Cheyenne vs Reno
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cheyenne is 33% cheaper for renters. A 2-bedroom rents for $906/mo vs $1,208/mo in Reno — saving $3,624/year.
Rent by Unit Size
| Unit Size | Cheyenne | Reno | Difference |
|---|---|---|---|
| Studio | $586 | $773 | $187 |
| 1 Bedroom | $741 | $946 | $205 |
| 2 Bedrooms | $906 | $1,208 | $302 |
| 3 Bedrooms | $1,120 | $1,422 | $302 |
| 4 Bedrooms | $1,322 | $1,636 | $314 |
| Median Income | $46,984 | $59,858 | $12,874 |
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
Reno
- Studio
- $773/mo
- 1 BR
- $946/mo
- 2 BR
- $1,208/mo
- 3 BR
- $1,422/mo
- 4 BR
- $1,636/mo
- Median Income
- $59,858/yr
Frequently Asked Questions
Is Cheyenne or Reno cheaper to rent in?
Cheyenne is cheaper — a 2-bedroom Fair Market Rent is $906/mo vs $1,208/mo in Reno. That's $302/mo or $3,624/year more expensive in Reno (33% higher).
What is the 2-bedroom rent in Cheyenne vs Reno?
The HUD Fair Market Rent for a 2-bedroom in Cheyenne is $906/month. In Reno, a 2-bedroom FMR is $1,208/month.
How do incomes compare between Cheyenne and Reno?
The median household income in Cheyenne is $46,984/year. In Reno it is $59,858/year. Reno has the higher median income.
What is the studio rent in Cheyenne vs Reno?
A studio apartment Fair Market Rent in Cheyenne is $586/mo. In Reno it is $773/mo.