Total monthly cost of ownership
Cost to Own a Home in Afton, Wyoming
A $311,000 home here costs
$2,371per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $101,500 a year.
A standard mortgage calculator would have told you $1,696. The real number is $675 higher every month, 40% more than the payment most buyers budget for.
Compare Lincoln County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Afton from a five-year rolling sample, and with about 1,982 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Lincoln County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Afton against Lincoln County and Wyoming
| Measure | Afton | Lincoln County |
|---|---|---|
| Median home value | $311,200 | $334,500 |
| Median property tax | $1,332 | $1,458 |
| Effective tax rate | 0.428% | 0.436% |
| Median gross rent | $738 | $868 |
| Population | 1,982 | 20,158 |
The weather behind that power bill
Afton sits in Lincoln County, which averages a high of 81.9°F in its hottest month and a low of -3.3°F in its coldest, with 7.66" of precipitation a year and 41% of it in a single three-month stretch. That climate drives 31 cooling and 10,404 heating degree days, which is what sets the $125 electricity line above.
See the full climate breakdown for Lincoln County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Lincoln County
Full Lincoln County cost breakdown · Every county in Wyoming
Talk to someone who works this market
These are Afton averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Afton every week. Free, no obligation, and we never sell your details to a list.
Common questions
How much does it cost to own a home in Afton?
A $311,000 home in Afton, Wyoming costs approximately $2,371 per month with 20% down at 7.24%. That is $1,696 principal and interest, $111 property tax, $113 homeowners insurance, $193 utilities and $259 set aside for maintenance.
What is the property tax rate in Afton?
Afton has an effective property tax rate of 0.428%, based on a median home value of $311,200 and median real estate taxes of $1,332. That is in line with the Lincoln County average of 0.436%.
What is the average home price in Afton?
The median owner-occupied home value in Afton, Wyoming is $311,200, against $334,500 across Lincoln County.
Is it cheaper to rent or buy in Afton?
Median gross rent in Afton is $738 a month, against $2,371 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Afton?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Afton, Wyoming at today's rate takes a household income of roughly $101,500 a year. That covers the full $2,371 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Afton, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Wyoming.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.