Cheap Homes for Rent in Cheyenne, WY from $950 (17 Rentals)

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Search the lowest-cost Homes available for rent right now in Cheyenne.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 113 E 26th St

$1,197

Total Monthly Price

Total Monthly Price

Base Rent
$1,197

Total Monthly Price
$1,197

2 Bedroom, 1 Bath Townhome for Rent

Available Aug 29

113 E 26th St

CheyenneWY82001

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

property at 423 Snyder Ave

$1,525

Total Monthly Price

Total Monthly Price

Base Rent
$1,525

Total Monthly Price
$1,525

2 Bedroom, 2 Bath Townhome for Rent

Available Sep 28

423 Snyder Ave

CheyenneWY82007

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Cheyenne, WY Local Guide

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. Pershing Pointe has the second lowest priced unit, which is a 2 Beds apartment currently listed from $882. Here is today’s list of the most affordable Cheyenne apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Capital Greens Apartments2 Bedroom2BR,1BA$734
Pershing Pointe2 Bedroom Townhome2BR,2BA$882
Myers Court1BR/1.0BA1BR,1BA$995
Lexington Hills ApartmentsTwo Bedroom2BR,1BA$1,002
The AireNestStudio,1BA$1,029

Best Value Apartments for Rent in Cheyenne, WY

As of August 23, 2026 the best value apartment in the Cheyenne area is the $1.29 price per square foot 4 Bedroom Model at Capital Greens Apartments in the starting from $1,504. The second greatest value Cheyenne apartment is the 2 X 2 Model at Ridge View Apartments starting at $1,990 with a $1.83 price per square foot . Here is today’s list of the best values for Cheyenne apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Capital Greens Apartments4 Bedroom4BR,2BA$1.29
Ridge View Apartments2 X 22BR,2BA$1.83
Holmes Corner Apartments2-Bedroom, 2-Bath Standard2BR,2BA$1.71
Pershing Pointe3 Bedroom Ranch Style3BR,2BA$0.94
Prairie View ApartmentsThree Bedroom Premier3BR,2BA$1.37
1300 Howling Moon Way, Unit D1300 Howling Moon Way2BR,2BA$1.54
115 Montalto Dr, Unit 115 montalto115 Montalto Dr3BR,2BA$1.40
3727 Dillon Ave, Unit Renovated Garden Level Apt3727 Dillon Ave2BR,1BA$1.20
Lexington Hills ApartmentsTwo Bedroom2BR,1BA$1.13
Myers Court1BR/1.0BA1BR,1BA$1.42

Don'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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheyenne

What type of rentals are currently available in Cheyenne?

There are currently 149 Apartments for Rent in Cheyenne, WY with pricing that ranges from $630 to $2,524. There are also 65 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cheyenne ranging from $950 to $3,700.

What is the current price range for Rental Homes in Cheyenne?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Cheyenne ranges from $950 to $3,700 with an average monthly rent of $2,170.

How much are larger Three and Four Bedroom Rentals in Cheyenne?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Cheyenne range from $987 to $2,524, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,575 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $1,162.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.