Cheyenne vs Lafayette
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lafayette is 22% cheaper for renters. A 2-bedroom rents for $741/mo vs $906/mo in Cheyenne — saving $1,980/year.
Rent by Unit Size
| Unit Size | Cheyenne | Lafayette | Difference |
|---|---|---|---|
| Studio | $586 | $502 | $84 |
| 1 Bedroom | $741 | $626 | $115 |
| 2 Bedrooms | $906 | $741 | $165 |
| 3 Bedrooms | $1,120 | $958 | $162 |
| 4 Bedrooms | $1,322 | $1,134 | $188 |
| Median Income | $46,984 | $38,989 | $7,995 |
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
Lafayette
- Studio
- $502/mo
- 1 BR
- $626/mo
- 2 BR
- $741/mo
- 3 BR
- $958/mo
- 4 BR
- $1,134/mo
- Median Income
- $38,989/yr
Frequently Asked Questions
Is Cheyenne or Lafayette cheaper to rent in?
Lafayette is cheaper — a 2-bedroom Fair Market Rent is $741/mo vs $906/mo in Cheyenne. That's $165/mo or $1,980/year more expensive in Cheyenne (22% higher).
What is the 2-bedroom rent in Cheyenne vs Lafayette?
The HUD Fair Market Rent for a 2-bedroom in Cheyenne is $906/month. In Lafayette, a 2-bedroom FMR is $741/month.
How do incomes compare between Cheyenne and Lafayette?
The median household income in Cheyenne is $46,984/year. In Lafayette it is $38,989/year. Cheyenne has the higher median income.
What is the studio rent in Cheyenne vs Lafayette?
A studio apartment Fair Market Rent in Cheyenne is $586/mo. In Lafayette it is $502/mo.