Ten Sleep, WY

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Ten Sleep short-term rental market based on reliable data.

Listings

32 / 55

Reliable / Active

Cap Rate

6%

Middle-Earners Gross Yield

Revenue

$21,061

Middle-Earners Revenue

Occupancy

50%

Middle-Earners Occupancy

Home Value

$377,110

Median Home Sale Price

Top Earners

$42,175

Top-Earners Revenue

Ten Sleep

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Ten Sleep.

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C

Challenging to Investors

Ten Sleep Regulations

No clear Ten‑Sleep ordinance, permitting details, caps, or enforcement rules are available, so legality and compliance costs are uncertain—creating high regulatory risk that makes the market challenging for investors.

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About Ten Sleep

Ten Sleep is a tiny high-plains town in Washakie County, Wyoming, with a population of only a couple hundred people, tucked into a narrow valley where Nowood River meets Tensleep Creek at the foot of the Bighorn Mountains. The town has the quiet, outdoorsy character of a rural ranching community that doubles as a launch pad for recreation, and it is best known as a gateway to the Bighorn National Forest and its surrounding wilderness. It sits about 40 miles southwest of Buffalo and roughly 35 miles east of Worland, with the larger city of Billings, Montana, lying about 150 miles to the north and Casper, Wyoming, about 130 miles to the southeast.

Just east of town, the Bighorn National Forest rises from the prairie into a sprawling alpine landscape of pine forests, glacial lakes, and granite peaks, offering some of the most accessible mountain scenery in northern Wyoming. The forest's Cloud Peak Wilderness preserves the highest summits in the Bighorn Range and attracts backpackers, anglers, and wildlife viewers, and the drive from Ten Sleep into the forest's main recreation corridors typically takes about 30 to 60 minutes depending on the destination. Scenic byways like the Cloud Peak Skyway traverse the range, with viewpoints and trailheads that are popular in both summer and winter.

Within the national forest, Meadowlark Ski Area is a small, community-run hill that draws families and beginners for affordable downhill skiing and snowboarding in the colder months, generally about 45 minutes east of Ten Sleep. In warmer seasons, the same roads and trails that serve skiers open up to hikers, horseback riders, and trout fishermen chasing the Bighorns' famously clear streams and high-country lakes, while Ten Sleep Canyon itself has earned a reputation as one of the better rock-climbing destinations in the Rockies, with routes visible right from the highway.

The town itself anchors regional events, most notably the annual Ten Sleep Rodeo, a long-running summer tradition that draws visitors from across the region and fills local campgrounds, cabins, and vacation rentals during rodeo week. Combined with proximity to the Bighorn backcountry and the small-town pace of the Bighorn Basin, Ten Sleep offers short-term rental owners a steady seasonal mix of rodeo-goers, hunters in the fall, and outdoor travelers seeking a quieter, less commercialized base than Wyoming's bigger national-park gateways.

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