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 $247,511, lower than the Wyoming average of $294,307.
The average cost of rent is $1,044/mo in Cheyenne, primarily driven by the current value of real estate in the Cheyenne area. While nearly 32.27% of residents own their homes outright in Cheyenne, 28.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cheyenne is $6,053 per month. Households that rent pay about 17.25% of their income on rent here. Cheyenne's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Ranchettes, WY: higher priced homes
- Fe Warren Afb, WY: equally priced homes
- Warren Air Force Base, WY: higher priced homes
- Orchard Valley, WY: higher priced homes
- Hillsdale, WY: higher priced homes
- Granite Canon, WY: higher priced homes
- Burns, WY: higher priced homes
- Carpenter, WY: higher priced homes
- Carr, CO: higher priced homes
- Norfolk, CO: higher priced homes
Cities with Similar Populations
- Santa Cruz, CA: higher priced homes
- Sarasota, FL: higher priced homes
- Silver Spring, MD: higher priced homes
- San Mateo, CA: higher priced homes
- Seattle, WA: higher priced homes
- San Marcos, TX: less expensive homes
- Shreveport, LA: less expensive homes
- San Pedro, CA: higher priced homes
- Sandy Springs, GA: higher priced homes
- Santa Barbara, CA: higher priced homes
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