Cheyenne vs Racine
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Racine is 14% cheaper for renters. A 2-bedroom rents for $794/mo vs $906/mo in Cheyenne — saving $1,344/year.
Rent by Unit Size
| Unit Size | Cheyenne | Racine | Difference |
|---|---|---|---|
| Studio | $586 | $508 | $78 |
| 1 Bedroom | $741 | $641 | $100 |
| 2 Bedrooms | $906 | $794 | $112 |
| 3 Bedrooms | $1,120 | $1,002 | $118 |
| 4 Bedrooms | $1,322 | $1,141 | $181 |
| Median Income | $46,984 | $42,267 | $4,717 |
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
Racine
- Studio
- $508/mo
- 1 BR
- $641/mo
- 2 BR
- $794/mo
- 3 BR
- $1,002/mo
- 4 BR
- $1,141/mo
- Median Income
- $42,267/yr
Frequently Asked Questions
Is Cheyenne or Racine cheaper to rent in?
Racine is cheaper — a 2-bedroom Fair Market Rent is $794/mo vs $906/mo in Cheyenne. That's $112/mo or $1,344/year more expensive in Cheyenne (14% higher).
What is the 2-bedroom rent in Cheyenne vs Racine?
The HUD Fair Market Rent for a 2-bedroom in Cheyenne is $906/month. In Racine, a 2-bedroom FMR is $794/month.
How do incomes compare between Cheyenne and Racine?
The median household income in Cheyenne is $46,984/year. In Racine it is $42,267/year. Cheyenne has the higher median income.
What is the studio rent in Cheyenne vs Racine?
A studio apartment Fair Market Rent in Cheyenne is $586/mo. In Racine it is $508/mo.