Home prices
The median home in Cheyenne is valued at $71,600. Compared to the surrounding areas it is roughly $20,840 (22%) lower.It is about $145,900 (67%) lower in comparison to the nation as a whole, and compared to the city of Altus is roughly $35,600 (33%) lower.
Rents
In Cheyenne the median rent is $576 per month. In comparison to the surrounding areas it is about $75 (11%) lower.In comparison to the nation as a whole it is about $486 (45%) lower, and is roughly $165 (22%) lower compared to the city of Altus.
Nearby places
Reydon
Reydon is approximately 12 miles west from Cheyenne. Its real estate prices are pretty similar. The median home in Reydon costs $70,700, which works out to $900 (1%) lower than Cheyenne. Its rents are somewhat less expensive. The median monthly rent in Reydon is $513, which is $63 (12%) lower than Cheyenne.
Hammon
Hammon is roughly 14 miles east of Cheyenne. The housing prices there are somewhat more expensive. The median home in Hammon is valued at $77,600, which is $6,000 (7%) higher than Cheyenne. Rents there are a bit less expensive. In Hammon the median rent is $542 per month, which comes out to $34 (6%) lower than Cheyenne.
Elk City
Elk City is roughly 20 miles southeast of Cheyenne. Its housing prices are significantly more expensive. The median home in Elk City is valued at $155,600, which is $84,000 (53%) higher than Cheyenne. Rents there are somewhat more expensive. The median monthly rent in Elk City is $740, which works out to $164 (22%) higher than Cheyenne.
Sayre
Sayre is roughly 22 miles south from Cheyenne. The housing prices there are somewhat more expensive. The median home in Sayre is valued at $78,400, which comes out to $6,800 (8%) higher than Cheyenne. Its rents are a little more expensive. In Sayre the median monthly rent is $616, which is $40 (6%) higher than Cheyenne.
Canute
Canute is roughly 23 miles southeast from Cheyenne. The housing prices there are a bit more expensive. The median home in Canute costs $79,900, which comes out to $8,300 (10%) higher than Cheyenne. Rents there are a little more expensive. Canute's median rent is $842 a month, which comes out to $266 (31%) higher than Cheyenne.