ZIP Code · WY

ZIP 82001

Part of Cheyenne, WY

Pop. 38,168·Laramie County·9th most expensive ZIP in Wyoming

Median rent (all units)

$1,341/mo

Year-over-Year

+7.6%

Month-over-Month

+0.9%

vs US Median

-$591

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 82001 · $1,341

More affordable than 84% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$830

1 BR

$940

2 BR

$1,210

3 BR

$1,680

4 BR+

$2,030

Research median

$1,210/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

February. Asking rents in ZIP 82001 usually run 0.4% below trend in February and 0.5% above it in August, about $12 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 82001 is at its highest level since Zillow's records here began in May 2016.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 82001 rose 32% while median household income rose 19.6% ($63,025 to $75,362). Rent outpaced income.

Since before the pandemic

Rent in ZIP 82001 is 43.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 5 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($75,362) is $1,884 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,680); a 4-bedroom is $2,030.

Rank in Cheyenne

1st cheapest of 3 ZIP codes in Cheyenne.

From Zillow's monthly rent index (ZORI) for ZIP 82001. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$16,092/yr

At $1,341/mo median

Location

CityCheyenne

StateWY

CountyLaramie County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 7.6% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+7.6% YoY, +0.9% MoM), not inventory.

Demographics

Who lives here

ZIP 82001 (Cheyenne, WY) is majority owner-occupied, 33.2% of residents hold a bachelor's degree or higher.

Population

38,168

Median income

$75,362

Median age

35.8

Renters

37.3%

Age distribution

21.1%

27.7%

25.6%

14.8%

Under 1821.1%

18–3427.7%

35–5425.6%

55–6410.8%

65+14.8%

Gender

50.6%

49.4%

Male50.6%

Female49.4%

Race & ethnicity

79.9%

17%

White79.9%

Black2.8%

Hispanic17%

Asian1%

Education (25+)

21.5%

40.7%

33.2%

No HS diploma4.6%

HS diploma21.5%

Some college40.7%

Bachelor's+33.2%

Housing tenure

62.7%

37.3%

Owner62.7%

Renter37.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 82001 in Cheyenne, WY has changed in 5 years

Rent

$982 → $1,341

up 36.6%

Income

$66,897 → $75,362

up 12.7%

Population

37,286 → 38,168

up 2.4%

Renter share

37.2% → 37.3%

+0.1 pts

Bachelor's+

29.7% → 33.2%

+3.5 pts

Median age

35.1 → 35.8

+0.7 yrs

Since 2021, the typical rent in ZIP 82001 in Cheyenne, WY has increased from $982 to $1,341, a 36.6% change over five years. Median household income rose from $66,897 to $75,362 between 2021 and 2024, a 12.7% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 2.4% since 2021, moving from about 37,286 residents to roughly 38,168. College-educated residents now make up 33.2% of adults here, versus 29.7% in 2021. Taken together, the five-year picture in ZIP 82001 in Cheyenne, WY reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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About renting in ZIP 82001

Last updated: October 17, 2026

ZIP code 82001 covers Cheyenne, WY. The median rent here is $1,341/mo as of October 2026. A 1-bedroom rents for a median of $940/mo. A 2-bedroom rents for a median of $1,210/mo.

At 21% of local median household income ($75,362/yr), ZIP 82001 ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 82001?

To keep rent at or below 30% of gross income, you would need to earn at least $54,000/year (about $26/hour full-time) to afford the median rent of $1,341/mo in ZIP 82001. The local median household income is $75,362/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 82001?

Rent in ZIP 82001 has risen 7.6% over the past year as of September 2026. That is the highest level since Zillow's records here began in May 2016.

When is the cheapest time to rent in ZIP 82001?

Asking rents in ZIP 82001 are usually lowest in February, about 0.4% below their yearly trend, and highest in August, about 0.5% above it. At today's median that is a gap of roughly $12 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 82001?

Yes. From 2019 to 2024, rent in ZIP 82001 rose 32% while median household income rose 19.6%, from $63,025 to $75,362. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.