County FMR · HUD FY2026

Cheyenne County Fair Market Rent

HUD's FY2026 Fair Market Rent for Cheyenne County, CO - 17% below the US average.

$796
1-bedroom FMR
$1,044
2-bedroom FMR
-0.9%
YoY change
-17%
vs US avg

The verdict

Cheyenne is the 14th cheapest of 64 counties in Colorado by 2-bedroom FMR; nationally it ranks #1,510 most expensive of 3,145 HUD counties.

#1,510
most expensive of 3,145 US counties (2BR)
#14
cheapest of 64 in Colorado (2BR)
-31%
vs the state average
$31,840
income to afford it (30% rule)

Software Developers spend the smallest share of income on rent here (7.1%), while Teaching Assistants, Except Postsecondary spend the most (30.4%); 14 of 15 common occupations here can afford a 1-bedroom at Fair Market Rent without exceeding the 30% threshold.

FY 2026 HUD Fair Market Rent for Cheyenne County, CO. Verify with HUD →

HUD sets the FY 2026 1-bedroom Fair Market Rent for Cheyenne County, Colorado at $796 per month - the federal rental-assistance benchmark for this county. A 2-bedroom costs $1,044/mo and a studio is $790/mo. This is 17% lower than the national average of $959 and 31% below the Colorado average of $1,161.

Rent decreased0.9% from FY 2025 ($803), roughly tracking inflation. The 30% affordability floor is comparatively reachable here at $31,840/year.

Observed renter burden: 22.9% of the 205 renter households counted by ACS paid at least 30% of income in gross rent. This ACS 2023 household measure is distinct from HUD's FY2026 Fair Market Rent benchmark above.

FY 2026 HUD Fair Market Rents in Colorado. Population: 1,726.

FMR filing desk

Area CHEYENNE·COUNTY·CO·CO

Cheyenne County, CO: $796/mo 1BR · #1510 of 3145 counties (2BR) · FY2026

  • FMR-AREA CO
  • 1BR-FMR $796
  • 2BR-FMR $1,044
  • RANK-MID #1,510
  • YOY-FLAT -0.9%
  • VSUS-BELOW -17%
  • VS-ST-LOW -31% CO
  • INC-ROOM 14%
  • POP-SMALL 2K
  • PHOTO-NEAR El Paso County
  • VOUCH-90-110 $716–$876
  • FY-2026 FY2026

Photo-finish peer: El Paso ($668 1BR gap)

Read with: Section 8 housing guide

Fair Market Rents (2026)

Studio
State avg: $1,083 · US avg: $893
$790/mo
↓ 0.9% YoY -27% vs state -12% vs US
1 Bedroom
State avg: $1,161 · US avg: $959
$796/mo
↓ 0.9% YoY -31% vs state -17% vs US
2 Bedroom
State avg: $1,429 · US avg: $1,175
$1,044/mo
↓ 0.9% YoY -27% vs state -11% vs US
3 Bedroom
State avg: $1,861 · US avg: $1,525
$1,343/mo
↑ 3.1% YoY -28% vs state -12% vs US
4 Bedroom
State avg: $2,178 · US avg: $1,756
$1,637/mo
↓ 2.8% YoY -25% vs state -7% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $797
$790
$-7 (-0.9%)
1 Bedroom $803
$796
$-7 (-0.9%)
2 Bedroom $1,053
$1,044
$-9 (-0.9%)
3 Bedroom $1,302
$1,343
+$41 (+3.1%)
4 Bedroom $1,684
$1,637
$-47 (-2.8%)

Rent Burden Analysis

How much of household income goes to rent in Cheyenne County. The 30% threshold indicates cost burden.

Studio
14%
Affordable
Need $31,600/yr for 30% rule
1 Bedroom
14.1%
Affordable
Need $31,840/yr for 30% rule
2 Bedroom
18.5%
Affordable
Need $41,760/yr for 30% rule
3 Bedroom
23.8%
Affordable
Need $53,720/yr for 30% rule
4 Bedroom
29%
Affordable
Need $65,480/yr for 30% rule
How we calculate this

Rent burden = (FMR × 12) ÷ county median household income. Required income = (FMR × 12) ÷ 0.3, the federal 30%-of-gross-income rule HUD uses to define cost burden. Median household income is from the U.S. Census Bureau's American Community Survey; FMR is from HUD's FY2026 release. See methodology.

