Cheyenne vs Medford
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cheyenne is 18% cheaper for renters. A 2-bedroom rents for $906/mo vs $1,065/mo in Medford — saving $1,908/year.
Rent by Unit Size
| Unit Size | Cheyenne | Medford | Difference |
|---|---|---|---|
| Studio | $586 | $704 | $118 |
| 1 Bedroom | $741 | $865 | $124 |
| 2 Bedrooms | $906 | $1,065 | $159 |
| 3 Bedrooms | $1,120 | $1,318 | $198 |
| 4 Bedrooms | $1,322 | $1,480 | $158 |
| Median Income | $46,984 | $51,417 | $4,433 |
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
Medford
- Studio
- $704/mo
- 1 BR
- $865/mo
- 2 BR
- $1,065/mo
- 3 BR
- $1,318/mo
- 4 BR
- $1,480/mo
- Median Income
- $51,417/yr
Frequently Asked Questions
Is Cheyenne or Medford cheaper to rent in?
Cheyenne is cheaper — a 2-bedroom Fair Market Rent is $906/mo vs $1,065/mo in Medford. That's $159/mo or $1,908/year more expensive in Medford (18% higher).
What is the 2-bedroom rent in Cheyenne vs Medford?
The HUD Fair Market Rent for a 2-bedroom in Cheyenne is $906/month. In Medford, a 2-bedroom FMR is $1,065/month.
How do incomes compare between Cheyenne and Medford?
The median household income in Cheyenne is $46,984/year. In Medford it is $51,417/year. Medford has the higher median income.
What is the studio rent in Cheyenne vs Medford?
A studio apartment Fair Market Rent in Cheyenne is $586/mo. In Medford it is $704/mo.