Real Estate Investing in Cheyenne County, Colorado

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

2 ZIP codes • Population: 1,468

Should you buy in Cheyenne County, CO? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (73/100)

Solid choice β€” values are growing steadily and the market is stable enough to buy with confidence.

πŸ“ˆ For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 22.9% of homes vacant β€” above national norms.

What’s happening in Cheyenne County, CO?

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3.0/ 5

Investability

County-wide average

4.0/ 5

Appreciation

7.2% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $188,122
Avg Monthly Rent $909
ZIP Codes 2

Investing in Cheyenne County Real Estate

Cheyenne County is one of those Colorado regions where numbers warn before they reward. 2 cities, 1,468 residents, and a rating that reflects material risk.

Investors considering Cheyenne, Colorado should understand what the β˜…β˜…β˜…β˜†β˜† rating represents β€” a region with material challenges, not a temporary rough patch.

The 0% renter share in Cheyenne masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Cheyenne County, CO. Anonymous, moderated, never written by AI.

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Avg Home Value
$188,122
Avg Monthly Rent
$909
1% Rule
βœ— Below
Landlord Friendly (CO)
β˜…β˜…β˜…β˜…β˜…

Cities in Cheyenne County

ZIP Codes in Cheyenne County, CO

Screen every market in Cheyenne County

Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

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Frequently Asked Questions About Cheyenne County

What are rental rates like in, CO?

, CO rentals go for roughly $909/mo a month. That puts gross yield in solid territory relative to $188K acquisition costs.

What is the median home value in, CO?

, CO home values average about $188K. That price point suits investors targeting rentals with $909/mo in monthly income.

How high is vacancy risk in, CO?

Vacancy in, CO is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $909/mo.

Is the tenant base reliable in, CO?

, CO offers a reliable renter base at the $909/mo rent level. Tenant turnover is reasonable for well-managed properties.

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