Affordable Homes

Affordable housing is located throughout the valley in Wilson, Melody Ranch, Teton Village, Jackson Hole Golf and Tennis, and in Town. It includes single-family homes, town homes, and condominiums. Home prices range, depending on the home’s category, number of bedrooms, the age of the home, and amenities, such as a garage.

Affordable Housing Categories

Affordable homes are priced based on income categories. Most affordable homes are in Categories 1, 2, and 3, but there are also opportunities in Categories 4 and 5. Generally, home prices fall within the following ranges:

  • Category 1: $100,000 – $180,000
  • Category 2: $175,000 – $220,000
  • Category 3: $180,000 – $275,000
  • Category 4: $310,000 – $353,000
  • Category 5: $335,000 – $405,000
  • Category 6: $344,000 – $491,000

Restriction Key Points

  • Must fit in an income range
  • Must be below an asset limit
  • Categories 1 - 5
  • Limited Appreciation
  • Lottery Sales Process
  • Must work full-time in Teton County, Wyoming
  • Must Occupy the home 10 months out of each calendar year
  • May not rent the home or a room
  • Must be a U.S. Citizen or Lawful Permanent Resident (hold a Green Card)

(Link) Eligibility, Qualifying, and Preference