Cheyenne vs El Paso
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
El Paso is 4% cheaper for renters. A 2-bedroom rents for $868/mo vs $906/mo in Cheyenne — saving $456/year.
Rent by Unit Size
| Unit Size | Cheyenne | El Paso | Difference |
|---|---|---|---|
| Studio | $586 | $557 | $29 |
| 1 Bedroom | $741 | $685 | $56 |
| 2 Bedrooms | $906 | $868 | $38 |
| 3 Bedrooms | $1,120 | $1,052 | $68 |
| 4 Bedrooms | $1,322 | $1,194 | $128 |
| Median Income | $46,984 | $45,964 | $1,020 |
Cheyenne
- Studio
- $586/mo
- 1 BR
- $741/mo
- 2 BR
- $906/mo
- 3 BR
- $1,120/mo
- 4 BR
- $1,322/mo
- Median Income
- $46,984/yr
El Paso
- Studio
- $557/mo
- 1 BR
- $685/mo
- 2 BR
- $868/mo
- 3 BR
- $1,052/mo
- 4 BR
- $1,194/mo
- Median Income
- $45,964/yr
Frequently Asked Questions
Is Cheyenne or El Paso cheaper to rent in?
El Paso is cheaper — a 2-bedroom Fair Market Rent is $868/mo vs $906/mo in Cheyenne. That's $38/mo or $456/year more expensive in Cheyenne (4% higher).
What is the 2-bedroom rent in Cheyenne vs El Paso?
The HUD Fair Market Rent for a 2-bedroom in Cheyenne is $906/month. In El Paso, a 2-bedroom FMR is $868/month.
How do incomes compare between Cheyenne and El Paso?
The median household income in Cheyenne is $46,984/year. In El Paso it is $45,964/year. Cheyenne has the higher median income.
What is the studio rent in Cheyenne vs El Paso?
A studio apartment Fair Market Rent in Cheyenne is $586/mo. In El Paso it is $557/mo.