Mortgage Rates in Lusk, Wyoming — March 2026
Updated March 2026 | Based on Lusk market data and regional lending conditions
Lusk is a growing city in Wyoming with a population of 1,567. The current 30-year fixed mortgage rate in Lusk is 6.63%, which is 0.02% below the national average. With a median home price of $243,000 and a 20% down payment of $48,600, homebuyers can expect a monthly principal and interest payment of approximately $1,245.
Current Mortgage Rates in Lusk, WY
Below are the current average mortgage rates available in the Lusk area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.63% | 6.65% | -0.02% |
| 15-Year Fixed | 5.89% | 5.89% | 0% |
| 5/1 ARM | 6.18% | 6.15% | +0.03% |
| FHA | 6.44% | 6.25% | +0.19% |
| VA | 6.19% | 6.05% | +0.14% |
| Jumbo | 6.88% | 6.85% | +0.03% |
Lusk Housing Market Overview
The Lusk housing market offers relatively affordable housing compared to many major cities. The median household income in Lusk is $62,200, and the cost of living index is 93.4 (national average = 100). Based on the 28% affordability rule, the median income in Lusk is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Lusk
Based on the median home price of $243,000 with 20% down ($48,600), here is what you can expect to pay monthly in Lusk:
15-Year vs. 30-Year Mortgage in Lusk
Choosing a 15-year mortgage in Lusk at 5.89% instead of a 30-year at 6.63% would save you $154,980 in total interest over the life of the loan. However, your monthly payment would be $1,629 instead of $1,245 — an increase of $384 per month.
Calculate Your Lusk Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Lusk
What are the current mortgage rates in Lusk, WY?
As of March 2026, the average 30-year fixed mortgage rate in Lusk, Wyoming is 6.63%, while the 15-year fixed rate is 5.89%. FHA loans average 6.44% and VA loans 6.19%. These rates are 0.02% below the national average of 6.65%.
How much is a monthly mortgage payment in Lusk?
Based on the median home price of $243,000 with 20% down, the estimated monthly mortgage payment in Lusk is $1,245 for principal and interest. Including property taxes of $128/month, the total monthly housing cost is approximately $1,373.
What income do I need to buy a home in Lusk?
Using the 28% rule, you would need an annual income of approximately $58,843 to afford the median-priced home in Lusk at $243,000. The median household income in Lusk is $62,200. The median income is currently sufficient to meet this threshold.
Is Lusk a good place to buy a home in 2026?
Lusk offers a below-average cost of living with a cost of living index of 93.4 (national average = 100). The property tax rate in Wyoming is 0.63%, which is below the national average. Lusk has a population of 1,567 and offers a very affordable lifestyle.
Mortgage Rates in Other Wyoming Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Lusk, Wyoming area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.