Cheyenne vs New York-Newark-Jersey City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cheyenne is 153% cheaper for renters. A 2-bedroom rents for $906/mo vs $2,293/mo in New York-Newark-Jersey City — saving $16,644/year.
Rent by Unit Size
| Unit Size | Cheyenne | New York-Newark-Jersey City | Difference |
|---|---|---|---|
| Studio | $586 | $1,531 | $945 |
| 1 Bedroom | $741 | $1,813 | $1,072 |
| 2 Bedrooms | $906 | $2,293 | $1,387 |
| 3 Bedrooms | $1,120 | $2,674 | $1,554 |
| 4 Bedrooms | $1,322 | $3,167 | $1,845 |
| Median Income | $46,984 | $124,777 | $77,793 |
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
New York-Newark-Jersey City
- Studio
- $1,531/mo
- 1 BR
- $1,813/mo
- 2 BR
- $2,293/mo
- 3 BR
- $2,674/mo
- 4 BR
- $3,167/mo
- Median Income
- $124,777/yr
Frequently Asked Questions
Is Cheyenne or New York-Newark-Jersey City cheaper to rent in?
Cheyenne is cheaper — a 2-bedroom Fair Market Rent is $906/mo vs $2,293/mo in New York-Newark-Jersey City. That's $1,387/mo or $16,644/year more expensive in New York-Newark-Jersey City (153% higher).
What is the 2-bedroom rent in Cheyenne vs New York-Newark-Jersey City?
The HUD Fair Market Rent for a 2-bedroom in Cheyenne is $906/month. In New York-Newark-Jersey City, a 2-bedroom FMR is $2,293/month.
How do incomes compare between Cheyenne and New York-Newark-Jersey City?
The median household income in Cheyenne is $46,984/year. In New York-Newark-Jersey City it is $124,777/year. New York-Newark-Jersey City has the higher median income.
What is the studio rent in Cheyenne vs New York-Newark-Jersey City?
A studio apartment Fair Market Rent in Cheyenne is $586/mo. In New York-Newark-Jersey City it is $1,531/mo.