Studio Rent · July 2026

Studio Apartment Rent in Cheyenne, WY

$790/mo

Median asking rent for a studio apartment in Cheyenne, Wyoming as of July 2026. That's +47% lower than the citywide median of $1,494 and +39% below the national studio median of $1,290.

Studio median
$790
July 2026
vs city overall
-47%
$1,494 city median
vs national
-39%
$1,290 US median
Wyoming rank
#6
of 9 cities

Income needed for a studio in Cheyenne

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.

Annual income
$31,600
Monthly gross
$2,633
Hourly (full-time)
$15.19

Rent by apartment size in Cheyenne

Compare Cheyenne's median rent across every apartment size.

Studio (current)
$790
1-Bedroom
$913
2-Bedroom
$1,150
3-Bedroom
$1,613
4+ Bedroom
$1,930

Cheapest cities for a studio in Wyoming

#CityStudio rent
1Cody$710
2Torrington$710
3Laramie$720
4Lander$760
5Casper$790
6Cheyenne (this page)$790
7Rawlins$810
8Rock Springs$810
9Gillette$815

Most expensive cities for a studio in Wyoming

#CityStudio rent
1Gillette$815
2Rock Springs$810
3Rawlins$810
4Cheyenne (this page)$790
5Casper$790
6Lander$760
7Laramie$720
8Torrington$710
9Cody$710

Nearby cities — studio rent

Considering nearby alternatives? 1 of these cities have cheaper studio rents than Cheyenne.

CityDistanceStudio rentvs Cheyenne
Fort Collins, CO46.3 mi$1,448+$658 (+83%)
Timnath, CO46.3 mi$1,360+$570 (+72%)
Windsor, CO48.4 mi$1,340+$550 (+70%)
Greeley, CO52.8 mi$1,100+$310 (+39%)
Evans, CO56.3 mi$1,160+$370 (+47%)
Loveland, CO56.8 mi$1,395+$605 (+77%)
Milliken, CO57.5 mi$1,240+$450 (+57%)
Laramie, WY57.8 mi$720$-70 (-9%)
Johnstown, CO59.2 mi$1,370+$580 (+73%)
Longmont, CO72.9 mi$1,447+$657 (+83%)
Erie, CO79.3 mi$1,810+$1,020 (+129%)
Lafayette, CO82.9 mi$1,520+$730 (+92%)

Studio rent in Cheyenne — common questions

How much is a studio apartment in Cheyenne?

As of July 2026, the median studio apartment rent in Cheyenne, Wyoming is $790 per month. This is +47% below the citywide median of $1,494.

What income do you need to afford a studio in Cheyenne?

Using the standard 30% rent-to-income rule, you would need an annual income of about $31,600 ($2,633/month gross), which works out to roughly $15.19/hour at a full-time job.

Is Cheyenne expensive for a studio compared to the rest of the US?

Cheyenne's studio median of $790 is +39% below the national studio median of $1,290. It ranks in the 9th percentile of US cities tracked.

How does Cheyenne rank for studio rent in Wyoming?

Among the 9 cities in Wyoming with studio data, Cheyenne ranks #6 from cheapest to most expensive.

Are there cheaper studio options near Cheyenne?

Yes — nearby cities with cheaper studio rents include Laramie ($720).

All rent data
Cheyenne rent overview →
Trend
Cheyenne rent history →
Calculator
Cheyenne affordability →
Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Cheyenne, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (July 2026) and exclude cities with median rent below $400 or above $20,000.