Affordable Homes

Affordable ownership 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 income range, number of bedrooms, the age of the home, and amenities, such as a garage.

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

Restriction Key Points

  • Must fit in an income range
  • Must be below an asset limit
  • Limited Appreciation
  • Weighted Drawing Sales Process
  • Must work full-time in Teton County, Wyoming (1,560 hours per calendar 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)

(Link) Eligibility, Qualifying, and Preference