FY2027 Small Area FMR · Cheyenne, WY

ZIP 82003 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 82003 (Cheyenne, WY) is $1,230 a month, up 5.1% from FY2026. That is 0% equal to the Cheyenne, WY area-wide FMR of $1,228.

2-bedroom SAFMR$1,230per month ▲ 5.1%

Area-wide 2 BR FMR$1,228Cheyenne, WY

Rank in the area8thof 17 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,107

2 BR Small Area FMR$1,230

110% of SAFMR$1,353

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$860▲ 6.2%

1 BR$960▲ 5.5%

2 BR$1,230▲ 5.1%

3 BR$1,700▲ 4.3%

4 BR$2,060▲ 5.1%

FY2027 FY2026

Where 82003 sits in the Cheyenne, WY area

Of the 17 ZIP codes HUD lists for the area, 82003 has the 8th highest two-bedroom Small Area FMR. Cheyenne, WY is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,228 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,230 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$860	$774 – $946	$855	$810
1 bedroom	$960	$864 – $1,056	$963	$910
2 bedrooms	$1,230	$1,107 – $1,353	$1,228	$1,170
3 bedrooms	$1,700	$1,530 – $1,870	$1,700	$1,630
4 bedrooms	$2,060	$1,854 – $2,266	$2,053	$1,960

A household renting a two-bedroom home at the Small Area FMR of $1,230 needs about $49,200 a year to keep housing costs at 30% of income. The area median family income is $104,400 and the 80% low-income limit for four people is $83,500. ZIP code 82003 lies mainly in Laramie County. See the Cheyenne, WY county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
82060	Hillsdale	9.4 mi	$1,260
82007	Cheyenne	9.7 mi	$1,290
82005	Fe Warren Afb	12.5 mi	$1,220
82009	Cheyenne	14.2 mi	$1,260
82053	Burns	15.4 mi	$1,330
82001	Cheyenne	16.8 mi	$1,210

Questions

What is the Fair Market Rent for ZIP code 82003?

HUD's FY2027 Small Area Fair Market Rents for 82003 are $860 (studio), $960 (1 BR), $1,230 (2 BR), $1,700 (3 BR) and $2,060 (4 BR) a month.

What is the Section 8 payment standard in 82003?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 82003 that range is $1,107 to $1,353 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 82003?

The FY2026 income limits of the Cheyenne, WY area apply: median family income $104,400, low-income (80%) limit $83,500 for a family of four.