ZIP Code · WY

ZIP 82009

Part of Cheyenne, WY

Pop. 35,081·Laramie County·1st most expensive ZIP in Wyoming

Median rent (all units)

$1,864/mo

Year-over-Year

+8.3%

Month-over-Month

+1.5%

vs US Median

-$68

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 82009 · $1,864

More expensive than 53% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$810

1 BR

$920

2 BR

$1,180

3 BR

$1,640

4 BR+

$1,980

Research median

$1,180/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

January. Asking rents in ZIP 82009 usually run 0.5% below trend in January and 0.5% above it in September, about $19 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 82009 is at its highest level since Zillow's records here began in June 2016.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 82009 rose 33% while median household income rose 22.8% ($84,545 to $103,835). Rent outpaced income.

Since before the pandemic

Rent in ZIP 82009 is 46.5% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 4 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($103,835) is $2,596 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,980).

Rank in Cheyenne

3rd cheapest of 3 ZIP codes in Cheyenne.

From Zillow's monthly rent index (ZORI) for ZIP 82009. 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

$22,368/yr

At $1,864/mo median

Location

CityCheyenne

StateWY

CountyLaramie County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 8.3% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+8.3% YoY, +1.5% MoM), not inventory.

Demographics

Who lives here

ZIP 82009 (Cheyenne, WY) is majority owner-occupied, has a large retiree population, has a median income above the national average, 41.6% of residents hold a bachelor's degree or higher.

Population

35,081

Median income

$103,835

Median age

45.3

Renters

18.8%

Age distribution

22%

14.8%

26.1%

14.7%

22.5%

Under 1822%

18–3414.8%

35–5426.1%

55–6414.7%

65+22.5%

Gender

49.5%

50.5%

Male49.5%

Female50.5%

Race & ethnicity

83.7%

White83.7%

Black1.9%

Hispanic10.2%

Asian1.4%

Other2.7%

Education (25+)

19.9%

35.5%

41.6%

No HS diploma3%

HS diploma19.9%

Some college35.5%

Bachelor's+41.6%

Housing tenure

81.2%

18.8%

Owner81.2%

Renter18.8%

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

2021 vs 2026

How ZIP 82009 in Cheyenne, WY has changed in 5 years

Rent

$1,317 → $1,864

up 41.5%

Income

$93,105 → $103,835

up 11.5%

Population

34,509 → 35,081

up 1.7%

Renter share

15.3% → 18.8%

+3.5 pts

Bachelor's+

40.2% → 41.6%

+1.4 pts

Median age

44.7 → 45.3

+0.6 yrs

Since 2021, the typical rent in ZIP 82009 in Cheyenne, WY has increased from $1,317 to $1,864, a 41.5% change over five years. On the earnings side, the typical household in ZIP 82009 in Cheyenne, WY now reports about $103,835, up from $93,105 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 1.7% since 2021, moving from about 34,509 residents to roughly 35,081. Renters now make up 18.8% of households, compared with 15.3% five years ago. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 82009 in Cheyenne, WY reflects that arc in its own way.

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About renting in ZIP 82009

Last updated: October 17, 2026

ZIP code 82009 covers Cheyenne, WY. The median rent here is $1,864/mo as of October 2026. A 1-bedroom rents for a median of $920/mo. A 2-bedroom rents for a median of $1,180/mo.

At 22% of local median household income ($103,835/yr), ZIP 82009 ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 82009?

To keep rent at or below 30% of gross income, you would need to earn at least $75,000/year (about $36/hour full-time) to afford the median rent of $1,864/mo in ZIP 82009. The local median household income is $103,835/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 82009?

Rent in ZIP 82009 has risen 8.3% over the past year as of September 2026. That is the highest level since Zillow's records here began in June 2016.

When is the cheapest time to rent in ZIP 82009?

Asking rents in ZIP 82009 are usually lowest in January, about 0.5% below their yearly trend, and highest in September, about 0.5% above it. At today's median that is a gap of roughly $19 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 82009?

Yes. From 2019 to 2024, rent in ZIP 82009 rose 33% while median household income rose 22.8%, from $84,545 to $103,835. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.