Gillette, WY
- Overview
- Performance
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Key Performance Metrics
Market snapshotPerformance indicators for the Gillette short-term rental market based on reliable data.
Listings
24 / 88
Reliable / Active
Cap Rate
7%
Middle-Earners Gross Yield
Revenue
$23,381
Middle-Earners Revenue
Occupancy
65%
Middle-Earners Occupancy
Home Value
$322,960
Median Home Sale Price
Top Earners
$37,046
Top-Earners Revenue
Gillette
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Gillette.
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Very Investor friendly
Gillette Regulations
Gillette permits STRs citywide without STR-specific licensing, caps, or zoning restrictions, requiring only standard business registrations and compliance with general building/safety codes and state tax obligations. The clear legality, minimal permitting burden, and lack of operational constraints create a highly investor-friendly environment with low compliance risk.
Local STR Agent
STR specialist · Gillette, WY
About Gillette
Gillette (, jih-LET) is a city in and the county seat of Campbell County, Wyoming, United States. The town was founded in 1891 as a major railway town on the Chicago, Burlington and Quincy Railroad. The population was estimated at 33,403 as of 2020, making it the 3rd most populous city in Wyoming after Cheyenne and Casper. Gillette's population increased 48% in the ten years after the 2000 census, which counted 19,646 residents after a boom in its local fossil fuel industries.Gillette is centrally located in an area involved with the development of vast quantities of coal, oil, and coalbed methane gas. The city calls itself the "Energy Capital of the Nation"; Wyoming provides nearly 35% of the nation's coal. However, a decline in coal use in the U.S. has led to a decline in the local economy, leading some local officials to look for other industries or employment opportunities. As a major economic hub for the county, the city is also a regional center for media, education, health, and arts.