West End Flats
601 W 19th St,
Cheyenne, WY 82001
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Studio - 2 Beds
Rental Market Trends in Cheyenne, WY
What is the average rent in Cheyenne, WY?
$1,193/month
Average Rent
577 Sq Ft
Average Apartment Size
+2.5%
Increase in the Last Year
As of March 2026, the average rent in Cheyenne, WY is $1,193 per month. This is 27% lower than the national average rent of $1,627/month, making renting in Cheyenne more affordable than most cities in the US. When you rent an apartment in Cheyenne, you can expect to pay about $876 per month for a studio, $1,193 for a one-bedroom apartment, and around $1,424 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,616 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Cheyenne, WY?
In the past year, rent has increased by 2.5%, which averages out to $30 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025
2026
Rent Ranges in Cheyenne, WY
Last Updated March 2026
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
20%
Below $700/month
37%
$700 - $1,000/month
23%
$1,001 - $1,500/month
20%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Cheyenne?
Based on current rent prices, Greenmeadow Estates is the most affordable neighborhood in Cheyenne.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Cheyenne?
Based on current rent prices, Greenmeadow Estates is the most expensive neighborhood in Cheyenne.
Neighborhood
Average Rent
Average Sq Ft
Which Cheyenne neighborhoods have the most rentals available?
The neighborhood in Cheyenne with the most apartments available is Greenmeadow Estates .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Cheyenne, WY?
Because the average rent in Cheyenne is $1,193, you’ll want to make about $3,976 per month or $47,712 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Cheyenne, WY is 0.7% higher than the national average. Generally, housing in Cheyenne is 1.4% more expensive than the national average, with rent falling between $876 - $1,616. You can expect to pay 2.1% more for groceries, 4.3% less for utilities, and 3.2% less for transportation.
How does Cheyenne, WY compare to other nearby cities and neighborhoods?
Use the tool below to compare Cheyenne, WY to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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Apartment communities in Cheyenne we think you'll love
Property Management Companies in Cheyenne, WY
Seldin Company
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71
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15,794
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33
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3 Communities in Cheyenne
Stencil Group
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19
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1,998
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14
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2 Communities in Cheyenne
AMC
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625
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125,220
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245
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1 Community in Cheyenne
RAM Partners
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295
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78,523
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169
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
* Percentages may not total 100 due to rounding.