Cheyenne, WY Metro Area - Investment Guide
Metro Area • 3 Cities • 6 ZIP Codes
Avg Home Value
$408,502
Avg Monthly Rent
$1,387
Avg Cap Rate
2.75%
Avg Investability
3.0 ★
Cities
3
ZIP Codes
6
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Market Trends
Metro Home Value History
Metro Rent History
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
⚖️
BALANCED MARKET
Cheyenne, WY Metro Area
Even conditions for buyers and sellers
36 days
Average time to sell
Average
10.4%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of August 29, 2026 — updated weekly
Best ZIP codes in Cheyenne, WY
Every ZIP in the metro, ranked four ways. Free.
Cities in Cheyenne, WY
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 82082 | Albin | WY | $320,286 | $1,242 | 3.02% | |
| 82001 | Cheyenne | WY | $351,051 | $1,395 | 3.10% | |
| 82007 | Cheyenne | WY | $325,580 | $1,522 | 3.65% | |
| 82009 | Cheyenne | WY | $497,173 | $1,669 | 2.62% | |
| 82053 | Burns | WY | $436,842 | $1,323 | 2.36% | |
| 82054 | Carpenter | WY | $507,858 | $1,053 | 1.62% | |
| 82001 | Cheyenne | WY | $335,970 | $1,264 | 2.94% | |
| 82007 | Cheyenne | WY | $313,561 | $1,378 | 3.43% | |
| 82082 | Albin | WY | $333,070 | $1,242 | 2.91% | |
| 82009 | Cheyenne | WY | $481,135 | $1,586 | 2.57% | |
| 82053 | Burns | WY | $401,995 | $1,323 | 2.57% | |
| 82054 | Carpenter | WY | $478,689 | $1,053 | 1.72% | |
| 82082 | Albin | WY | $310,133 | $1,242 | 3.12% | |
| 82001 | Cheyenne | WY | $349,273 | $1,373 | 3.07% | |
| 82007 | Cheyenne | WY | $323,676 | $1,481 | 3.57% | |
| 82009 | Cheyenne | WY | $492,451 | $1,714 | 2.72% | |
| 82053 | Burns | WY | $427,123 | $1,323 | 2.42% | |
| 82054 | Carpenter | WY | $494,868 | $1,053 | 1.66% | |
| 82001 | Cheyenne | WY | $335,970 | $1,264 | 2.94% | |
| 82007 | Cheyenne | WY | $313,561 | $1,378 | 3.43% | |
| 82082 | Albin | WY | $328,934 | $1,242 | 2.95% | |
| 82009 | Cheyenne | WY | $481,135 | $1,586 | 2.57% | |
| 82053 | Burns | WY | $401,995 | $1,323 | 2.57% | |
| 82054 | Carpenter | WY | $478,689 | $1,053 | 1.72% | |
| 82082 | Albin | WY | $310,133 | $1,242 | 3.12% | |
| 82001 | Cheyenne | WY | $347,569 | $1,303 | 2.92% | |
| 82007 | Cheyenne | WY | $322,673 | $1,549 | 3.74% | |
| 82009 | Cheyenne | WY | $490,944 | $1,808 | 2.87% | |
| 82053 | Burns | WY | $423,977 | $1,323 | 2.43% | |
| 82054 | Carpenter | WY | $493,397 | $1,053 | 1.66% | |
| 82082 | Albin | WY | $325,633 | $1,242 | 2.98% | |
| 82001 | Cheyenne | WY | $352,186 | $1,410 | 3.12% | |
| 82007 | Cheyenne | WY | $326,310 | $1,592 | 3.80% | |
| 82009 | Cheyenne | WY | $497,484 | $1,705 | 2.67% | |
| 82053 | Burns | WY | $436,946 | $1,323 | 2.36% | |
| 82054 | Carpenter | WY | $506,948 | $1,053 | 1.62% | |
| 82001 | Cheyenne | WY | $340,289 | $1,364 | 3.13% | |
| 82007 | Cheyenne | WY | $316,610 | $1,564 | 3.85% | |
| 82082 | Albin | WY | $331,139 | $1,242 | 2.93% | |
| 82009 | Cheyenne | WY | $481,886 | $1,761 | 2.85% | |
| 82053 | Burns | WY | $414,588 | $1,323 | 2.49% | |
| 82054 | Carpenter | WY | $479,167 | $1,053 | 1.71% |
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About Cheyenne, WY Real Estate Market
The Cheyenne, WY metropolitan statistical area (MSA) encompasses 3 cities and 6 ZIP codes. The average home value across the metro is $408,502, with an average monthly rent of $1,387. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.