Cheyenne vs Raleigh-Cary
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cheyenne is 21% cheaper for renters. A 2-bedroom rents for $906/mo vs $1,097/mo in Raleigh-Cary — saving $2,292/year.
Rent by Unit Size
| Unit Size | Cheyenne | Raleigh-Cary | Difference |
|---|---|---|---|
| Studio | $586 | $760 | $174 |
| 1 Bedroom | $741 | $928 | $187 |
| 2 Bedrooms | $906 | $1,097 | $191 |
| 3 Bedrooms | $1,120 | $1,435 | $315 |
| 4 Bedrooms | $1,322 | $1,556 | $234 |
| Median Income | $46,984 | $70,678 | $23,694 |
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
Raleigh-Cary
- Studio
- $760/mo
- 1 BR
- $928/mo
- 2 BR
- $1,097/mo
- 3 BR
- $1,435/mo
- 4 BR
- $1,556/mo
- Median Income
- $70,678/yr
Frequently Asked Questions
Is Cheyenne or Raleigh-Cary cheaper to rent in?
Cheyenne is cheaper — a 2-bedroom Fair Market Rent is $906/mo vs $1,097/mo in Raleigh-Cary. That's $191/mo or $2,292/year more expensive in Raleigh-Cary (21% higher).
What is the 2-bedroom rent in Cheyenne vs Raleigh-Cary?
The HUD Fair Market Rent for a 2-bedroom in Cheyenne is $906/month. In Raleigh-Cary, a 2-bedroom FMR is $1,097/month.
How do incomes compare between Cheyenne and Raleigh-Cary?
The median household income in Cheyenne is $46,984/year. In Raleigh-Cary it is $70,678/year. Raleigh-Cary has the higher median income.
What is the studio rent in Cheyenne vs Raleigh-Cary?
A studio apartment Fair Market Rent in Cheyenne is $586/mo. In Raleigh-Cary it is $760/mo.