Cheyenne vs Idaho Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Idaho Falls is 1% cheaper for renters. A 2-bedroom rents for $897/mo vs $906/mo in Cheyenne — saving $108/year.
Rent by Unit Size
| Unit Size | Cheyenne | Idaho Falls | Difference |
|---|---|---|---|
| Studio | $586 | $583 | $3 |
| 1 Bedroom | $741 | $710 | $31 |
| 2 Bedrooms | $906 | $897 | $9 |
| 3 Bedrooms | $1,120 | $1,089 | $31 |
| 4 Bedrooms | $1,322 | $1,288 | $34 |
| Median Income | $46,984 | $42,238 | $4,746 |
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
Idaho Falls
- Studio
- $583/mo
- 1 BR
- $710/mo
- 2 BR
- $897/mo
- 3 BR
- $1,089/mo
- 4 BR
- $1,288/mo
- Median Income
- $42,238/yr
Frequently Asked Questions
Is Cheyenne or Idaho Falls cheaper to rent in?
Idaho Falls is cheaper — a 2-bedroom Fair Market Rent is $897/mo vs $906/mo in Cheyenne. That's $9/mo or $108/year more expensive in Cheyenne (1% higher).
What is the 2-bedroom rent in Cheyenne vs Idaho Falls?
The HUD Fair Market Rent for a 2-bedroom in Cheyenne is $906/month. In Idaho Falls, a 2-bedroom FMR is $897/month.
How do incomes compare between Cheyenne and Idaho Falls?
The median household income in Cheyenne is $46,984/year. In Idaho Falls it is $42,238/year. Cheyenne has the higher median income.
What is the studio rent in Cheyenne vs Idaho Falls?
A studio apartment Fair Market Rent in Cheyenne is $586/mo. In Idaho Falls it is $583/mo.