Ranchester, a charming town located northeast of Sheridan, Wyoming, is known for its picturesque landscapes, strong sense of community, and easy access to outdoor activities. With a population of just over 1,000 residents, Ranchester offers a peaceful lifestyle alongside the stunning beauty of the Bighorn Mountains. This article explores the best residential areas in Ranchester, detailing their characteristics, housing options, and average prices.
Table of Contents
Downtown Ranchester

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Downtown Ranchester serves as the social and commercial hub of the town, featuring quaint shops and local eateries. It's an ideal area for those seeking a vibrant community atmosphere.
Characteristics of the Downtown Ranchester
* Culture: Rich local history and community events
* Transportation: Easily walkable with basic public transport options
* Services: Grocery stores, cafes, post office, and local parks
* Environment: Lively and friendly
Housing Options in the Downtown Ranchester
Historical homes, Apartments, Single-family homes
Average Home Prices in the Downtown Ranchester
* Buying: $250,000 – $300,000
* Renting: $1,200 – $1,500/month
Ranchester Heights

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Ranchester Heights is a newer residential area characterized by spacious lots and modern homes. Families appreciate the quiet atmosphere and proximity to schools.
Characteristics of the Ranchester Heights
* Culture: Family-oriented with community gatherings
* Transportation: Car required for most errands
* Services: Elementary school and parks nearby, limited shopping
* Environment: Suburban and peaceful
Housing Options in the Ranchester Heights
Single-family homes, Townhouses
Average Home Prices in the Ranchester Heights
* Buying: $280,000 – $350,000
* Renting: $1,400 – $1,700/month
North Ranchester

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North Ranchester offers a more rural setting with large properties and agricultural land. Ideal for those wanting space and a connection to nature.
Characteristics of the North Ranchester
* Culture: Agricultural lifestyle and close-knit community
* Transportation: Car essential, very limited public transport
* Services: Basic amenities, local farms, and markets
* Environment: Rural and serene
Housing Options in the North Ranchester
Farmhouses, Large single-family homes, Land for purchase
Average Home Prices in the North Ranchester
* Buying: $250,000 – $400,000
* Renting: $1,000 – $1,300/month
Bighorn Ridge

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Bighorn Ridge is known for its stunning views of the Bighorn Mountains and offers a blend of luxury and nature. It's a popular choice for those who enjoy outdoor activities.
Characteristics of the Bighorn Ridge
* Culture: Outdoor and nature-focused lifestyle
* Transportation: Car necessary, close to hiking and biking trails
* Services: Limited, though close to Sheridan for shopping
* Environment: Picturesque and tranquil
Housing Options in the Bighorn Ridge
Custom-built homes, Luxury estates
Average Home Prices in the Bighorn Ridge
* Buying: $350,000 – $500,000
* Renting: $1,800 – $2,300/month
East Ranchester Area

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The East Ranchester area features a mix of residential options and offers close proximity to parks and recreational opportunities, making it great for families.
Characteristics of the East Ranchester Area
* Culture: Family-friendly with community parks
* Transportation: Car recommended, walking paths available
* Services: Parks, local shops, and schools nearby
* Environment: Active and welcoming
Housing Options in the East Ranchester Area
Single-family homes, Duplexes
Average Home Prices in the East Ranchester Area
* Buying: $220,000 – $290,000
* Renting: $1,100 – $1,400/month
Ranchester Lake Area

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The Ranchester Lake area provides a scenic and relaxing environment, perfect for those who enjoy water activities and peace in nature.
Characteristics of the Ranchester Lake Area
* Culture: Water activities and lakeside community events
* Transportation: Car necessary, limited public transport
* Services: Lake access, picnic areas, and nature trails
* Environment: Serene and recreational
Housing Options in the Ranchester Lake Area
Cabins, Lakefront properties, Single-family homes
Average Home Prices in the Ranchester Lake Area
* Buying: $300,000 – $450,000
* Renting: $1,500 – $2,000/month
Frequently Asked Questions About the Best Residential Areas in Ranchester:
The best residential areas in Ranchester include Downtown Ranchester, Ranchester Heights, North Ranchester, Bighorn Ridge, East Ranchester Area, and Ranchester Lake Area.
Ranchester Heights and East Ranchester Area are particularly family-friendly due to their proximity to schools and parks.
The average home price in Ranchester ranges from around $220,000 to $500,000 depending on the area and type of property.
Yes, Ranchester offers various rental options ranging from single-family homes to apartments, with prices typically between $1,000 and $2,300 per month.
Ranchester provides ample outdoor activities including hiking, fishing, and various water sports at nearby Ranchester Lake.
Ranchester boasts a warm and friendly community atmosphere, with many local events and gatherings that foster a close-knit environment.
Commute to Sheridan from Ranchester is typically about 20 minutes by car, making it convenient for residents working in Sheridan.
Yes, Ranchester has an elementary school and is served by nearby Sheridan for secondary education options.
North Ranchester features rural properties including farmhouses and large single-family homes, ideal for those looking for space.
Ranchester is considered a safe place for families, with a low crime rate and a supportive community.
Conclusion on the Best Residential Areas in Ranchester:
Ranchester, WY, offers a variety of residential options to suit different lifestyles, from the vibrant atmosphere of Downtown Ranchester to the tranquil beauty of the Ranchester Lake area. Each neighborhood possesses distinct charm and advantages, catering to families, outdoor enthusiasts, and those seeking a peaceful rural setting. When selecting the ideal location, prospective residents should consider their priorities, whether that's tight-knit community support, modern amenities, or easy access to nature. Whatever your preference, Ranchester's unique setting and welcoming environment provide a fulfilling living experience.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.