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Cheyenne, WY

Full City Profile · Wyoming · Laramie County County

3.4 /5.0
B Good
64,976 Population 1,782/sq mi density
$77,176 Median Income $43,320 per capita
$311,200 Home Value $380,882 Zillow
$1,035 Median Rent 29.3% income on rent
47°F Avg Temperature 316 sunny days/yr
341 Violent Crime/100K 3,099 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$77,176 median income, 2.0% unemployment
A
Affordability
4.4 / 5.0
$311,200 home value, $1,035/mo rent
F
Safety
1.0 / 5.0
341 violent crimes/100K
B+
Education
3.6 / 5.0
32.9% bachelor's degree or higher

Housing Overview

Median Home Value
$311,200
10% above
US avg: $281,900
Median Rent
$1,035/mo
11% below
US avg: $1,163/mo
Homeownership Rate
67.7%
4% above US avg (65.4%)
Total Housing Units
30,285
Median year built: 1975

Home Value by Source

Census Median
$311,200
Zillow (ZHVI)
$380,882
Median Sale Price
$369,900
Median List Price
$358,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

67.7%
Owner-Occupied
32.3%
Renter-Occupied
68%
32%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$785/mo
1 Bedroom
$824/mo
2 Bedroom
$1,044/mo
3 Bedroom
$1,399/mo
4 Bedroom
$1,719/mo
Census median rent: $1,035/mo · Zillow rent: $1,513/mo

Market Indicators (Redfin)

Median Days on Market
46 days
Sale-to-List Ratio
0.0%
Buyers market
Homes Sold
77
Price Drops
20.6%
of listings with price reduction
Price Per Sq Ft
$185
Active Inventory
160
homes for sale

Affordability & Housing Stock

Rent Burden
29.3%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
67.7%

Complete Housing Data

Home Values

Census Median Value$311,200
Zillow Home Value (ZHVI)$380,882
Median Sale Price$369,900
Median List Price$358,500
Price Per Sq Ft$185

Rent

Census Median Rent$1,035
Zillow Rent (ZORI)$1,513
FMR Studio$785
FMR 1-Bedroom$824
FMR 2-Bedroom$1,044
FMR 3-Bedroom$1,399
FMR 4-Bedroom$1,719

Market

Days on Market46
Sale-to-List Ratio0.0%
Price Drops20.6%
Homes Sold77
Active Inventory160
Price Per Sq Ft$185

Ownership & Stock

Owner-Occupied67.7%
Renter-Occupied32.3%
Homeownership Rate67.7%
Total Housing Units30,285
Median Year Built1975
Rent Burden29.3%