Cheyenne vs Laredo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Laredo is 30% cheaper for renters. A 2-bedroom rents for $698/mo vs $906/mo in Cheyenne — saving $2,496/year.
Rent by Unit Size
| Unit Size | Cheyenne | Laredo | Difference |
|---|---|---|---|
| Studio | $586 | $463 | $123 |
| 1 Bedroom | $741 | $552 | $189 |
| 2 Bedrooms | $906 | $698 | $208 |
| 3 Bedrooms | $1,120 | $851 | $269 |
| 4 Bedrooms | $1,322 | $966 | $356 |
| Median Income | $46,984 | $40,343 | $6,641 |
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
Laredo
- Studio
- $463/mo
- 1 BR
- $552/mo
- 2 BR
- $698/mo
- 3 BR
- $851/mo
- 4 BR
- $966/mo
- Median Income
- $40,343/yr
Frequently Asked Questions
Is Cheyenne or Laredo cheaper to rent in?
Laredo is cheaper — a 2-bedroom Fair Market Rent is $698/mo vs $906/mo in Cheyenne. That's $208/mo or $2,496/year more expensive in Cheyenne (30% higher).
What is the 2-bedroom rent in Cheyenne vs Laredo?
The HUD Fair Market Rent for a 2-bedroom in Cheyenne is $906/month. In Laredo, a 2-bedroom FMR is $698/month.
How do incomes compare between Cheyenne and Laredo?
The median household income in Cheyenne is $46,984/year. In Laredo it is $40,343/year. Cheyenne has the higher median income.
What is the studio rent in Cheyenne vs Laredo?
A studio apartment Fair Market Rent in Cheyenne is $586/mo. In Laredo it is $463/mo.