31%
Hard
more than $2,210 a month
Compared with the typical household income in Wyoming ($73,677 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,498
Property tax
$235
Home insurance
$94
FHA mortgage insurance (MIP)
$100
You need at least $7,882 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $1,926; principal and interest $1,498.
The city and its county
Wyoming and Kent County
Wyoming is in Kent County, Michigan. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Wyoming
Map of Kent County, Michigan, with Wyoming marked. Around it, the neighboring counties.
Wyoming
Kent County
Other cities with a page
Wyoming's own numbers
Typical home value
$225,200
Typical monthly rent
$1,196
Typical yearly household income
$73,677
Households that own their home
67%
Effective property tax rate
1.25%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Kent County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,630
Price change over 5 years (FHFA)
+60%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Kent County.
A typical home in Wyoming is worth $225,200: 22% below the county and 3% below Michigan. With the typical household income in Wyoming ($73,677 a year), a typical home costs 3.1 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Wyoming3.1 years
Kent3.5 years
Michigan3.2 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Kent County
According to FHFA’s house price index, home prices in Kent County rose 130% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Kent County.
Yearly change in FHFA’s price index in Kent County, 2016 to 2025
2016: +8.6% +8.6% 2016
2017: +9.0% +9.0% 2017
2018: +8.8% +8.8% 2018
2019: +6.6% +6.6% 2019
2020: +4.3% +4.3% 2020
2021: +14.3% +14.3% 2021
2022: +15.7% +15.7% 2022
2023: +9.0% +9.0% 2023
2024: +6.3% +6.3% 2024
2025: +4.5% +4.5% 2025
Change in FHFA’s price index in Kent County, Michigan and the United States
Period
County
Michigan
U.S.
Last year (2025)
+4.5%
+4.7%
+2.9%
5 years (2020–2025)
+60%
+52%
+47%
10 years (2015–2025)
+130%
+97%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Wyoming next to Kent County, Michigan and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Wyoming$225,200
Kent$289,900
Michigan$231,600
United States$332,700
Typical monthly rent
Wyoming$1,196
Kent$1,243
Michigan$1,129
United States$1,413
Typical yearly household income
Wyoming$73,677
Kent$82,631
Michigan$72,875
United States$80,734
See the full table
Wyoming next to Kent County and Michigan
Measure
Wyoming
Kent County
Michigan
U.S.
Typical home value
$225,200 ▼22% below the county
$289,900
$231,600
$332,700
Typical monthly rent
$1,196 ▼4% below the county
$1,243
$1,129
$1,413
Typical yearly household income
$73,677 ▼11% below the county
$82,631
$72,875
$80,734
Households that own their home
67% ▼3 points below the county
70%
73%
65%
Typical yearly property tax
$2,812 ▼13% below the county
$3,217
$2,904
$3,119
Effective property tax rate
1.25% ▲0.14 points above the county
1.11%
1.25%
0.94%
Renters with high rent for their income
53% ▲4 points above the county
49%
50%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Kent County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Wyoming
For a typical $225,200 home in Wyoming, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Wyoming's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,926a month
Least cash to close
Down payment
$7,882
Cash to close
$14,638
Rate
7.18%
Mortgage insurance
FHA MIP · $100
Conventional, 5% down$1,885a month
Down payment
$11,260
Cash to close
$18,016
Rate
7.18%
Mortgage insurance
PMI · $107
Conventional, 20% down, no PMI$1,549a month
Down payment
$45,040
Cash to close
$51,796
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,757a month
Down payment
$33,780
Cash to close
$40,536
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Wyoming
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,926
$7,882
$221,121
7.18%
FHA MIP · $100
$14,638
580
Conventional, 5% down
$1,885
$11,260
$213,940
7.18%
PMI · $107
$18,016
620*
Conventional, 20% down, no PMI
$1,549
$45,040
$180,160
7.18%
None
$51,796
620*
ITIN, 15% down (example)
$1,757
$33,780
$191,420
8.18%
None
$40,536
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Wyoming is $1,196 a month: 4% below the county. In Wyoming, 53% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Kent County, by unit size. To pay the 2-bedroom one ($1,630 a month) without spending more than 30% of your income, you would need to earn $31.35 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Kent County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,306
$25.12
$52,240
1 bedroom
$1,365
$26.25
$54,600
2 bedrooms
$1,630
$31.35
$65,200
3 bedrooms
$2,113
$40.63
$84,520
4 bedrooms
$2,417
$46.48
$96,680
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Wyoming
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Wyoming has 4 ZIP codes with their own.
