Cheyenne vs Fargo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cheyenne is 1% cheaper for renters. A 2-bedroom rents for $906/mo vs $913/mo in Fargo — saving $84/year.
Rent by Unit Size
| Unit Size | Cheyenne | Fargo | Difference |
|---|---|---|---|
| Studio | $586 | $577 | $9 |
| 1 Bedroom | $741 | $717 | $24 |
| 2 Bedrooms | $906 | $913 | $7 |
| 3 Bedrooms | $1,120 | $1,145 | $25 |
| 4 Bedrooms | $1,322 | $1,249 | $73 |
| Median Income | $46,984 | $45,978 | $1,006 |
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
Fargo
- Studio
- $577/mo
- 1 BR
- $717/mo
- 2 BR
- $913/mo
- 3 BR
- $1,145/mo
- 4 BR
- $1,249/mo
- Median Income
- $45,978/yr
Frequently Asked Questions
Is Cheyenne or Fargo cheaper to rent in?
Cheyenne is cheaper — a 2-bedroom Fair Market Rent is $906/mo vs $913/mo in Fargo. That's $7/mo or $84/year more expensive in Fargo (1% higher).
What is the 2-bedroom rent in Cheyenne vs Fargo?
The HUD Fair Market Rent for a 2-bedroom in Cheyenne is $906/month. In Fargo, a 2-bedroom FMR is $913/month.
How do incomes compare between Cheyenne and Fargo?
The median household income in Cheyenne is $46,984/year. In Fargo it is $45,978/year. Cheyenne has the higher median income.
What is the studio rent in Cheyenne vs Fargo?
A studio apartment Fair Market Rent in Cheyenne is $586/mo. In Fargo it is $577/mo.