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City · 6,182 residents · Goshen County, Wyoming

Torrington , Wyoming

In Torrington, a typical home is worth $197,500 and typical rent is $901 a month. Compared with all of Goshen County, typical household income is 19% lower, the typical home value is 18% lower, and the share of households that own their home is 9 points lower.

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  • Typical home value

    $197,500

    18% below the county

    36% below Wyoming

    • Torrington
    • Goshen
    • Wyoming

  • Typical rent

    $901a month

    16% above the county

    9% below Wyoming

    • Torrington
    • Goshen
    • Wyoming

  • Typical household income

    $47,902a year

    19% below the county

    37% below Wyoming

    • Torrington
    • Goshen
    • Wyoming

  • Households that own their home

    64%

    9 points below the county

    7 points below Wyoming

    • Torrington
    • Goshen
    • Wyoming

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$231,783
1% less than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Torrington is in Goshen 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 Goshen County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Torrington apart

What this place has that others do not, from public data, most unusual first.

  1. Torrington has the lowest typical household income of the 17 cities in Wyoming with more than 5,000 people: $47,902.

  2. Torrington has the lowest typical home value of the 17 cities in Wyoming with more than 5,000 people: $197,500.

  3. Torrington has the largest share of rent-burdened renters of the 16 cities in Wyoming with more than 5,000 people: 53%.

  4. The typical rent in Torrington is $901 a month, 16% more than in Goshen County as a whole ($778).

  5. 64% of households in Torrington own their home, against 73% in Goshen County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Torrington

What homes there are in Torrington, 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

The detached house is still the most common home in Torrington, but it weighs less than in Goshen County: 74% against 78%.

Year built

In Torrington, half of the homes were built before 1966; in Goshen County, before 1971.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

At least 99% of owner-occupied homes in Torrington are worth less than $500,000, below the FHA loan limit for Goshen County ($541,287).

Monthly rent with utilities

With a mortgage

$1,127 a month

Goshen County: $1,324 a month

Without a mortgage

$528 a month

Goshen County: $564 a month

Owners with a mortgage

56%

Goshen County: 48%

Owning costs less in Torrington: with a mortgage, the typical cost is $1,127 a month; in Goshen County, $1,324. Without one, $528.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Torrington rose 32% since 2015–2019, less than in Goshen County (38%).

The typical rent in Torrington stayed about the same over that time: the difference is within the Census margin of error.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureTorringtonGoshen CountyWyomingUnited States
Rental vacancy Unreliable estimateUnreliable estimate6.0%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.9%0.9%
More than one person per room Unreliable estimateUnreliable estimate1.9%3.4%
People per household 2.132.242.342.53
Drive alone 74%70%75%69%
Carpool 11%9%9%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike Unreliable estimate5%4%3%
Work from home 9%13%9%15%
Other means Unreliable estimateUnreliable estimate1%2%
Typical commute Unreliable estimate10 to 19 minutes10 to 19 minutes20 to 29 minutes

A household in Torrington has 2.13 people on average, about the same as in Goshen County (2.24).

In Torrington, 74% of workers drive alone to work; in Goshen County, 70%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Torrington?

A typical home costs more than the typical income allows

We start with a typical home in Torrington, worth $197,500, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 40% of the typical household income in Torrington, which is $47,902 a year. For that payment to be 28% of income, a household would need to earn about $68,016 a year.

The calculator's FHA and conventional loan limits are those of all of Goshen County.

Your numbers

Local data
$

Starts at the typical home value in Torrington. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $6,913 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$1,587

at 7.18% · 30 years

Loan amount
$193,922
Total interest
$279,009
Paid off in
November 2056

Includes $3,335 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,118 a month

  • Tight

    $1,118 to $1,437 a month

  • Hard

    more than $1,437 a month

    Your payment · 40%

Compared with the typical household income in Torrington ($47,902 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,587
Principal & interest$1,314
Property tax$104
Home insurance$82
FHA mortgage insurance (MIP)$87

You need at least $6,913 for the down payment, plus closing costs.

