FY2027 Small Area FMR · Cheyenne, WY

ZIP 82007 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 82007 (Cheyenne, WY) is $1,290 a month, up 4.0% from FY2026. That is 5% above the Cheyenne, WY area-wide FMR of $1,228.

2-bedroom SAFMR$1,290per month ▲ 4.0%

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

Rank in the area4thof 17 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,161

2 BR Small Area FMR$1,290

110% of SAFMR$1,419

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

Studio$900▲ 5.9%

1 BR$1,010▲ 4.1%

2 BR$1,290▲ 4.0%

3 BR$1,790▲ 4.1%

4 BR$2,160▲ 3.8%

FY2027 FY2026

Where 82007 sits in the Cheyenne, WY area

Of the 17 ZIP codes HUD lists for the area, 82007 has the 4th 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 $1,290 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	$900	$810 – $990	$855	$850
1 bedroom	$1,010	$909 – $1,111	$963	$970
2 bedrooms	$1,290	$1,161 – $1,419	$1,228	$1,240
3 bedrooms	$1,790	$1,611 – $1,969	$1,700	$1,720
4 bedrooms	$2,160	$1,944 – $2,376	$2,053	$2,080

A household renting a two-bedroom home at the Small Area FMR of $1,290 needs about $51,600 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 82007 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
82005	Fe Warren Afb	10.6 mi	$1,220
82001	Cheyenne	12.8 mi	$1,210
80612	Carr	16.6 mi	$1,800
82060	Hillsdale	17.0 mi	$1,260
82054	Carpenter	17.3 mi	$1,230
82053	Burns	20.6 mi	$1,330

Questions

What is the Fair Market Rent for ZIP code 82007?

HUD's FY2027 Small Area Fair Market Rents for 82007 are $900 (studio), $1,010 (1 BR), $1,290 (2 BR), $1,790 (3 BR) and $2,160 (4 BR) a month.

What is the Section 8 payment standard in 82007?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 82007 that range is $1,161 to $1,419 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 82007?

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.