Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Reliance

Learn about the people, housing, costs and businesses in Reliance, Wyoming

Median Home$146,600
Median Rent$841/month
Population516
Leading IndustriesArts, Food & Hospitality · Education · Healthcare13% arts, food & hospitality
Home Value Growth-4.1% over 2 years
Young Adults28% of residentsnear the national average
Homeowners66% of occupied units
NotableHighly Educated33% bachelor's · 19% graduate · top 5% nationally
NotableAffordable Market$147k median home · lower cost than 76% of the country
Reliance
WY

Frequently Asked Questions

What are today's mortgage rates in Reliance?

As of today, the 30-year fixed mortgage rate for Reliance is approximately 6.905% (6.941% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Reliance
What is the median home price in Reliance?

The median home value in Reliance is $147k. The median monthly rent is $841. Annual property taxes average $938. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Reliance?

Home values in Reliance have decreased 4.1% over the past two years. Buyers may find more negotiating room in this market. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Reliance?

Based on a typical all-in ownership cost of $800/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Reliance is $39k/year.

Calculate your buying power
What industries drive the economy in Reliance?

The largest employment sectors in Reliance are public administration (27%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.