Next step

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.

The city and its county

Torrington and Goshen County

Torrington is in Goshen County, Wyoming. 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).

Torrington's own numbers

Typical home value
$197,500
Typical monthly rent
$901
Typical yearly household income
$47,902
Households that own their home
64%
Effective property tax rate
0.63%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Goshen County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$999
Price change over 5 years (FHFA)
+47%

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 Goshen County.

Everything about Goshen County

Buying

Buying a home in Torrington

A typical home in Torrington is worth $197,500: 18% below the county and 36% below Wyoming. With the typical household income in Torrington ($47,902 a year), a typical home costs 4.1 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.

  • Torrington 4.1 years
  • Goshen 4.1 years
  • Wyoming 4.1 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Goshen County

According to FHFA’s house price index, home prices in Goshen County rose 61% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Goshen County.

Period County Wyoming U.S.
Last year (2025) −1.6% +4.1% +2.9%
5 years (2020–2025) +47% +44% +47%
10 years (2015–2025) +61% +68% +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

Torrington next to Goshen County, Wyoming and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Torrington $197,500
  • Goshen $239,600
  • Wyoming $309,700
  • United States $332,700
Typical monthly rent
  • Torrington $901
  • Goshen $778
  • Wyoming $992
  • United States $1,413
Typical yearly household income
  • Torrington $47,902
  • Goshen $58,929
  • Wyoming $76,176
  • United States $80,734
See the full table
Torrington next to Goshen County and Wyoming
Measure Torrington Goshen County Wyoming U.S.
Typical home value $197,500 $239,600 $309,700 $332,700
Typical monthly rent $901 $778 $992 $1,413
Typical yearly household income $47,902 $58,929 $76,176 $80,734
Households that own their home 64% 73% 72% 65%
Typical yearly property tax $1,235 $1,419 $1,767 $3,119
Effective property tax rate 0.63% 0.59% 0.57% 0.94%
Renters with high rent for their income 53% 48% 43% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Goshen 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 Torrington

For a typical $197,500 home in Torrington, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Torrington's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,587a month

    Least cash to close
    Down payment
    $6,913
    Cash to close
    $12,838
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $87

  • Conventional, 5% down $1,551a month

    Down payment
    $9,875
    Cash to close
    $15,800
    Rate
    7.18%
    Mortgage insurance
    PMI · $94

  • Conventional, 20% down, no PMI $1,256a month

    Down payment
    $39,500
    Cash to close
    $45,425
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,439a month

    Down payment
    $29,625
    Cash to close
    $35,550
    Rate
    8.18%
    Mortgage insurance
    None

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.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Torrington and for Goshen County.

Property tax

Effective rate in Torrington

0.63%of the home’s value each year

$1,235 a year for the typical owner in Torrington.

  • Torrington 0.63%
  • Goshen 0.59%
  • Wyoming 0.57%

What Wyoming publishes Homeowner's exemption: 25% of value (Wyoming State Legislature (Wyoming Statutes, Title 39))

Exemptions and deadlines in Wyoming

Flood risk in Goshen County

FEMA does not publish these numbers by city: they are for all of Goshen County.

FEMA’s maps count no homes in the high-risk zone in Goshen County. That does not mean it cannot flood: check your address.

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Torrington

Typical rent in Torrington is $901 a month: 16% above the county. In Torrington, 53% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Goshen County, by unit size. To pay the 2-bedroom one ($999 a month) without spending more than 30% of your income, you would need to earn $19.21 an hour working full time.

HUD fair market rent for all of Goshen County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $759 $14.60 $30,360
1 bedroom $764 $14.69 $30,560
2 bedrooms $999 $19.21 $39,960
3 bedrooms $1,383 $26.60 $55,320
4 bedrooms $1,670 $32.12 $66,800

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 Torrington

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Torrington is in ZIP code 82240.

For 2 bedrooms it is $1,050: $51 more than the fair market rent for Goshen County ($999).

  • 82240 $1,050$1,450

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Torrington 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 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Torrington

HUD lists 6 buildings with rents for lower incomes in Torrington. These are the largest.