0%100%National avg22%18.5%
Cheyenne County 2-bedroom rent burden
County median income: $67,768 · National avg burden: 21.7% ·View Colorado rent burden →

Where Cheyenne sits among every US county

2-bedroom Fair Market Rent vs. all 3,145 HUD counties

$1,044 higher than 52% of 3,145 counties

$600–$800: 23 counties (1%). Below this entry. $800–$1,000: 1,406 counties (45%). Below this entry. $1,000–$1,200: 723 counties (23%). This entry sits in this band. $1,200–$1,400: 417 counties (13%). Above this entry. $1,400–$1,600: 181 counties (6%). Above this entry. $1,600–$1,800: 172 counties (5%). Above this entry. $1,800–$2,000: 108 counties (3%). Above this entry. $2,000–$2,200: 29 counties (1%). Above this entry. $2,200–$2,400: 40 counties (1%). Above this entry. $2,400–$2,600: 13 counties (0%). Above this entry. $2,600–$2,800: 9 counties (0%). Above this entry. $2,800–$3,000: 15 counties (0%). Above this entry. $3,000–$3,200: 3 counties (0%). Above this entry. $3,200–$3,400: 1 counties (0%). Above this entry. $3,400–$3,600: 1 counties (0%). Above this entry. $3,600–$3,800: 3 counties (0%). Above this entry. $3,800–$4,000: 0 counties (0%). Above this entry. $4,000–$4,200: 0 counties (0%). Above this entry. $4,200–$4,400: 1 counties (0%). Above this entry. This county $600 $4,400 every US county, bucketed by value

Each bar is a $0.2K-wide band; taller bars hold more counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Department of Housing and Urban Development, Fair Market Rents · FY2026

How Cheyenne compares on 1-bedroom rent

1-bedroom FMR vs other Colorado counties

1BR FMR / mo

What this shows Cheyenne is highlighted. Nearby Colorado counties by 1-bedroom FMR, highest to lowest: Denver County ($1,754), Arapahoe County ($1,754), Jefferson County ($1,754), Adams County ($1,754), Douglas County ($1,754), El Paso County ($1,464), Cheyenne County (this county) ($796).

Source U.S. Department of Housing and Urban Development (HUD) As of FY2026

Can Common Jobs Afford Rent Here?

With a below-average 1-bedroom at $796/mo, most of these Colorado occupations clear, or miss, the 30% affordability line.

Occupation CO Salary Rent Burden Verdict
Software Developers $134,540 7.1% Affordable
General & Operations Managers $130,340 7.3% Affordable
Registered Nurses $96,520 9.9% Affordable
Police & Sheriff's Patrol Officers $96,100 9.9% Affordable
Accountants & Auditors $90,030 10.6% Affordable
Paralegals & Legal Assistants $73,380 13% Affordable
Electricians $62,090 15.4% Affordable
Elementary School Teachers $61,550 15.5% Affordable
Heavy & Tractor-Trailer Truck Drivers $60,260 15.9% Affordable
Pharmacy Technicians $48,070 19.9% Affordable
Customer Service Representatives $46,020 20.8% Affordable
Janitors & Cleaners $37,270 25.6% Affordable
Retail Salespersons $36,960 25.8% Affordable
Fast Food & Counter Workers $35,440 27% Affordable
Teaching Assistants $31,390 30.4% Stretched
Salaries: BLS OES (Colorado) median · 30% = affordable threshold · Try the salary calculator →

7-year Fair Market Rent history for Cheyenne County. Shows how HUD rental rates have changed over time.

Over the 6-year span HUD has tracked for Cheyenne (FY 2020-2026), the 1-bedroom Fair Market Rent has risen 46.9% overall, from $542 to $796. Most of that movement was gradual except for a single sharp jump of +13.7% in FY 2025, well above this county's typical year-to-year change.