For 2 bedrooms it runs from $1,380 in 49509 to $1,670 in 49418.
1 of the 4 is above the fair market rent for Kent County ($1,630).
2-bedroom fair market rent in each of the 4 ZIP codes of Wyoming, beside the one for Kent County. For 2 bedrooms it runs from $1,380 in 49509 to $1,670 in 49418. 1 of the 4 is above the fair market rent for Kent County ($1,630).
2-bedroom fair market rent in each ZIP code
Each line is one ZIP code: in color, those above the county's fair market rent; in gray, the rest.
County: $1,630
Lowest: $1,380 (49509)Highest: $1,670 (49418)
Fair market rent by ZIP code and size in Wyoming, fiscal year 2027.
49418
$1,310
$1,410
$1,670
$2,150
$2,470
49509
$1,110
$1,160
$1,380
$1,790
$2,020
49519
$1,270
$1,330
$1,590
$2,060
$2,360
49548
$1,230
$1,290
$1,540
$2,000
$2,280
ZIP code2 bd3 bd
49418 $1,670$2,150
49509 $1,380$1,790
49519 $1,590$2,060
49548 $1,540$2,000
2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Wyoming when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 8 buildings with rents for lower incomes in Wyoming. These are the largest.
Westwood Apts2450 36th St SW, Wyoming 49519196 homes, 195 low-income · Run by Wyoming Housing Commission · Average payment: $513 a month · Average wait: 50 months · Homes at several sites(616) 534-5471
Pine Oak850 36th St SW, Wyoming 49509127 homes, 126 low-income · 1 bd: 127 · In service since 2004 · For older adults
Pinery Park Apts2300 Newstead Ave SW, Wyoming 49509125 low-income homes · For older adults(616) 452-8758
Villa Esperanza1446 44th St SW, Wyoming 4950940 low-income homes · For older adults(616) 530-0883
Oak Forest3614 Pine Oak Ave SW, Wyoming 4950912 low-income homes · 1 bd: 1 · 2 bd: 5 · 3 bd: 6 · In service since 1996
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 5 HUD-approved agencies with an office in Kent County; 2 say they serve in Spanish.
No down payment, repair or rent-help program on our list is for Wyoming or Kent County. The ones below are statewide in Michigan: they work in Wyoming the same as in the rest of the state.
Michigan state agency loan of up to $10,000, with no interest and no monthly payments, for the down payment, closing costs and prepaid expenses; it goes with MSHDA's MI Home Loan mortgage and is repaid in certain cases, such as when you pay off the first mortgage, sell or refinance the home, or no longer live in it.Offered by Michigan State Housing Development Authority (MSHDA).
Michigan state authority certificate that lets you take 20% of the interest you pay each year on your mortgage off your federal taxes, for the life of the loan; you apply with an approved lender before you buy.Offered by Michigan State Housing Development Authority (MSHDA).
No legal help resource on our list is for Wyoming or Kent County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Wyoming and all of Kent County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Wyoming?
The typical home value in Wyoming is $225,200, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Kent County it is $289,900.
How much does it cost to rent in Wyoming?
Typical rent in Wyoming is $1,196 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Kent County is $1,630.
What is the FHA loan limit in Wyoming?
Wyoming uses the FHA limit for all of Kent County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Wyoming?
The typical homeowner in Wyoming pays $2,812 a year, according to the U.S. Census Bureau. That is 1.25% of the home’s value; in Kent County, the rate is 1.11%.
Where can I find free help to buy or rent in Wyoming?
There are 5 HUD-approved counseling agencies with an office in Kent County. 2 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.
