Cheyenne vs Fort Wayne
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Fort Wayne is 17% cheaper for renters. A 2-bedroom rents for $777/mo vs $906/mo in Cheyenne — saving $1,548/year.
Rent by Unit Size
| Unit Size | Cheyenne | Fort Wayne | Difference |
|---|---|---|---|
| Studio | $586 | $499 | $87 |
| 1 Bedroom | $741 | $639 | $102 |
| 2 Bedrooms | $906 | $777 | $129 |
| 3 Bedrooms | $1,120 | $969 | $151 |
| 4 Bedrooms | $1,322 | $1,175 | $147 |
| Median Income | $46,984 | $47,806 | $822 |
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
Fort Wayne
- Studio
- $499/mo
- 1 BR
- $639/mo
- 2 BR
- $777/mo
- 3 BR
- $969/mo
- 4 BR
- $1,175/mo
- Median Income
- $47,806/yr
Frequently Asked Questions
Is Cheyenne or Fort Wayne cheaper to rent in?
Fort Wayne is cheaper — a 2-bedroom Fair Market Rent is $777/mo vs $906/mo in Cheyenne. That's $129/mo or $1,548/year more expensive in Cheyenne (17% higher).
What is the 2-bedroom rent in Cheyenne vs Fort Wayne?
The HUD Fair Market Rent for a 2-bedroom in Cheyenne is $906/month. In Fort Wayne, a 2-bedroom FMR is $777/month.
How do incomes compare between Cheyenne and Fort Wayne?
The median household income in Cheyenne is $46,984/year. In Fort Wayne it is $47,806/year. Fort Wayne has the higher median income.
What is the studio rent in Cheyenne vs Fort Wayne?
A studio apartment Fair Market Rent in Cheyenne is $586/mo. In Fort Wayne it is $499/mo.