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.

Data last updated: 2026-04

Compare Apartments in Cheyenne

Enter your rental options below to see the true all-in monthly cost.

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. Check whether your lease includes water or trash — some buildings bundle these into rent while others charge separately. Always ask the leasing office for the average monthly utility bill before signing.
What neighborhoods are affordable in Cheyenne?
Downtown Cheyenne is one of the most affordable neighborhoods in Cheyenne, with one-bedroom apartments averaging $1,050/month. 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. Remember to factor in commute costs and parking fees when comparing neighborhoods — a cheaper base rent farther from work may cost more overall.
Is Cheyenne expensive to rent in?
Cheyenne is one of the most affordable state capitals in the US. Black Hills Energy rates are competitive. Use RentCompare to calculate the true all-in cost for any apartment in Cheyenne — base rent alone does not tell the full story.

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