Cheyenne vs San Luis Obispo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cheyenne is 79% cheaper for renters. A 2-bedroom rents for $906/mo vs $1,623/mo in San Luis Obispo — saving $8,604/year.
Rent by Unit Size
| Unit Size | Cheyenne | San Luis Obispo | Difference |
|---|---|---|---|
| Studio | $586 | $1,065 | $479 |
| 1 Bedroom | $741 | $1,360 | $619 |
| 2 Bedrooms | $906 | $1,623 | $717 |
| 3 Bedrooms | $1,120 | $2,039 | $919 |
| 4 Bedrooms | $1,322 | $2,372 | $1,050 |
| Median Income | $46,984 | $94,761 | $47,777 |
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
San Luis Obispo
- Studio
- $1,065/mo
- 1 BR
- $1,360/mo
- 2 BR
- $1,623/mo
- 3 BR
- $2,039/mo
- 4 BR
- $2,372/mo
- Median Income
- $94,761/yr
Frequently Asked Questions
Is Cheyenne or San Luis Obispo cheaper to rent in?
Cheyenne is cheaper — a 2-bedroom Fair Market Rent is $906/mo vs $1,623/mo in San Luis Obispo. That's $717/mo or $8,604/year more expensive in San Luis Obispo (79% higher).
What is the 2-bedroom rent in Cheyenne vs San Luis Obispo?
The HUD Fair Market Rent for a 2-bedroom in Cheyenne is $906/month. In San Luis Obispo, a 2-bedroom FMR is $1,623/month.
How do incomes compare between Cheyenne and San Luis Obispo?
The median household income in Cheyenne is $46,984/year. In San Luis Obispo it is $94,761/year. San Luis Obispo has the higher median income.
What is the studio rent in Cheyenne vs San Luis Obispo?
A studio apartment Fair Market Rent in Cheyenne is $586/mo. In San Luis Obispo it is $1,065/mo.