Mortgage Rates in Rock Springs, Wyoming — March 2026
Updated March 2026 | Based on Rock Springs market data and regional lending conditions
Rock Springs is a growing city in Wyoming with a population of 23,036. The current 30-year fixed mortgage rate in Rock Springs is 6.7%, which is 0.05% above the national average. With a median home price of $255,000 and a 20% down payment of $51,000, homebuyers can expect a monthly principal and interest payment of approximately $1,316.
Current Mortgage Rates in Rock Springs, WY
Below are the current average mortgage rates available in the Rock Springs 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 | 6.7% | 6.65% | +0.05% |
| 15-Year Fixed | 5.94% | 5.89% | +0.05% |
| 5/1 ARM | 6.2% | 6.15% | +0.05% |
| FHA | 6.3% | 6.25% | +0.05% |
| VA | 6.1% | 6.05% | +0.05% |
| Jumbo | 6.9% | 6.85% | +0.05% |
Rock Springs Housing Market Overview
The Rock Springs housing market offers relatively affordable housing compared to many major cities. The median household income in Rock Springs is $62,250, and the cost of living index is 88.5 (national average = 100). Based on the 28% affordability rule, the median income in Rock Springs is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Rock Springs
Based on the median home price of $255,000 with 20% down ($51,000), here is what you can expect to pay monthly in Rock Springs:
15-Year vs. 30-Year Mortgage in Rock Springs
Choosing a 15-year mortgage in Rock Springs at 5.94% instead of a 30-year at 6.7% would save you $165,060 in total interest over the life of the loan. However, your monthly payment would be $1,715 instead of $1,316 — an increase of $399 per month.
Calculate Your Rock Springs 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 Rock Springs
What are the current mortgage rates in Rock Springs, WY?
As of March 2026, the average 30-year fixed mortgage rate in Rock Springs, Wyoming is 6.7%, while the 15-year fixed rate is 5.94%. FHA loans average 6.3% and VA loans 6.1%. These rates are 0.05% above the national average of 6.65%.
How much is a monthly mortgage payment in Rock Springs?
Based on the median home price of $255,000 with 20% down, the estimated monthly mortgage payment in Rock Springs is $1,316 for principal and interest. Including property taxes of $130/month, the total monthly housing cost is approximately $1,446.
What income do I need to buy a home in Rock Springs?
Using the 28% rule, you would need an annual income of approximately $61,971 to afford the median-priced home in Rock Springs at $255,000. The median household income in Rock Springs is $62,250. The median income is currently sufficient to meet this threshold.
Is Rock Springs a good place to buy a home in 2026?
Rock Springs offers a below-average cost of living with a cost of living index of 88.5 (national average = 100). The property tax rate in Wyoming is 0.61%, which is below the national average. Rock Springs has a population of 23,036 and offers a very affordable lifestyle.
Mortgage Rates in Other Wyoming Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Rock Springs, Wyoming area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.