Cheyenne vs Lincoln
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lincoln is 9% cheaper for renters. A 2-bedroom rents for $835/mo vs $906/mo in Cheyenne — saving $852/year.
Rent by Unit Size
| Unit Size | Cheyenne | Lincoln | Difference |
|---|---|---|---|
| Studio | $586 | $561 | $25 |
| 1 Bedroom | $741 | $685 | $56 |
| 2 Bedrooms | $906 | $835 | $71 |
| 3 Bedrooms | $1,120 | $1,007 | $113 |
| 4 Bedrooms | $1,322 | $1,216 | $106 |
| Median Income | $46,984 | $40,210 | $6,774 |
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
Lincoln
- Studio
- $561/mo
- 1 BR
- $685/mo
- 2 BR
- $835/mo
- 3 BR
- $1,007/mo
- 4 BR
- $1,216/mo
- Median Income
- $40,210/yr
Frequently Asked Questions
Is Cheyenne or Lincoln cheaper to rent in?
Lincoln is cheaper — a 2-bedroom Fair Market Rent is $835/mo vs $906/mo in Cheyenne. That's $71/mo or $852/year more expensive in Cheyenne (9% higher).
What is the 2-bedroom rent in Cheyenne vs Lincoln?
The HUD Fair Market Rent for a 2-bedroom in Cheyenne is $906/month. In Lincoln, a 2-bedroom FMR is $835/month.
How do incomes compare between Cheyenne and Lincoln?
The median household income in Cheyenne is $46,984/year. In Lincoln it is $40,210/year. Cheyenne has the higher median income.
What is the studio rent in Cheyenne vs Lincoln?
A studio apartment Fair Market Rent in Cheyenne is $586/mo. In Lincoln it is $561/mo.