Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cheyenne area can be challenging. Home prices in Cheyenne are now at a median cost of $132,625, lower than the Oklahoma average of $161,319.
The average cost of rent is $620/mo in Cheyenne, primarily driven by the current value of real estate in the Cheyenne area. While nearly 62.72% of residents own their homes outright in Cheyenne, 27.36% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cheyenne is $4,256 per month. Households that rent pay about 14.56% of their income on rent here. Cheyenne's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Strong City, OK: higher priced homes
- Dempsey, OK: equally priced homes
- Roll, OK: higher priced homes
- Reydon, OK: higher priced homes
- Moorewood, OK: higher priced homes
- Herring, OK: equally priced homes
- Hammon, OK: equally priced homes
- Allison, TX: higher priced homes
- Butler, OK: less expensive homes
- Briscoe, TX: higher priced homes
Cities with Similar Populations
- Teton, ID: higher priced homes
- Coleman, FL: higher priced homes
- Comstock, WI: higher priced homes
- Concord, AR: less expensive homes
- Cool Springs, NC: higher priced homes
- Cragford, AL: less expensive homes
- Dale, OK: higher priced homes
- Davey, NE: higher priced homes
- Dayton, IA: less expensive homes
- Detroit, AL: less expensive homes
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