Rentometer, Inc. | Data as of 10/23/2025
Cheyenne’s rental market offers a diverse mix of housing options that cater to both single professionals and growing families. Apartment living is popular in the downtown corridor and near the historic Capitol District, where one‑ and two‑bedroom units typically fall in the $1200‑$1300 and $1200‑$1400 ranges, respectively. Larger apartments with three or more bedrooms remain competitively priced, often landing in the $1250‑$1350 bracket, making them an attractive choice for roommates or small households seeking modern amenities within walking distance of museums, parks, and the vibrant Main Street scene.
Single‑family homes spread throughout neighborhoods such as Fort Lane, South Core, and the scenic West Side provide spacious living for those who prioritize yard space and privacy. One‑bedroom houses generally rent in the $1100‑$1200 range, while two‑bedroom homes tend to be priced around $1300‑$1450. For larger families, three‑bedroom houses commonly reach the $1900‑$2000 range, and premium four‑plus‑bedroom properties often command rates in the $2200‑$2300 spectrum. These homes benefit from proximity to quality schools, shopping centers, and convenient access to I‑80, enhancing both comfort and connectivity.
Overall, Cheyenne’s rental landscape balances affordability with a variety of lifestyle options, whether you’re drawn to the energetic urban core or the quieter residential enclaves. The city’s blend of historic charm, outdoor recreation, and steady economic growth continues to make it a compelling destination for renters seeking a welcoming Western community.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,332 | $1,200 | $630 - $2,750 | $990 - $1,551 |
| Apartment | 2 Bedroom | $1,439 | $1,216 | $860 - $3,900 | $1,070 - $1,710 |
| Apartment | 3 Bedroom | $1,341 | $1,250 | $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 | $1,176 | $1,100 | $750 - $2,400 | $1,025 - $1,150 |
| House | 2 Bedroom | $1,443 | $1,325 | $900 - $2,500 | $1,100 - $1,700 |
| House | 3 Bedroom | $1,992 | $1,900 | $1,030 - $3,000 | $1,700 - $2,295 |
| House | 4+ Bedroom | $2,308 | $2,200 | $1,550 - $3,800 | $2,000 - $2,500 |
In the current period, the average rent in Cheyenne was
$1,269 for 1 Bedroom,
$1,442 for 2 Bedroom,
$1,919 for 3 Bedroom, and
$2,243 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.