Cheyenne, WY

Metro area in Wyoming · Updated Jan 2026

12-Month Forecast ↓ -1.3%

Median Home Value

$377,330

↑ +3.1%

Year-over-year

Median Rent

$1,482/mo

↑ +6.0%

Year-over-year

Rental Yield

4.7%

Good for investors

5-Year Appreciation

+16.1%

Income Needed to Buy

$97,182

20% down, 30% DTI max

Active Listings

348

For-sale inventory

Price-to-Rent Ratio

21.2

Favors renting

Price Forecast

1 Month

↑ +0.3%

3 Months

↑ +0.4%

12 Months

↓ -1.3%

5-Year Price Trend

Calculate your mortgage for Cheyenne, WY

See monthly payments for a $377,330 home →

Should you rent or buy in Cheyenne, WY?

Price-to-rent ratio: 21.2x — Renting may be smarter. Run a full breakeven analysis with Cheyenne, WY numbers pre-filled →

Frequently Asked Questions