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Buffalo, WY Home for Rent

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    $10,000 Per Month

    • 4 Beds
    • 3 Baths
    • 1,992 Sq Ft
    • House for Rent

    15 Waterfront Place, Buffalo, WY 82834

    Rare Lake DeSmet waterfront lease! It takes about 90 seconds for renters to say ''this is it.'' Once the lake view catches your eye, you will be ready to move in. Experience Wyoming Lake living at its finest in this exceptional custom home perfectly positioned along the shores of Lake DeSmet. Designed to capture stunning water views, the home features an open floor plan filled with natural light,

    Mark Wilson REMAX ELEVATION

    15 Waterfront Place, Buffalo, WY 82834

Why Live in Buffalo

Buffalo, WY, is a rural town in Johnson County, nestled at the base of the Bighorn Mountains. The area offers stunning mountain views and ample outdoor recreation, including fishing, hiking, and camping. Buffalo's charming downtown district features historic storefronts and a close-knit community atmosphere, with local businesses such as Wyoming in Color and Main Street Diner adding to its appeal. The town is located approximately 35 miles south of Sheridan and has easy access to Interstates 25 and 90. Buffalo is known for its century-old cottages and ranch-style homes, with newer builds in the Preserve at Fort McKinney subdivision showcasing craftsman and modern-traditional styles. The crime rate in Buffalo is lower than the national average, making it a safer place to live. Meadowlark Elementary School and Clear Creek Middle School are highly rated, providing quality education for younger residents. Buffalo High School offers career and technical education courses and partners with Sheridan College for concurrent enrollment options. For things to do, Washington Park offers a roller hockey rink, tennis courts, a playground, and a community swimming pool, while the Clear Creek Trail System provides extensive walking and biking paths. The Buffalo Golf Club features an 18-hole public course and a restaurant. Buffalo's proximity to the Bighorn Mountain Range allows easy access to numerous hiking and camping areas, including Grouse Mountain Trail and Circle Park Campground. The nearest major airport is Billings-Logan International, located around 165 miles northwest.

Frequently Asked Questions

How much does it cost to rent a home in Buffalo, WY?
The median rent for a home in Buffalo, WY is $1,200 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Buffalo, WY?
To comfortably afford the median rent in Buffalo, WY, a household needs to earn roughly $48,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,200 per month in Buffalo, WY, renters typically need to show $3,600 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,200
Median Condo Rent
$1,200
How to Rent a Home