Laramie County Homes under $500,000

Laramie County Homes under $500,000

Welcome to Laramie County, Wyoming, where the charm of the West meets modern living! Nestled in the southeastern corner of the state, Laramie County is home to the vibrant city of Cheyenne, the capital of Wyoming. Known for its rich history and friendly atmosphere, Cheyenne offers a unique blend of small-town warmth and big-city amenities.

As you explore Laramie County, you'll discover a diverse range of homes that cater to various lifestyles and budgets. If you’re in the market for a home under $500,000, you’re in luck! This region boasts a selection of charming properties that provide excellent value without compromising on quality. From cozy single-family homes to modern townhouses, there’s something here for everyone.

Imagine waking up in a beautifully designed home with stunning mountain views and easy access to outdoor adventures. Laramie County is renowned for its breathtaking landscapes, including the nearby Laramie Mountains and vast open spaces perfect for hiking, biking, and horseback riding. Additionally, the city’s rich cultural scene, highlighted by the Cheyenne Frontier Days and numerous local festivals, ensures there’s always something exciting happening.

With a strong sense of community and a commitment to quality living, Laramie County is an ideal place to call home. Whether you’re a first-time buyer or looking to downsize, the homes available under $500,000 offer a fantastic opportunity to invest in your future. Discover the perfect blend of affordability, comfort, and charm in Laramie County today!

Newest Laramie County Homes under $500,000

815 E 5th St Street, Cheyenne
$219,000
2 Beds ⋅ 20264883 MLS
Step inside this charming home and fall in love with the beautiful updates throughout! Gorgeous refinished hardwood floors highlight the main level, while the kitchen features brand-new luxury vinyl plank flooring for a fresh, updated look. The bathroom has been beautifully refreshed with new tile and a large luxury shower. Downstairs, the bedroom features brand-new carpet, creating a comfortable and cozy space. The updates continue outside with brand-new siding and new windows, giving the home a fresh look while adding to its efficiency and appeal. A new roof is also scheduled to be installed shortly, providing even more value and peace of mind for the next owner. Enjoy the partially fenced yard surrounded by mature bushes that provide added privacy and a peaceful setting. Located less than a block from Hebard Elementary School, this home offers a convenient location with plenty of charm. With so many recent improvements inside and out, this home is ready for its new owner to move in, make it their own, and fall in love!

815 E 5th St Street, Cheyenne
1602 Summerset Drive, Cheyenne
$488,000
4 Beds ⋅ 20264837 MLS
POV: Your busiest days somehow feel a little easier here. Welcome to 1602 Summerset Dr., a darling two-story home tucked into Sun Valley with four bedrooms upstairs, giving everyone their own space while keeping the everyday workings of the home together. Start your morning on the covered porch with your coffee while the neighborhood comes alive around you. The location is tucked away and comfortable, yet conveniently close to the neighborhood elementary school, fields, activities, shopping, dining, and groceries. Inside, the main level gives you the flexibility real life requires, with separate living spaces, a formal dining room, a cozy fireplace, and a kitchen with beautiful granite countertops. There is room for everyone to gather, spread out, bring a plus one, or even accommodate the emotional support cat. Upstairs, all four bedrooms are together, creating a comfortable retreat away from the main living spaces. The primary bedroom offers its own ensuite—perfect for those moments when you need to shut the door, take a phone call, and pretend the chaos doesn't exist for five minutes. The laundry is conveniently located where you'll spend your time managing the workings of the home, and the unfinished basement gives you even more room to dream. With plumbing already in place for another bathroom, the possibilities include additional bedrooms, a living area, recreation space, or whatever your version of finished looks like. Thoughtful improvements make everyday living even more comfortable, including brand-new LVP flooring, brand-new carpet with extra padding, newer appliances with warranties, a new furnace, and a new tankless hot water system. Central air conditioning adds even more comfort. Outside, the tiered yard is manageable and ready for its next chapter, with a brand-new shed providing additional storage. This isn't just a house designed to look good. It's a home designed around the way people actually live—with space to gather, space to escape, and room to make it completely your own.

1602 Summerset Drive, Cheyenne
1925 E 19th St Street, Cheyenne
$310,000
3 Beds ⋅ 20264756 MLS
?? Looking for your own sanctuary within the city limits? This could be your new home! With a fully fenced yard and mature trees, this property feels like your own private oasis right in the middle of town. It perfectly combines the charm and character of an older home with thoughtful upgrades that make everyday living more comfortable. Step inside to beautiful hardwood floors throughout the main living space, leading to two generously sized bedrooms with plenty of room to relax and spread out. Central heat and air conditioning will keep you comfortable year-round. Downstairs, you’ll find a large family room and an additional bedroom, giving you extra space for entertaining, family time, a home office, or an amazing amount of storage. ?? Need a large garage? You’ll love the tall, oversized garage with an oversized automatic garage door—perfect for larger vehicles, projects, toys, or additional storage. Add in the private yard, mature landscaping, spacious rooms, and comfortable living areas, and this is truly a home you need to see to appreciate. ? Come check out this hidden city oasis today!

