Cheyenne vs Helena
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Helena is 6% cheaper for renters. A 2-bedroom rents for $857/mo vs $906/mo in Cheyenne — saving $588/year.
Rent by Unit Size
| Unit Size | Cheyenne | Helena | Difference |
|---|---|---|---|
| Studio | $586 | $577 | $9 |
| 1 Bedroom | $741 | $711 | $30 |
| 2 Bedrooms | $906 | $857 | $49 |
| 3 Bedrooms | $1,120 | $1,057 | $63 |
| 4 Bedrooms | $1,322 | $1,186 | $136 |
| Median Income | $46,984 | $47,790 | $806 |
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
Helena
- Studio
- $577/mo
- 1 BR
- $711/mo
- 2 BR
- $857/mo
- 3 BR
- $1,057/mo
- 4 BR
- $1,186/mo
- Median Income
- $47,790/yr
Frequently Asked Questions
Is Cheyenne or Helena cheaper to rent in?
Helena is cheaper — a 2-bedroom Fair Market Rent is $857/mo vs $906/mo in Cheyenne. That's $49/mo or $588/year more expensive in Cheyenne (6% higher).
What is the 2-bedroom rent in Cheyenne vs Helena?
The HUD Fair Market Rent for a 2-bedroom in Cheyenne is $906/month. In Helena, a 2-bedroom FMR is $857/month.
How do incomes compare between Cheyenne and Helena?
The median household income in Cheyenne is $46,984/year. In Helena it is $47,790/year. Helena has the higher median income.
What is the studio rent in Cheyenne vs Helena?
A studio apartment Fair Market Rent in Cheyenne is $586/mo. In Helena it is $577/mo.