  • Bell Park Tower 2210 E B St, Torrington 82240 40 homes, 39 low-income · For older adults (307) 532-7888
  • Sage Apartments 1800 E F St, Torrington 82240 36 low-income homes · 1 bd: 14 · 2 bd: 22 · In service since 2018 · For families (231) 526-7380
  • High Plains Apts 420 College Dr, Torrington 82240 32 low-income homes · 1 bd: 9 · 2 bd: 14 · 3 bd: 9 · In service since 2013 · For families
  • Torrington Apts 1309 E 17th Ave, Torrington 82240 25 low-income homes · 1 bd: 8 · 2 bd: 16 · 3 bd: 1 · In service since 1992 · For families
  • Golden Manor II 2025 E F St, Torrington 82240 14 low-income homes · For older adults (307) 532-4105

See all 6 buildings in Goshen County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Torrington

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.

We found no HUD-approved agencies with an office in Goshen County. The nearest ones are below; many serve by phone or online.

A man shakes hands with the specialist who helped him with his loan, in the kitchen of his new home.

HUD counseling is free or low-cost

Assistance programs in Torrington

No down payment, repair or rent-help program on our list is for Torrington or Goshen County. The ones below are statewide in Wyoming: they work in Torrington the same as in the rest of the state.

Which programs do I qualify for? All programs in Wyoming

  • Home$tretch Down Payment Assistance

    Statewide in Wyoming

    Wyoming state authority loan of up to $15,000 for the down payment, at 0% with no monthly payments, repaid when you sell, refinance or after 30 years; alongside WCDA's First-time Homebuyer, Spruce Up or Edge mortgages. Offered by Wyoming Community Development Authority (WCDA).

    Deferred

    See the program Official page

  • Amortizing DPA Loan Product

    Statewide in Wyoming

    Wyoming state authority loan of up to $15,000 for the down payment, closing costs and prepaid expenses, at a fixed rate with low monthly payments for up to 10 years; only with WCDA's Advantage mortgage, which does not require you to be a first-time buyer. Offered by Wyoming Community Development Authority (WCDA).

    Repayable

    See the program Official page

  • Mortgage Credit Certificate (MCC)

    Statewide in Wyoming

    Wyoming state authority certificate that turns part of your mortgage interest into a credit on your federal taxes for the life of the loan, as long as you keep qualifying; for first-time buyers, only with WCDA's HFA Preferred or Advantage mortgages; if you pay the federal recapture tax, you may get a refund from WCDA. Offered by Wyoming Community Development Authority (WCDA).

    Tax credit

    See the program Official page

Housing counselors near Torrington

The HUD-approved agencies closest to the center of Torrington, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Wyoming Housing Network, Inc.

    2345 E 2nd St, Casper · 121 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 4 more
    (307) 472-5843

All counseling agencies in Wyoming

Help in Spanish near Torrington

None of the 1 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Torrington

HUD lists no housing authority with an office in Goshen County. One in a neighboring county or the state’s may serve the area.

All housing agencies in Wyoming Source: HUD

Cities

Nearby cities

The cities closest to Torrington, with the typical home value.

Everything about Goshen County Housing in Wyoming

Neighboring counties

If Goshen County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Torrington.

All guides
A mother smiles as she carries her young daughter on her shoulders (black and white).

Questions

Housing questions about Torrington

Short answers with the numbers for Torrington and all of Goshen 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 Torrington?

The typical home value in Torrington is $197,500, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Goshen County it is $239,600.

How much does it cost to rent in Torrington?

Typical rent in Torrington is $901 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Goshen County is $999.

What is the FHA loan limit in Torrington?

Torrington uses the FHA limit for all of Goshen 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 Torrington?

The typical homeowner in Torrington pays $1,235 a year, according to the U.S. Census Bureau. That is 0.63% of the home’s value; in Goshen County, the rate is 0.59%.

Where can I find free help to buy or rent in Torrington?

We found no HUD-approved counseling agencies with an office in Goshen County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).