Cheyenne vs Evansville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Evansville is 31% cheaper for renters. A 2-bedroom rents for $694/mo vs $906/mo in Cheyenne — saving $2,544/year.
Rent by Unit Size
| Unit Size | Cheyenne | Evansville | Difference |
|---|---|---|---|
| Studio | $586 | $442 | $144 |
| 1 Bedroom | $741 | $564 | $177 |
| 2 Bedrooms | $906 | $694 | $212 |
| 3 Bedrooms | $1,120 | $844 | $276 |
| 4 Bedrooms | $1,322 | $981 | $341 |
| Median Income | $46,984 | $35,376 | $11,608 |
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
Evansville
- Studio
- $442/mo
- 1 BR
- $564/mo
- 2 BR
- $694/mo
- 3 BR
- $844/mo
- 4 BR
- $981/mo
- Median Income
- $35,376/yr
Frequently Asked Questions
Is Cheyenne or Evansville cheaper to rent in?
Evansville is cheaper — a 2-bedroom Fair Market Rent is $694/mo vs $906/mo in Cheyenne. That's $212/mo or $2,544/year more expensive in Cheyenne (31% higher).
What is the 2-bedroom rent in Cheyenne vs Evansville?
The HUD Fair Market Rent for a 2-bedroom in Cheyenne is $906/month. In Evansville, a 2-bedroom FMR is $694/month.
How do incomes compare between Cheyenne and Evansville?
The median household income in Cheyenne is $46,984/year. In Evansville it is $35,376/year. Cheyenne has the higher median income.
What is the studio rent in Cheyenne vs Evansville?
A studio apartment Fair Market Rent in Cheyenne is $586/mo. In Evansville it is $442/mo.