Refinance or buy a home with a low 3.5% down payment! Get Started Now ➔ Logo Cheyenne Fair Market Rent FY 2015 Cheyenne, WY MSA Rental Data

Fair Market Rent Prices in Cheyenne, WY :
$519 $590 $798 $1,094 $1,282
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Cheyenne are high compared to the national average. This FMR area is more expensive than 84% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Cheyenne is $798 per month.

The previous year, rent for a two-bedroom home was $789 per month. This is a 1.14% increase year-over-year.

This FMR rate applies to Albin, WY, Hillsdale, WY, Horse Creek, WY, Meriden, WY, Fe Warren Afb, WY, Carpenter, WY, Burns, WY, Pine Bluffs, WY, Cheyenne, WY and other cities within the region. The Metro Code or CBSA code for this region is METRO16940M16940.

Additionally, This Fair Market Rent (FMR) area Cheyenne, WY MSA spans one county or city in Wyoming which is listed in the table below. Estimated population of Cheyenne, WY MSA FMR area is 91,738 people based on latest Census data.

Compared to the rest of Wyoming, the Cheyenne FMR area is more expensive than 75% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Cheyenne. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Cheyenne

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 521
1-BR 1-Bedroom $ 592
2-BR 2-Bedroom $ 801
3-BR 3-Bedroom $ 1098
4-BR 4-Bedroom $ 1287
Change Year:

There is just one county (listed below) within the Cheyenne, WY MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Cheyenne - Scottsbluf.

County / Region Est. Population
Laramie County, WY Metro 91,738
Zip Codes in Cheyenne, WY MSA

There are 14 unique zip codes in this Fair Market Rent (FMR) area:

82001, 82002, 82003, 82005, 82007, 82009, 82010, 82050, 82053, 82054, 82060, 82061, 82081 and 82082

Lookup Fair Market Rent by Zip Code
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