Cheyenne vs Merced
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cheyenne is 16% cheaper for renters. A 2-bedroom rents for $906/mo vs $1,055/mo in Merced — saving $1,788/year.
Rent by Unit Size
| Unit Size | Cheyenne | Merced | Difference |
|---|---|---|---|
| Studio | $586 | $696 | $110 |
| 1 Bedroom | $741 | $865 | $124 |
| 2 Bedrooms | $906 | $1,055 | $149 |
| 3 Bedrooms | $1,120 | $1,328 | $208 |
| 4 Bedrooms | $1,322 | $1,460 | $138 |
| Median Income | $46,984 | $60,958 | $13,974 |
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
Merced
- Studio
- $696/mo
- 1 BR
- $865/mo
- 2 BR
- $1,055/mo
- 3 BR
- $1,328/mo
- 4 BR
- $1,460/mo
- Median Income
- $60,958/yr
Frequently Asked Questions
Is Cheyenne or Merced cheaper to rent in?
Cheyenne is cheaper — a 2-bedroom Fair Market Rent is $906/mo vs $1,055/mo in Merced. That's $149/mo or $1,788/year more expensive in Merced (16% higher).
What is the 2-bedroom rent in Cheyenne vs Merced?
The HUD Fair Market Rent for a 2-bedroom in Cheyenne is $906/month. In Merced, a 2-bedroom FMR is $1,055/month.
How do incomes compare between Cheyenne and Merced?
The median household income in Cheyenne is $46,984/year. In Merced it is $60,958/year. Merced has the higher median income.
What is the studio rent in Cheyenne vs Merced?
A studio apartment Fair Market Rent in Cheyenne is $586/mo. In Merced it is $696/mo.