Cheyenne vs Wilmington
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cheyenne is 13% cheaper for renters. A 2-bedroom rents for $906/mo vs $1,024/mo in Wilmington — saving $1,416/year.
Rent by Unit Size
| Unit Size | Cheyenne | Wilmington | Difference |
|---|---|---|---|
| Studio | $586 | $656 | $70 |
| 1 Bedroom | $741 | $838 | $97 |
| 2 Bedrooms | $906 | $1,024 | $118 |
| 3 Bedrooms | $1,120 | $1,314 | $194 |
| 4 Bedrooms | $1,322 | $1,459 | $137 |
| Median Income | $46,984 | $52,995 | $6,011 |
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
Wilmington
- Studio
- $656/mo
- 1 BR
- $838/mo
- 2 BR
- $1,024/mo
- 3 BR
- $1,314/mo
- 4 BR
- $1,459/mo
- Median Income
- $52,995/yr
Frequently Asked Questions
Is Cheyenne or Wilmington cheaper to rent in?
Cheyenne is cheaper — a 2-bedroom Fair Market Rent is $906/mo vs $1,024/mo in Wilmington. That's $118/mo or $1,416/year more expensive in Wilmington (13% higher).
What is the 2-bedroom rent in Cheyenne vs Wilmington?
The HUD Fair Market Rent for a 2-bedroom in Cheyenne is $906/month. In Wilmington, a 2-bedroom FMR is $1,024/month.
How do incomes compare between Cheyenne and Wilmington?
The median household income in Cheyenne is $46,984/year. In Wilmington it is $52,995/year. Wilmington has the higher median income.
What is the studio rent in Cheyenne vs Wilmington?
A studio apartment Fair Market Rent in Cheyenne is $586/mo. In Wilmington it is $656/mo.