Rentometer, Inc. | Data as of 12/04/2025
Cheyenne’s rental market offers a diverse mix of housing options, from historic downtown apartments to spacious family homes in the Highlands and Crosstown neighborhoods. The city’s blend of Western heritage and modern amenities makes it attractive to young professionals, retirees, and growing families alike. Proximity to the Wyoming State Capitol, the vibrant Cheyenne Frontier Days grounds, and easy access to major highways ensures residents enjoy both cultural events and convenient commuting options.
Apartment seekers will find a range of units that typically fall in the $1,300s, with median rents hovering around $1,200 for one‑bedroom layouts and modest increases for larger floor plans. Those looking for detached housing benefit from competitive rates, as three‑bedroom houses command close to $2,000, with median rents near $1,900, and larger homes offering spacious living in well‑established communities such as Rolling Hills and Vista Ridge.
The city’s rental landscape is supported by a steady supply of both apartments and single‑family homes, reflecting Cheyenne’s balanced growth and strong demand for quality housing. With popular attractions like the Cheyenne Botanic Gardens, Terry Bison Ranch, and numerous parks, renters enjoy a lifestyle that combines outdoor recreation with a thriving downtown scene. Whether you’re seeking a compact apartment near the cultural core or a larger house in a tranquil suburb, Cheyenne’s rental market provides flexible options to suit a variety of lifestyles and budgets.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,343 | $1,200 | $630 - $2,750 | $990 - $1,551 |
| Apartment | 2 Bedroom | $1,443 | $1,216 | $860 - $3,900 | $1,070 - $1,710 |
| Apartment | 3 Bedroom | $1,342 | $1,350 | $987 - $2,031 | $990 - $1,650 |
| Apartment | 4+ Bedroom | $1,338 | $1,350 | $1,162 - $1,504 | $1,162 - $1,504 |
| House | 1 Bedroom | $1,216 | $1,100 | $750 - $2,400 | $1,025 - $1,200 |
| House | 2 Bedroom | $1,458 | $1,397 | $900 - $2,500 | $1,100 - $1,700 |
| House | 3 Bedroom | $1,997 | $1,900 | $1,030 - $3,000 | $1,700 - $2,300 |
| House | 4+ Bedroom | $2,336 | $2,295 | $1,550 - $3,800 | $2,095 - $2,495 |
In the current period, the average rent in Cheyenne was
$1,285 for 1 Bedroom,
$1,454 for 2 Bedroom,
$1,933 for 3 Bedroom, and
$2,265 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.