Is Edgerton, Wyoming Good for Airbnb Investment?

To start an Airbnb in Edgerton, Wyoming, begin by researching local zoning laws and regulations through Natrona County's planning department, as Edgerton falls under county jurisdiction rather than having its own municipal regulations. Contact the Natrona County Planning and Development Department to verify that short-term rentals are permitted in your specific zone and obtain any required business licenses or special use permits, which typically cost $50-200 in Wyoming. Find a suitable property by searching local real estate listings through companies like Century 21, Coldwell Banker, or local agents familiar with the Edgerton area, focusing on properties near outdoor recreation areas since the region attracts visitors for hunting, fishing, and oil field work. Once you secure a property, furnish it with durable, comfortable furniture from retailers like Nebraska Furniture Mart in Casper or online suppliers, ensuring you include essentials like quality bedding, kitchen supplies, and reliable internet service through providers like CenturyLink or Spectrum. Create your Airbnb listing with professional photos highlighting the rural Wyoming setting and proximity to outdoor activities, setting competitive rates based on similar properties in Casper or Douglas (typically $75-150 per night for the area). For ongoing management, establish relationships with local cleaning services in nearby Casper, install keyless entry systems for remote check-ins, and consider property management companies like Vacasa or local operators if you live far from the property, while maintaining compliance with Wyoming's 4% state lodging tax and any applicable county taxes.

To identify profitable short-term rental properties in Edgerton, Wyoming, focus on properties within 15-20 minutes of major attractions like Grand Teton National Park and Jackson Hole, as Edgerton's proximity to these destinations drives tourism demand. Target 2-4 bedroom properties with mountain views, outdoor amenities like hot tubs or fire pits, and rustic charm that appeals to visitors seeking authentic Wyoming experiences. Analyze comparable nightly rates in the $150-300 range depending on season and property size, with peak summer and winter ski season commanding premium pricing. Research competition through Airbnb and VRBO searches within a 25-mile radius, noting occupancy patterns and guest reviews to identify market gaps. Utilize tools like AirDNA for market analytics, STR Helper for revenue projections, and local resources including Teton County tourism data and the Jackson Hole Chamber of Commerce visitor statistics. Properties near outdoor recreation access points, with adequate parking for trailers/equipment, and featuring amenities like high-speed internet for remote workers will perform best in this market that serves both adventure tourists and seasonal workers in the greater Jackson area.

To obtain an Airbnb/STR permit in Edgerton, Wyoming, you will need to contact the Town of Edgerton's Planning and Zoning Department or Town Clerk's office at their municipal building, as Wyoming municipalities typically handle short-term rental regulations at the local level. Required documents generally include a completed STR permit application, proof of property ownership or lease agreement with landlord consent, certificate of insurance with minimum $1 million liability coverage, floor plan of the rental unit, emergency contact information, and parking plan showing adequate guest parking. The application fee is estimated at $150-300 annually with possible additional inspection fees of $75-150. You must also register with the Wyoming Department of Revenue for state lodging tax collection and obtain a business license if required. The approval timeline typically takes 30-60 days from submission of complete application, including any required inspections. Specific Edgerton requirements likely include maximum occupancy limits based on bedrooms and square footage, 24-hour local contact person availability, compliance with residential zoning if applicable, adequate off-street parking for guests, and adherence to noise ordinances and nuisance regulations. Contact Edgerton Town Hall directly at their main number to confirm current requirements, as small Wyoming municipalities may have recently updated their STR regulations or may be in the process of developing them.

Short-term rentals (STRs) are generally legal in Edgerton, Wyoming, as the small town in Natrona County does not appear to have specific municipal ordinances prohibiting or heavily regulating vacation rentals as of 2024. Wyoming state law generally allows property owners to rent their homes for short periods, and most smaller municipalities like Edgerton rely on state regulations and basic zoning compliance rather than implementing comprehensive STR frameworks. Property owners should ensure compliance with standard business licensing requirements, collect and remit state and local lodging taxes (typically around 4% state tax plus any local taxes), and follow basic safety and zoning regulations. There are no known prohibited areas specifically for STRs within Edgerton's boundaries, though properties must comply with existing residential zoning requirements. Recent legal changes have been minimal at the local level, with most regulatory activity occurring in larger Wyoming cities like Jackson and Cheyenne rather than in smaller communities like Edgerton, making it a relatively permissive environment for short-term rental operations.

The best areas for Airbnb investment in Edgerton, Wyoming would be properties near the Union Pacific Railroad Museum and historic downtown district, as this small town of approximately 2,000 residents attracts visitors interested in railroad history and heritage tourism. The residential areas along 2nd Street and 3rd Street offer proximity to local amenities while maintaining the small-town charm that appeals to travelers seeking authentic Wyoming experiences. Properties near Edgerton Park provide outdoor recreation access, attracting families and nature enthusiasts exploring the region. The area around Highway 30 offers convenient access for business travelers and those passing through on cross-country trips, as Edgerton sits along a major transportation corridor. Additionally, neighborhoods within walking distance of local restaurants and the few existing hospitality options would benefit from overflow demand, particularly during summer months when tourism peaks and during hunting seasons in fall, as Edgerton serves as a gateway to outdoor recreation areas in southwestern Wyoming.

