Affordable Housing

The Affordable Housing Program has income and asset limits and requires that at least one member of a household works full-time in Teton County for a minimum of one year. Our definition of "full time" is at least 1560 hours per year (an average of 30 hours/week). To be eligible for our rentals, you must be in the 0% - 120% Median Family Income range for your household size.  Years and hours worked must be provable via a current or previous employment affidavit.  Watch the video above to learn more.

Restriction Key Points

  • must be in the 0% - 120% Median Family Income range for your household size
  • Must be below the asset limit for your household size
  • Limited Appreciation
  • Weighted Drawing Sales & Rental Process for homes managed by the Housing Department
  • Must work full-time in Teton County, Wyoming (1,560 hours per year) for a minimum of one year
  • Must Occupy the home 10 months out of each calendar year
  • May not rent the home or a room
  • Must provide proof of full-time employment annually (For units built or sold after July 4, 2018)
  • Must be a U.S. Citizen or Lawful Permanent Resident (hold a Green Card) for Ownership

Affordable Housing Income Ranges

Affordable homes are priced or rented based on income ranges. Below is a chart with approximate sales prices and rental rates.

Income RangePurchase PriceRental Rates
0 - 50%Rental Only$500 - $650
50% - 80%$123,000 - $186,000$850 - $1,450
80% - 120%$189,000 - $285,000$1,300 - $1,800