Apartments & Homes for Rent in 82001

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What to Know About

Life in Cheyenne & Beyond

Cheyenne shares many of the great qualities that make Wyoming a desirable place to live.

Wyoming, known as the "Equality State," is a true gem of the western United States. From its stunning landscapes and natural beauty to its rich cultural heritage and thriving economy, Wyoming offers something for everyone. If you're a history buff, you'll love exploring the state's renowned institutions, such as the Wyoming State Museum and the Buffalo Bill Center of the West, where you can learn about Wyoming's past and its unique contributions to the nation's history. If you're looking for higher education, Wyoming offers top universities such as the University of Wyoming, Wyoming Catholic College, and Casper College.

There's no shortage of outdoor recreation opportunities, from skiing and snowboarding at the world-famous Jackson Hole resort to hiking, fishing, and camping in its many state parks and forests. And don't forget famous attractions like the Grand Teton National Park, Yellowstone National Park, the Devil's Tower National Monument, and the historic town of Cody.

Whether you're an outdoor enthusiast, a sports fan, or just looking to experience the unique western lifestyle, Wyoming is the perfect place to call home.

Rental Market Trends

Cheyenne, WY

As of April 2025, Cheyenne's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Cheyenne's average rent is 22.1% ($242) higher than the Wyoming average of $1,093 and 25.8% ($464) lower than the U.S. average of $1,799.

Average Rent
$1,335
Monthly ChangeMonth Over Month Change
Decreased8.7% ($128)
Yearly ChangeYear Over Year Change
Increased20.1% ($223)
Avg. Days on MarketAverage Days on Market
29
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $928 Increased0.8% ($7) Increased8.9% ($76)
2 Beds $1,040 Decreased16.1% ($200) Decreased5.5% ($61)
3 Beds $1,847 Increased5.7% ($100) Increased11.4% ($189)
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Cheyenne Rental Market FAQs

Explore rental prices, market trends, and availability in Cheyenne, WY.

The average rent in Cheyenne, WY is $1,335 per month.
Homes in Cheyenne typically rent for between $650 and $2,401 per month, with an average of $1,335 per month.
In Cheyenne, the average rent for a 1-bedroom home is $928 per month, for a 2-bedroom home, $1,040 per month, and a 3-bedroom home is $1,847 per month.
The average rent in Cheyenne is 25.8% ($464) lower than the national average of $1,799 per month.
The average rent in Cheyenne has decreased by 8.7% ($128) in the last month and increased by 20.1% ($223) over the past year.
The rental market in Cheyenne, WY, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Cheyenne, WY, the average rental stays on the market for approximately 29 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 69 rental properties available in Cheyenne, WY.
Based on the current averages, a household would need an annual income of $41,600 to comfortably afford a 2-bedroom home in Cheyenne.
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