Cheyenne vs Salem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cheyenne is 25% cheaper for renters. A 2-bedroom rents for $906/mo vs $1,137/mo in Salem — saving $2,772/year.
Rent by Unit Size
| Unit Size | Cheyenne | Salem | Difference |
|---|---|---|---|
| Studio | $586 | $741 | $155 |
| 1 Bedroom | $741 | $913 | $172 |
| 2 Bedrooms | $906 | $1,137 | $231 |
| 3 Bedrooms | $1,120 | $1,411 | $291 |
| 4 Bedrooms | $1,322 | $1,615 | $293 |
| Median Income | $46,984 | $53,953 | $6,969 |
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
Salem
- Studio
- $741/mo
- 1 BR
- $913/mo
- 2 BR
- $1,137/mo
- 3 BR
- $1,411/mo
- 4 BR
- $1,615/mo
- Median Income
- $53,953/yr
Frequently Asked Questions
Is Cheyenne or Salem cheaper to rent in?
Cheyenne is cheaper — a 2-bedroom Fair Market Rent is $906/mo vs $1,137/mo in Salem. That's $231/mo or $2,772/year more expensive in Salem (25% higher).
What is the 2-bedroom rent in Cheyenne vs Salem?
The HUD Fair Market Rent for a 2-bedroom in Cheyenne is $906/month. In Salem, a 2-bedroom FMR is $1,137/month.
How do incomes compare between Cheyenne and Salem?
The median household income in Cheyenne is $46,984/year. In Salem it is $53,953/year. Salem has the higher median income.
What is the studio rent in Cheyenne vs Salem?
A studio apartment Fair Market Rent in Cheyenne is $586/mo. In Salem it is $741/mo.