1925 E 19th St Street, Cheyenne
110 E 27th Street, Cheyenne
$350,000
5 Beds ⋅ 20264724 MLS
POV: You found your little piece of historic Cheyenne — right in the middle of it all. You wake up in a home with original hardwood floors beneath your feet, beautiful wood trim framing the doorways, solid wood doors, and the kind of character that only comes from a house that's been part of Cheyenne for generations. And while the character is still here, some of the big-ticket updates have already been taken care of — including a newer roof, central air, an updated furnace, and egress windows that bring additional function and natural light to the lower level. Outside, your fenced backyard isn't just a yard. It's a little farmhouse tucked into the city. You've got a big garden, drip irrigation, chickens, ducks, and space to actually enjoy being outside. Grab your coffee, check on the garden, let the animals do their thing, and then head back inside through the sunroom that just might become your favorite room in the house. Need to get some laundry done? You've got options. There's a laundry area right in the main-level mudroom, plus another laundry area in the basement — because sometimes versatility matters more than perfection. Need bedrooms? You've got five. Need a home office? You've got options. Need space for family? You've got it. Want a little separation between living spaces? The basement gives you room to dream. Want to be close to everything? You're already there. This home sits in the Central Triad, surrounded by the narrow historic streets of old Cheyenne. The Capitol, downtown, restaurants, events, and the everyday hustle and bustle are all close by. During Frontier Days, the parade comes right through the neighborhood — giving you a front-row connection to one of the things that makes Cheyenne, well… Cheyenne. And then there's the garage — an oversized one-car space with the charm and character of what appears to have once been a carriage house. Inside, you'll find central air for modern comfort, a fireplace for cozy evenings, a more updated kitchen for everyday life, and that dreamy sunroom for slow mornings. Downstairs is unfinished and includes a bathroom area with a toilet and shower. It's definitely a project, and we're not pretending it's finished — but that's also where some of the opportunity lives. Because this isn't a perfectly polished, cookie-cutter, turn-key house. It's a house with history, space, personality, important updates, and possibilities. Maybe you make it your forever home. Maybe the five bedrooms give your family the space you've been searching for. Maybe you create multiple home offices, accommodate multiple generations, or explore its potential as an Airbnb, subject to applicable rules and approvals. At $350,000, this is an opportunity to own a genuinely unique piece of historic Cheyenne without leaving the city behind. A little rough around the edges. A whole lot of character. Some important updates already done. And plenty of room to make it your own. Come see what you could make of it.

110 E 27th Street, Cheyenne
609 Little Valley Trail Trail, Cheyenne
$106,900
3 Beds ⋅ 20264714 MLS
Hot off the presses! This beautiful single-wide home features 3 bedrooms, 2 bathrooms, a large fenced yard (already approved by Park), and a 10x12 storage shed for all your extras. Live comfortably with central heat and air, open-concept living spaces, and spacious rooms throughout. The primary bedroom offers plenty of space for all your furniture along with a walk-in closet. Relax in the luxurious primary bathroom featuring a soaker tub and separate shower. Picture yourself entertaining friends on the gorgeous deck and brick patio while enjoying a summer BBQ. The spacious fenced yard is perfect for pets, kids, sprinklers, and all the fun outdoor toys with plenty of room to spread out. Need space for lawn darts or backyard games? You’ve got it here! And yes, the hail may have done a number on the roof — but that means you benefit from a brand-new Class 4, 130 mph wind-rated roof for added peace of mind. Don’t miss out on this beauty! Park rules and regulations apply, so give us a call, schedule your tour, fall in love, and get approved to occupy today!

609 Little Valley Trail Trail, Cheyenne
1240 Madison Ave Avenue, Cheyenne
$409,000
3 Beds ⋅ 20264713 MLS
Space, comfort, updates, and an incredible amount of garage space! Welcome to 1240 Madison Ave, a charming 3-bedroom, 2-bathroom home offering a comfortable layout with thoughtful updates and plenty of room to enjoy both inside and out. Step into a beautiful living room that creates a warm and inviting space for relaxing or entertaining, along with a upscale kitchen and convenient eat-in dining area. The home features one full bathroom and one 3/4 bathroom, central air conditioning, and forced-air heating for year-round comfort. Inside, you’ll appreciate the main-level and lower-level carpeting, only two years old and in excellent condition, along with newer windows that add to the home's comfort and appeal. The furnace has been recently serviced, offering added peace of mind, while the roof was replaced approximately five years ago, leaving plenty of useful life ahead. Outside, the large fenced-in backyard provides plenty of space for pets, entertaining, gardening, or enjoying the outdoors. And if garage space is on your wish list, this property delivers in a big way! An attached 1-car garage and detached 3-car garage provide four garage spaces with plenty of room for vehicles, storage, hobbies, or projects. With its inviting living spaces, recent improvements, spacious yard, and exceptional garage setup, 1240 Madison Ave is a property that offers both comfort and practicality and is ready for its next owner!

