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Average Rent in Cheyenne, WY

By Diana Kowalski ยท Reviewed by James Okafor ยท Updated May 2026
ANNUAL AVG
$20,055
MONTHLY
$1,671
VS NATIONAL
-7%
COST INDEX
95

Direct Answer

Average Rent in Cheyenne, WY averages approximately $20,055/year ($1,671/month) โ€” 7% below the US national average of $21,564. Typical range: $13,036โ€“$29,080 depending on household and provider.

Average Rent Range in Cheyenne

Budget-Conscious
$13,036/yr
~$1,086/mo ยท 35% below average
Typical
$20,055/yr
~$1,671/mo ยท what most households spend
Premium
$29,080/yr
~$2,423/mo ยท 45% above average

How Cheyenne Compares

Cheyenne's rent cost runs $1,509 less per year than the US national average. With a cost-of-living index of 95, Cheyenne is positioned in the middle of US cost rankings, with average rent tracking close to national pricing.

โ„น More expensive nearby: Boulder, CO (81 mi) costs more โ€” index 145.

Average Rent in Top US Cities (Annual)

CityCost IndexAnnual Avgvs. National
Cheyenne, WY This page95$20,055-7%
New York, NY187$47,829+122%
Los Angeles, CA166$41,489+92%
Chicago, IL107$23,677+10%
Houston, TX96$20,356-6%
Phoenix, AZ103$22,470+4%
View all 300+ cities ranked by rent cost โ†’

How to Save on Average Rent in Cheyenne

1

Shop providers annually โ€” rent cost pricing in Cheyenne varies meaningfully between vendors; getting 3 quotes typically saves 10-25%.

2

Consider neighboring zip codes โ€” even within WY, rent cost can vary substantially by area.

3

Time purchases strategically โ€” off-peak periods see lower demand and better pricing for rent cost.

4

Bundle services where possible โ€” many providers in Cheyenne discount combined services 10-20%.

5

Use city-specific assistance programs โ€” Cheyenne and WY may offer income-based reductions for rent cost; check with local consumer-affairs offices.

Other Costs in Cheyenne

See how other major expenses look in Cheyenne, WY.

See the full Cheyenne cost-of-living profile โ†’

Cheyenne Average Rent โ€” FAQ

What is the average rent cost in Cheyenne, WY?

The average rent cost in Cheyenne, WY is approximately $20,055 per year ($1,671/month), based on a cost-of-living index of 95 applied to the national baseline of $21,564.

Is average rent expensive in Cheyenne?

No โ€” rent cost in Cheyenne runs about 7% below the US national average, helped by a city-wide cost index of 95. The annual cost is roughly $1,509 less than the national figure.

How much does rent cost cost per month in Cheyenne?

Monthly rent cost in Cheyenne averages about $1,671. Households typically see $1,086โ€“$2,423 per month depending on size, provider choice, and lifestyle.

What drives rent cost differences between cities?

Average Rent pricing tracks local labor markets, commercial real-estate costs, and regulatory environments. Cities with higher overall cost-of-living indices (like 95 for Cheyenne) systematically see higher service prices. Local competition, climate, and demand-supply balance also play significant roles.