Rent in Cheyenne County, CO at a glance
2-bedroom rent (HUD)
$1,044$12,528 a year · HUD fiscal year 2026From October 1, 2026: $1,167 (+11.8%)How much rent can you afford in Cheyenne County, CO?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Cheyenne County, CO by bedroom, and the pay it takes
Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $790 | $9,480 | $31,600 | $15.19/hr |
| 1 bedroom | $796 | $9,552 | $31,840 | $15.31/hr |
| 2 bedroomsMost searched | $1,044 | $12,528 | $41,760 | $20.08/hr |
| 3 bedrooms | $1,343 | $16,116 | $53,720 | $25.83/hr |
| 4 bedrooms | $1,637 | $19,644 | $65,480 | $31.48/hr |
Cost of living in Cheyenne County, CO: income, prices and a budget →
Living and working in Cheyenne County, CO
Rent in Cheyenne County, CO: common questions
How much is rent going up in Cheyenne County, CO in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,167 for a two-bedroom, up 11.8% from $1,044. A one-bedroom goes from $796 to $898, a studio from $790 to $867.
These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.
What is the average rent in Cheyenne County, CO?
HUD's Fair Market Rent for 2026 is $796 for a one-bedroom and $1,044 for a two-bedroom, utilities included. That is $12,528 a year for the two-bedroom.
It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.
How much do you need to make to afford rent in Cheyenne County, CO?
To keep a $1,044 two-bedroom at 30% of gross pay, one full-time worker needs $20.08 an hour, or $41,760 a year. A one-bedroom at $796 takes $15.31 an hour.
How much is a 1, 2 or 3-bedroom apartment in Cheyenne County, CO?
At HUD's 2026 Fair Market Rent: studio $790, one bedroom $796, two $1,044, three $1,343 and four $1,637 a month.
Is rent affordable in Cheyenne County, CO?
For the typical household, earning $70,865 a year ($5,905 a month, Census ACS), a two-bedroom at $1,044 takes 17.7% of income. Under 30% is the usual line for affordable; this is under it.
How is the income needed for rent worked out?
Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,044 × 12) ÷ 0.30 = $41,760. Divided by 2,080 working hours, that is $20.08 an hour.