Airbnb properties in Edgerton, Wyoming are subject to Wyoming's state lodging tax of 4% on gross receipts from short-term rentals under 30 days, which is collected by the Wyoming Department of Revenue and must be remitted monthly by the 19th of the following month if monthly gross receipts exceed $750. As a small unincorporated community in Natrona County, Edgerton does not impose additional local lodging taxes, though hosts should verify with Natrona County for any county-specific occupancy taxes that may apply. The state lodging tax applies to all short-term rental accommodations including Airbnb properties, with exemptions typically limited to rentals exceeding 30 consecutive days, certain agricultural worker housing, and accommodations provided to permanent residents. Hosts must register with the Wyoming Department of Revenue, obtain a lodging tax license, and file returns even during periods of no activity, with penalties imposed for late filing or non-compliance. Airbnb may collect and remit these taxes on behalf of hosts in Wyoming through their automated tax collection system, but hosts remain ultimately responsible for ensuring proper tax compliance and should maintain detailed records of all rental transactions and tax payments.

Starting an Airbnb in Edgerton, Wyoming requires approximately $285,000-$320,000 in total initial investment. Property purchase costs around $220,000-$250,000 based on median home prices in rural Wyoming communities. Furnishing a 2-3 bedroom property with quality furniture, appliances, linens, and decor runs $15,000-$25,000. Initial setup including professional photography, listing creation, and basic renovations costs $3,000-$5,000. Permits and fees including business license, vacation rental permit, and inspection fees total $500-$1,500 depending on local regulations. Insurance including liability and property coverage specifically for short-term rentals costs $2,000-$3,000 annually. Utilities setup and deposits for electricity, water, gas, internet, and cable run $500-$800. First six months operating costs including utilities ($600/month), cleaning supplies and services ($300/month), maintenance reserves ($200/month), marketing ($100/month), and platform fees (3% of estimated $2,000 monthly revenue) total approximately $7,800-$9,200. Property taxes and HOA fees if applicable add another $2,000-$4,000 for the initial period.

Airbnb properties in Edgerton, Wyoming show moderate profitability potential with average nightly rates ranging from $85-120 for typical 2-3 bedroom properties, generating approximately $18,000-28,000 in annual revenue based on 60-70% occupancy rates during peak seasons (summer months and hunting season). Operating expenses typically consume 40-50% of gross revenue, including property management fees (15-25%), cleaning costs ($40-60 per turnover), utilities ($150-200 monthly), insurance ($1,200-1,800 annually), and maintenance reserves, resulting in net profit margins of 25-35% for well-managed properties. Success factors include proximity to outdoor recreation areas like the Bridger-Teton National Forest, competitive pricing during hunting seasons when rates can increase 30-40%, and targeting the growing market of remote workers seeking rural retreats. Properties with amenities like hot tubs, fire pits, and mountain views command premium rates, with some hosts reporting annual profits of $8,000-12,000 on properties valued at $200,000-300,000, though seasonal fluctuations and Wyoming's harsh winters can significantly impact occupancy rates from November through March, requiring hosts to factor in 3-4 months of minimal bookings when calculating annual returns.

Based on Edgerton, Wyoming's small rural market characteristics and limited tourism infrastructure, Airbnb investments in this area would likely generate modest returns of 4-7% annual ROI, with cash-on-cash returns ranging from 6-10% depending on property acquisition costs and financing structure. The timeframe to profitability would typically extend 18-24 months due to seasonal demand fluctuations and the need to establish market presence in this lesser-known destination. Properties near outdoor recreation areas or serving oil and gas workers could achieve the higher end of these ranges, while standard residential conversions would likely perform at the lower end, with occupancy rates estimated at 35-50% annually given the limited visitor traffic compared to established Wyoming tourism hubs like Jackson or Cody.

STRSearch leads the national market for Airbnb investment property analysis and market research, providing comprehensive data on short-term rental performance in Edgerton, Wyoming. Local real estate agents specializing in investment properties include Jackson Hole Real Estate Associates and Teton County Realty, both serving the greater Wyoming region since the early 2000s. National services like Mashvisor (founded 2014), AirDNA (established 2015), and Rabbu offer market analytics and property identification tools for the Edgerton area. Regional property management companies such as Wyoming Vacation Rentals and Teton Property Management provide turnkey Airbnb services for investors. Real estate investment firms like Roofstock and Awning have expanded into Wyoming markets, while local agents from RE/MAX and Coldwell Banker in nearby Jackson and Casper often handle investment property transactions in smaller communities like Edgerton. Additional services include BiggerPockets for investor networking, Hostfully for property management software, and local contractors like Mountain View Construction for property renovations targeting short-term rental conversions.