Cheyenne, WY home prices
Typical home $390,070 · +3.4% in a year · income needed $106,200
The Cheyenne, WY metro area ranks 160 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +3.4% in a year and +15.9% over five years. With 20% down at 7.11%, the typical home costs about $2,479 a month including 0.57% property tax (Laramie County rate).
Mortgage on the typical Cheyenne home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $78,014 | $312,056 | $2,099 | $0 | $380 | $2,479 | $106,200 |
| 10% down | $39,007 | $351,063 | $2,362 | $146 | $380 | $2,888 | $123,800 |
| 5% down | $19,503 | $370,566 | $2,493 | $154 | $380 | $3,027 | $129,700 |
| 3.5% down (FHA) | $13,652 | $383,004 | $2,576 | $173 | $380 | $3,129 | $134,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.57% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Cheyenne area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Laramie County, WY | $390,068 | +3.4% | 0.57% |
What can you afford in Wyoming on your salary? · Wyoming home prices · Salaries in Wyoming
Frequently asked questions
How much is a house in Cheyenne?
The typical home in the Cheyenne, WY metro area is worth $390,070 (Zillow, September 2026).
What salary do you need to buy a house in Cheyenne?
About $106,200 a year for the typical home with 20% down at 7.11%.