True Cost of Renting in Cheyenne

Cheyenne is Wyoming's state capital and largest city, with an economy anchored by the state government, Francis E. Warren Air Force Base (ICBM operations), and growing data center investment driven by low electricity costs and land availability. Rents are among the lowest in the Mountain West, and the combination of no state income tax and low utility costs makes Cheyenne's real cost of living even lower than the rent figures suggest.

Neighborhoods & Average Rents

Downtown Cheyenne

Studio:
$800/mo
1 Bed:
$1,050/mo
2 Bed:
$1,500/mo

Historic downtown near the Wyoming State Capitol and Cheyenne Depot Museum; independent restaurants and western-culture shops. Older apartment buildings with moderate utility costs. Black Hills Energy electric and natural gas. Winter heating at 6,100 ft elevation runs $120–160/mo.

West Cheyenne / Dell Range

1 Bed:
$1,100/mo
2 Bed:
$1,550/mo

Suburban development along Dell Range Boulevard; newer apartment complexes near major retail corridors. Car-dependent. Popular with Warren AFB personnel. Newer construction with better insulation than downtown historic buildings.

Utility Providers

Electric
Black Hills Energy
Water
City of Cheyenne Board of Public Utilities
Internet
Spectrum, Lumen Technologies, T-Mobile Home Internet

Commute & Transportation

I-25 and I-80 intersect at Cheyenne, making it a regional highway crossroads. Warren AFB is on the western edge of the city — military personnel and contractors are significant renters. The State of Wyoming government complex is Downtown. Denver is 100 miles south on I-25 (1.5 hrs) — some Cheyenne residents commute to Denver for higher salaries. Fort Collins, CO is 45 miles south, closer for many employment sectors.

Rental Market Overview

Cheyenne is one of the most affordable state capitals in the US. Black Hills Energy rates are competitive. Wyoming has no state income tax, making the effective cost of living lower than rent figures suggest. Warren AFB BAH rates anchor the military rental market around $1,200–1,500/mo. The data center corridor along I-80 has brought Microsoft, Google, and Amazon facility employment but limited direct residential demand (automated facilities). Renters insurance averages $11–14/month. Wyoming has no state-level rent control, so the affordability described above is a function of the market, not a legal cap. Being just 100 miles from Denver on I-25 means Cheyenne functions partly as an overflow market for Front Range workers priced out of Colorado, a dynamic that shows up in gradually rising rents even though Cheyenne itself has no comparable job growth of its own to explain the increase.

Data last updated: 2026-04

Compare Apartments in Cheyenne

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Renting in Cheyenne: Common Questions

What is the average rent in Cheyenne?
One-bedroom apartments in Cheyenne range from $1,050/month in Downtown Cheyenne to $1,100/month in West Cheyenne / Dell Range. Two-bedroom units range from $1,500 to $1,550/month. These are base rents — add fees, utilities, and amenity costs to get the true all-in monthly cost.
What utilities do I need to set up in Cheyenne?
In Cheyenne, electricity is provided by Black Hills Energy, water by City of Cheyenne Board of Public Utilities, and common internet providers include Spectrum, Lumen Technologies, T-Mobile Home Internet. Ask the leasing office for the specific unit's average monthly bill rather than a city-wide figure — utility costs vary more by building age and insulation than by location within Cheyenne.
What neighborhoods are affordable in Cheyenne?
Downtown Cheyenne is the most affordable of the 2 Cheyenne neighborhoods covered here, at $1,050/month for a one-bedroom — $50 less than West Cheyenne / Dell Range, roughly a 5% gap. That swing is often bigger than any fee or amenity difference between two buildings in the same neighborhood, which is why comparing across neighborhoods matters as much as comparing within one.
Is Cheyenne expensive to rent in?
Across the 2 neighborhoods covered here, the average one-bedroom in Cheyenne runs about $1,075/month before fees, utilities, and amenities are added — and those add-ons are exactly what a bare average hides. Cheyenne is one of the most affordable state capitals in the US. Run the specific units you are considering through RentCompare to see the true all-in monthly cost rather than relying on an area average.

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