Cheyenne vs Missoula
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cheyenne is 19% cheaper for renters. A 2-bedroom rents for $906/mo vs $1,081/mo in Missoula — saving $2,100/year.
Rent by Unit Size
| Unit Size | Cheyenne | Missoula | Difference |
|---|---|---|---|
| Studio | $586 | $762 | $176 |
| 1 Bedroom | $741 | $909 | $168 |
| 2 Bedrooms | $906 | $1,081 | $175 |
| 3 Bedrooms | $1,120 | $1,423 | $303 |
| 4 Bedrooms | $1,322 | $1,651 | $329 |
| Median Income | $46,984 | $73,596 | $26,612 |
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
Missoula
- Studio
- $762/mo
- 1 BR
- $909/mo
- 2 BR
- $1,081/mo
- 3 BR
- $1,423/mo
- 4 BR
- $1,651/mo
- Median Income
- $73,596/yr
Frequently Asked Questions
Is Cheyenne or Missoula cheaper to rent in?
Cheyenne is cheaper — a 2-bedroom Fair Market Rent is $906/mo vs $1,081/mo in Missoula. That's $175/mo or $2,100/year more expensive in Missoula (19% higher).
What is the 2-bedroom rent in Cheyenne vs Missoula?
The HUD Fair Market Rent for a 2-bedroom in Cheyenne is $906/month. In Missoula, a 2-bedroom FMR is $1,081/month.
How do incomes compare between Cheyenne and Missoula?
The median household income in Cheyenne is $46,984/year. In Missoula it is $73,596/year. Missoula has the higher median income.
What is the studio rent in Cheyenne vs Missoula?
A studio apartment Fair Market Rent in Cheyenne is $586/mo. In Missoula it is $762/mo.