Home prices
The median home value in Cheyenne is $214,300. Compared to the surrounding areas it is approximately $19,140 (9%) higher.It is about $3,200 (1%) lower compared to the country as a whole, and is approximately $176,300 (45%) lower compared to the city of Denver.
Rents
Cheyenne's median monthly rent is $915. This is roughly $52 (5%) lower in comparison to its nearby areas.Compared to the United States as a whole it is about $147 (13%) lower, and in comparison to the city of Denver is approximately $396 (30%) lower.
Nearby places
Burns
Burns is approximately 19 miles east from Cheyenne. Housing prices there are a little less expensive. The median home in Burns costs $172,300, which works out to $42,000 (24%) lower than Cheyenne. Rent there is similar. The median monthly rent in Burns is $883, which comes out to $32 (3%) lower than Cheyenne.
Nunn
Nunn is approximately 28 miles south from Cheyenne. The housing prices there are fairly similar. Nunn's median home price is $204,300, which is $10,000 (4%) lower than Cheyenne. The rent there is a little more expensive. Nunn's median rent is $1,072 per month, which works out to $157 (14%) higher than Cheyenne.
Wellington
Wellington is approximately 30 miles south from Cheyenne. Housing prices there are significantly more expensive. Wellington's median home value is $323,500, which is $109,200 (33%) higher than Cheyenne. Its rents are substantially more expensive. In Wellington the median rent is $1,477 per month, which is $562 (38%) higher than Cheyenne.
Grover
Grover is about 30 miles southeast from Cheyenne. The housing prices there are significantly less expensive. The median home in Grover costs $109,000, which comes out to $105,300 (96%) lower than Cheyenne. Rents there are a bit less expensive. The median monthly rent in Grover is $738, which comes out to $177 (23%) lower than Cheyenne.
Pine Bluffs
Pine Bluffs is approximately 32 miles east from Cheyenne. The housing prices there are a bit less expensive. The median home in Pine Bluffs is valued at $166,700, which comes out to $47,600 (28%) lower than Cheyenne. Rents there are a lot less expensive. Pine Bluffs's median rent is $665 a month, which is $250 (37%) lower than Cheyenne.