Cheyenne vs Springfield
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Springfield is 26% cheaper for renters. A 2-bedroom rents for $720/mo vs $906/mo in Cheyenne — saving $2,232/year.
Rent by Unit Size
| Unit Size | Cheyenne | Springfield | Difference |
|---|---|---|---|
| Studio | $586 | $490 | $96 |
| 1 Bedroom | $741 | $583 | $158 |
| 2 Bedrooms | $906 | $720 | $186 |
| 3 Bedrooms | $1,120 | $925 | $195 |
| 4 Bedrooms | $1,322 | $987 | $335 |
| Median Income | $46,984 | $37,539 | $9,445 |
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
Springfield
- Studio
- $490/mo
- 1 BR
- $583/mo
- 2 BR
- $720/mo
- 3 BR
- $925/mo
- 4 BR
- $987/mo
- Median Income
- $37,539/yr
Frequently Asked Questions
Is Cheyenne or Springfield cheaper to rent in?
Springfield is cheaper — a 2-bedroom Fair Market Rent is $720/mo vs $906/mo in Cheyenne. That's $186/mo or $2,232/year more expensive in Cheyenne (26% higher).
What is the 2-bedroom rent in Cheyenne vs Springfield?
The HUD Fair Market Rent for a 2-bedroom in Cheyenne is $906/month. In Springfield, a 2-bedroom FMR is $720/month.
How do incomes compare between Cheyenne and Springfield?
The median household income in Cheyenne is $46,984/year. In Springfield it is $37,539/year. Cheyenne has the higher median income.
What is the studio rent in Cheyenne vs Springfield?
A studio apartment Fair Market Rent in Cheyenne is $586/mo. In Springfield it is $490/mo.