Rentometer, Inc. | Data as of 10/23/2025
Cheyenne, the vibrant capital of Wyoming, blends historic western charm with modern amenities, making its metro area a desirable place to call home. Residents enjoy easy access to the iconic Wyoming State Capitol, the lively downtown arts district, and expansive outdoor spaces like Curt Gowdy State Park and the Cheyenne River Trails. The city’s strong employment base, anchored by government, healthcare, and transportation sectors, supports a stable rental market that appeals to young professionals, families, and retirees alike.
The rental landscape in Cheyenne offers a balanced mix of apartments and single‑family homes across a variety of neighborhoods. One‑bedroom apartments typically rent in the low $1300s, while two‑bedroom units are often found in the mid‑$1400s, reflecting a competitive yet affordable market for renters seeking convenience near downtown or the historic district of South Cheyenne. Larger apartments and four‑plus bedroom options hover around the $1350 range, providing flexibility for shared living situations. For those preferring a house, one‑bedroom rentals fall in the $1200s, two‑bedroom homes in the $1450s, and three‑bedroom properties trend near the $2000 range, with spacious four‑plus bedroom houses reaching the $2300 range. Popular residential areas such as the Crestview Parkway corridor, the family‑friendly Laramie River neighborhoods, and the newly revitalized Airport Road district cater to diverse lifestyle needs.
Whether you’re searching for a sleek downtown loft, a quiet suburban house, or a pet‑friendly community near schools and parks, Cheyenne’s rental market delivers variety and value. The city’s blend of cultural attractions, outdoor recreation, and a welcoming community creates an appealing environment for renters seeking both comfort and convenience in Wyoming’s capital metro area.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,300 | $1,250 | $630 - $2,750 | $990 - $1,551 |
| Apartment | 2 Bedroom | $1,429 | $1,250 | $860 - $3,900 | $1,070 - $1,549 |
| Apartment | 3 Bedroom | $1,309 | $1,165 | $987 - $2,031 | $1,033 - $1,650 |
| Apartment | 4+ Bedroom | $1,338 | $1,350 | $1,162 - $1,504 | $1,162 - $1,504 |
| House | 1 Bedroom | $1,196 | $1,100 | $750 - $2,400 | $1,025 - $1,200 |
| House | 2 Bedroom | $1,453 | $1,360 | $900 - $2,500 | $1,100 - $1,700 |
| House | 3 Bedroom | $1,993 | $1,900 | $1,030 - $3,095 | $1,700 - $2,300 |
| House | 4+ Bedroom | $2,333 | $2,250 | $1,500 - $4,000 | $2,000 - $2,500 |
In the current period, the average rent in Cheyenne, WY was
$1,260 for 1 Bedroom,
$1,445 for 2 Bedroom,
$1,912 for 3 Bedroom, and
$2,262 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.