1240 Madison Ave Avenue, Cheyenne
4202 & 4204 Cheyenne Street, Cheyenne
$375,000
20264425 MLS
Discover an investment opportunity in a great location! Situated on a spacious 1-acre lot just off the bustling Pershing Blvd and College Drive intersection, this well-positioned triplex offers both immediate income and exciting future potential. The property features a side-by-side duplex, each unit offering 2 bedrooms and 1 bath with fenced yards. In addition, a second structure provides a 3-bedroom, 2-bath with a large master suite, perfect for larger households or extra rental income. With room to expand or enhance, this property opens the door to even greater returns. Currently fully rented, the property delivers reliable cash flow from day one. Even better, all leases are month-to-month, giving a new owner valuable flexibility. Continue operating as an income producing asset, adjust rents to market rates, or explore redevelopment opportunities. With its prime location near major traffic corridors, strong rental appeal, and expansion possibilities, this property is ideal for investors looking to grow their portfolio or owner-operators seeking versatility.

4202 & 4204 Cheyenne Street, Cheyenne
4902 Nimmo Road, Cheyenne
$369,000
4 Beds ⋅ 20264361 MLS
Room to Live, Space to Grow & a Location That Just Makes Sense Imagine starting the day in a home where everyone has room to spread out, gather together, and settle into their own space. With approximately 1,075 square feet on each of the main and basement levels, this classic North Cheyenne rancher offers something that can be hard to find in this area: genuine space without giving up a convenient location. The main level flows beautifully for everyday living, with generous living spaces, hardwood floors, a more updated kitchen, comfortable bedrooms, and central air conditioning to keep things comfortable through every season. The brick exterior adds timeless character while providing an additional layer of insulation, and the attached two-car garage gives you even more functional space. Downstairs, the possibilities really open up. The basement is divided into multiple spaces, including two additional room areas that are non-conforming, giving you flexibility for hobbies, offices, guests, storage, recreation, or whatever your household needs. For those looking for room for a larger household or multigenerational living, the amount of usable space here creates options that are increasingly difficult to find at this price point. Step outside and the space continues. The oversized, fenced yard gives you room for pets, gardening, play, entertaining, or simply enjoying a little breathing room. And then there is the location. Tucked along a quiet, low-traffic road with limited neighborhood access, this home gives you that rare combination of close to everything without feeling like you're in the middle of everything. You can get to Dell Range, shopping, restaurants, services, and the rest of North Cheyenne quickly, while the neighborhood itself feels tucked away and peaceful. You see the convenience nearby, but you don't have the constant traffic and hustle running past your front door. The location is also convenient to Hobbs Elementary School, known for its bilingual programming that introduces students to Spanish at an early age, as well as the newer Coyote Ridge Elementary School serving older elementary grades. This home isn't pretending to be brand new — and that's part of the opportunity. The current owners have already made thoughtful updates, while leaving room for the next owner to put their own ideas into action. There is space to make it your own, contractors and local resources are available when needed, and the foundation is here for someone ready to roll up their sleeves and create something special. If you've been looking for an affordable home that gives you more room inside, more room outside, and more possibilities than the typical home in this price range, 4902 Nimmo Road deserves a look.

4902 Nimmo Road, Cheyenne
100 Tampa Ct., Cheyenne
$460,000
20261132 MLS
Sun Valley Duplex – Live In One, Earn From the Other Discover the perfect blend of comfortable living and smart investing with this well-maintained Sun Valley duplex offering exceptional space, flexibility, and income potential. Situated on a desirable corner lot, this professionally managed property is ideal for investors seeking steady rental income or homeowners looking to offset their mortgage. Unit 1 spans the main level and basement, offering nearly 2,400 square feet of living space with 3 bedrooms, 2 bathrooms, and a private 1-stall garage. The expansive layout provides room to spread out, with the added benefit of a finished lower level—perfect for additional living space, entertainment, or storage. Unit 2 occupies the entire second floor and features nearly 1,200 square feet, including 2 bedrooms, 1 bathroom, and its own 1-stall garage. With a comfortable and functional layout, this unit is ideal for tenants or extended family. The property sits on a corner lot in a cul-de-sac with a fenced backyard, offering privacy and outdoor space for relaxation, pets, or entertaining. With professional management already in place, this duplex presents a turnkey opportunity for investors or an easy transition for owner-occupants. Whether you're looking to generate reliable rental income, house hack by living in one unit while renting the other, or expand your real estate portfolio, this Sun Valley duplex delivers space, flexibility, and long-term value

100 Tampa Ct., Cheyenne
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