What's the average rent in Cheyenne, WY?

Rental Market Trends in Cheyenne, WY

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Cheyenne, WY is $1,600 per month, which is 19% lower than the national average rent of $1,965 per month.

AVERAGE RENT

$1,600
6.7%
$100 increase month-over-month
26.7%
$338 increase year-over-year

AVAILABLE RENTALS

205

APARTMENTS

$1,262

HOUSES

$2,435

TOWNHOUSES

$1,825
As of August 2026, apartments are the most affordable rental option in Cheyenne, WY at $1,262 per month, while houses are the most expensive at $2,435 per month. Townhomes average $1,825 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,000
2 Bedrooms$1,450
3 Bedrooms$2,100
4 Bedrooms$2,300
All$1,600
As of August 2026, the average rent for a 1 bedroom rental in Cheyenne, WY is $1,000 per month, followed by $1,450 for a 2 bedroom rental, $2,100 for a 3 bedroom rental, and $2,300 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has increased by +18% compared to the previous year, which is a +$240 increase.
This year (2026)
Last year (2025)

Rent distribution

44% of rentals have rent of $800-$1,499/month

Rental price range

The price range for rentals is $600 to $4,500.
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