$500$600$700$800$900 FY2020FY2021FY2022FY2023FY2024FY2025FY2026 $796
Cheyenne County 1-bedroom Fair Market Rent, FY2020–FY2026
Year Studio 1 BR 2 BR
FY 2026 ↓0.9% $790 $796 $1,044
FY 2025 ↑13.7% $797 $803 $1,053
FY 2024 ↑12.4% $701 $706 $927
FY 2023 ↑9.2% $623 $628 $826
FY 2022 ↑3.2% $572 $575 $757
FY 2021 ↑2.8% $553 $557 $734
FY 2020 $539 $542 $714
Total change (6yr): +46.9%
Annualized: +6.6%/yr
1 BR: $542 → $796

Where Cheyenne County Ranks in Colorado

Cheyenne County is not part of any federally-designated metropolitan or micropolitan statistical area -- an independent rental market not administratively tied to a larger urban core. By 2-bedroom FMR, it ranks #14 of 64 counties in Colorado. Nearest by rank: Sedgwick County ($973), Saguache County ($975), Jackson County ($989), Alamosa County ($999), Rio Blanco County ($1,009), Huerfano County ($1,013), Lincoln County ($1,016), Bent County ($1,019), Cheyenne County (this county) ($1,044), Phillips County ($1,054), Yuma County ($1,061), Kit Carson County ($1,093), Rio Grande County ($1,094), Logan County ($1,101), Custer County ($1,112), Delta County ($1,114), Washington County ($1,114).

Nationwide peers by 2BR FMR & rent burden

Two PlainRent-derived comparison paths for Cheyenne County, both outside Colorado so the link neighborhoods are not the same-state geography lattice above. Axes stay disjoint: burden peers exclude the FMR peer set.

Nearby Counties in Colorado

Largest counties by population in Colorado

Showing the 8 largest of 63 other counties in Colorado.

Frequently Asked Questions

What is the average rent in Cheyenne County?
The FY 2026 Fair Market Rent for a 1-bedroom in Cheyenne County is $796 per month. A 2-bedroom is $1,044 and a studio is $790.
How does Cheyenne County rent compare to the national average?
Rent in Cheyenne County is 17% below the national average. A 1-bedroom here costs $796 compared to $959 nationally.
Where does Cheyenne County rank nationally for Fair Market Rent?
According to HUD's FY 2026 Fair Market Rent schedule, Cheyenne County's 2-bedroom FMR of $1,044 ranks #1,510 most expensive among 3,145 HUD counties, placing it in the middle half of HUD counties.
What income do I need to afford rent in Cheyenne County?
Based on the 30% affordability rule, you need an annual income of at least $31,840 ($2,653/month) to afford a 1-bedroom at Fair Market Rent in Cheyenne County.
Is rent going up or down in Cheyenne County?
The 1-bedroom Fair Market Rent in Cheyenne County decreased by 0.9% from FY 2025 to FY 2026, going from $803 to $796.
Which jobs can afford rent in Cheyenne County?
Based on Colorado BLS salary data and the 30% affordability rule, jobs like Software Developers, General and Operations Managers, Registered Nurses can afford a 1-bedroom at $796/mo. 14 of 15 common occupations are affordable here.
How much has rent changed in Cheyenne County over time?
The 1-bedroom Fair Market Rent in Cheyenne County went from $542 in FY 2020 to $796 in FY 2026, a total change of +46.9% over 6 years.
How does Fair Market Rent affect Section 8 vouchers in Cheyenne County?
In Cheyenne County, the FY 2026 FMR of $796/mo for a 1-bedroom sets the baseline that local housing authorities use for Section 8 payment standards.
What does Fair Market Rent mean for Cheyenne County?
For Cheyenne County, it's the specific 40th-percentile rent HUD publishes each year ($796/mo for a 1-bedroom in FY 2026).

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Census Bureau and HUD Fair Market Rents. Consult a qualified professional before making decisions based on this data.

Every figure on PlainRent is rendered directly from HUD's published Fair Market Rent records, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of FY 2026.