
Cheap Apartments for Rent in Cheyenne, WY from $600 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Cheyenne.


Capital Greens Apartments

Capital Court

Total Monthly Price
1623 E Lincolnway, Unit 9, Unit 9

Total Monthly Price
1221 E 23rd St, Unit B, Unit B

Pershing Pointe

1100 Dodge Ct

4961 King Arthur Way

820 Hot Springs Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

The Aire

Total Monthly Price
4407 Parkview Dr

Total Monthly Price
1504 E 19th St, Unit 1504 E 19th St, Unit 1504 E 19th St

4517 Parkview Dr

3306 Myers Ct

Lexington Hills Apartments

2710-2710 1/2 Ames Ct

Total Monthly Price
402 Miller Ln

414 W 31st St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

204 E 3rd Ave, Unit 4

West End Flats

2104 E 13th St

1808 E 19th St

1839 Fremont Ave

207 E 22nd St, Unit 5

Sundance Apartments

1316 E 19th St

1610 Pebrican Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Aspen Leaf Apartments

Rolling Rock Apartments (Income Restricted)

South Ridge

Legacy Cheyenne Senior Residences

West Winds

2011 Evans Ave

Dodge Ct (KC-AM)

KingArthur4961 (KC-AM)

Westgate Village Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

104 W Pershing Blvd

5301 E 12th St

Windwood Manor

Myers Court

614 Seymour Ave

Fox Farm Townhomes

Sagebrush Cheyenne Apartments

613 Killarney Dr

702 Dell Range Blvd
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Fox Farm Patio Home Apartments

Carter Cottages
Cheyenne, WY Local Guide

How much does it cost to rent an apartment in Cheyenne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Cheyenne Studio Apartments | $1,235 | $750 | $1,749 |
| Cheap Cheyenne 1 Bedroom Apartments | $1,550 | $630 | $1,909 |
| Cheap Cheyenne 2 Bedroom Apartments | $1,815 | $734 | $2,289 |
| Cheap Cheyenne 3 Bedroom Apartments | $1,565 | $844 | $2,800 |
| Cheap Cheyenne 4 Bedroom Apartments | $1,872 | $1,162 | $3,000 |
Browse Top Apartments in Cheyenne
See all Apartments in CheyenneExplore Cheyenne
Cheyenne, WY Local Guide
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Cheapest Available Cheyenne Apartments for Rent
 The cheapest available apartment rental in Cheyenne, WY is a 2 Beds unit found at Capital Greens Apartments priced from $734. Capital Court has the second lowest priced unit, which is a 2 Beds apartment currently listed from $739. Here is today’s list of the most affordable Cheyenne apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Capital Greens Apartments | 2 Bedroom | 2BR,1BA | $734 |
| Capital Court | Two Bedroom | 2BR,2BA | $739 |
| Pershing Pointe | 2 Bedroom Townhome | 2BR,2BA | $882 |
| KingArthur4961 (KC-AM) | 1BR/1.0BA | 1BR,1BA | $895 |
| The Aire | Nest | Studio,1BA | $969 |
| Lexington Hills Apartments | Two Bedroom | 2BR,1BA | $1,002 |
Best Value Apartments for Rent in Cheyenne, WY
As of April 23, 2026 the best value apartment in the Cheyenne area is the $1.63 price per square foot 3 X 2 Model at Ridge View Apartments in the starting from $2,149. The second greatest value Cheyenne apartment is the 4 Bedroom Model at Capital Greens Apartments starting at $1,504 with a $1.29 price per square foot . Here is today’s list of the best values for Cheyenne apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ridge View Apartments | 3 X 2 | 3BR,2BA | $1.63 |
| Capital Greens Apartments | 4 Bedroom | 4BR,2BA | $1.29 |
| 1547 Hot Springs Ave, Unit 1547 Hot Springs #2 | 1547 Hot Springs Ave | 2BR,1BA | $1.48 |
| Capital Court | Three Bedroom | 3BR,2BA | $0.79 |
| Pershing Pointe | 3 Bedroom Ranch Style | 3BR,2BA | $0.94 |
| 402 Miller Ln | 402 Miller Ln | 2BR,1BA | $1.23 |
| 4407 Parkview Dr | 4407 Parkview Dr | 2BR,1BA | $1.22 |
| Lexington Hills Apartments | Two Bedroom | 2BR,1BA | $1.13 |
| KingArthur4961 (KC-AM) | 1BR/1.0BA | 1BR,1BA | $1.52 |
| The Aire | Nest | Studio ,1BA | $1.75 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Cheyenne, WY
Pioneer Park Elementary
McCormick Junior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Cheyenne, WY Rentals by Map
See the most popular apartments and homes in Cheyenne, WY
Frequently Asked Questions about Cheap Cheyenne Apartments
How much is rent for a Cheap One Bedroom Cheyenne Apartment?
The lowest price for a Cheap One Bedroom Cheyenne Apartment is $895 at KingArthur4961 (KC-AM).
What is the lowest price for a Cheap Two Bedroom Cheyenne Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Cheyenne is starting from $734 at Capital Greens Apartments.
What is the most affordable Cheyenne Three Bedroom Apartment?
The best deal on a cheap Cheyenne Three Bedroom Apartment rental is at Capital Court and starts from $844.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.