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Cheyenne city, WY

ZIP 82007 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 82007

Median Home Value
$218,400
Median Rent
$934
Affordability Snapshot
$60,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,403/mo PITI).

20%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.9x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

19.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 82007 in Cheyenne city, WY, a household would need roughly $60,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,403. That is roughly in line with the local median household income ($55,461). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
62.9%-4% vs US avg
x
Vacancy Rate
5.1%-50% vs US avg
x
Broadband Access
86.2%-1% vs US avg
x
4+ Bedrooms
4.2%-72% vs US avg
x
Built Pre-1939
5.3%-59% vs US avg
x
Built Post-2014
1.1%-84% vs US avg
x
Rent Burden >30%
23.9%-52% vs US avg
x
Mortgage-Free
39.8%+4% vs US avg
x
$218,400
Home Value
$934
Rent
1989
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached50.3%
  • 1-unit attached8.6%
  • 2-9 units10.7%
  • 10+ units6.3%
  • Mobile home & other24.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$218,400
Median rent$934
Owner-occupied62.9%
Vacant5.1%
Price-to-income3.9x
Est. income to buy$60,000