Average Rent in Cheyenne, WY

Cheyenne rentals average $1,723 for a 1-bedroom rental to $10,027 for a 4-bedroom rental. The median price of all currently available listings is $1,850, or roughly $22 per square feet.

For the apartment units and housing in July 2026, median rents have risen substantially over the last year. Studio rentals prices have decreased by $14,865 (-95.97%) year-over-year from $15,490 to $625. 1-bedroom rentals prices have increased by $735 (74.43%) year-over-year from $988 to $1,723. 2-bedroom rentals prices have increased by $738 (65.12%) year-over-year from $1,134 to $1,873. 3-bedroom rentals prices have increased by $34 (2.52%) year-over-year from $1,366 to $1,400. 4-bedroom rentals prices have increased by $4,505 (81.59%) year-over-year from $5,522 to $10,027. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone up by 4.79% this month. 2-bedroom rents have gone down by 1.62% this month. 3-bedroom rents have gone down by 6.61% this month. 4-bedroom rents have gone up by 1.38% this month.