Cheyenne is a western heritage town that is filled with rodeos, cowboys, and lucrative real estate investments. As the state capital, there is a stable and beneficial government presence in Cheyenne which helps to create a reliable employment base. Major employers include the State of Wyoming, the F.E. Warren Air Force Base, Cheyenne Regional Medical Center, and Union Pacific Railroad. All of these entities provide steady income streams while also attracting professionals and their families.
The city is home to the annual Cheyenne Frontier Days, one of the largest rodeo and western celebrations in the world, and it draws thousands of visitors every year. Its parks, trails, and proximity to the Rocky Mountains only add to its appeal. Plus, there is no state income tax in Wyoming, making Cheyenne an ideal place for real estate investment.
The historic Avenues neighborhood is popular for its charming older homes, while the Saddle Ridge area is known for its newer developments, larger homes, and excellent school districts. Cheyenne's affordable real estate market and the potential for appreciation here make it an attractive opportunity to investors.
Popular Streets in Cheyenne, Wyoming
10th St21732$285,5601,479 Sq.Ft.5/23/202518th St24534$273,5463,973 Sq.Ft.4/1/20256th St25532$287,0651,642 Sq.Ft.5/16/2025College Dr27442$199,6083,581 Sq.Ft.4/28/2025Greeley Hwy55732$132,3272,282 Sq.Ft.4/1/2025Pershing Blvd28533$365,3884,126 Sq.Ft.6/3/2025Prosser Rd30832$152,4401,356 Sq.Ft.3/31/2025Ridge Rd22142$305,6632,039 Sq.Ft.5/1/2025Various Locations321N/AN/AN/AN/AN/AWilliams St31832$125,6401,135 Sq.Ft.1/24/2025All Streets in Cheyenne, Wyoming
Pacific Ave26N/AN/AN/A24,554 Sq.Ft.2/3/2025Packard Rd1333$502,1822,340 Sq.Ft.7/31/2023Pack Saddle Rd1733$605,5632,331 Sq.Ft.9/12/2024Paintbrush Ct1032$346,0001,856 Sq.Ft.12/20/2024Painted Horse Trl1264$1,097,7274,967 Sq.Ft.11/1/2021Painted Rock Trl7433N/A1,613 Sq.Ft.4/25/2025Painted Sky Rd633$781,6003,649 Sq.Ft.5/7/2019Palen Ranch Rd144$694,0003,352 Sq.Ft.7/29/2024Palen Rd1943$710,3893,187 Sq.Ft.7/30/2024Palmer St4N/A1$257,750535 Sq.Ft.N/APalm Springs Ave3143$712,0423,694 Sq.Ft.11/25/2024Pamela Ln333$588,0001,942 Sq.Ft.5/2/2022Panorama Ct642$356,6671,577 Sq.Ft.12/19/2023Panorama Dr5043$389,9381,925 Sq.Ft.8/7/2024Panther Trak553$639,5002,270 Sq.Ft.10/17/2023Paradise Pointe623N/A3,093 Sq.Ft.6/24/2021Park Ave3042$371,1722,147 Sq.Ft.5/6/2025Parkhill Rd3N/A3$468,0003,073 Sq.Ft.11/3/2011Park Pl1832$279,8331,242 Sq.Ft.7/18/2024Parkside Dr3843$433,4472,200 Sq.Ft.3/31/2025Parkview Dr2435$385,5004,634 Sq.Ft.2/12/2025Parsley Ave1N/AN/AN/AN/AN/AParsley Blvd8N/AN/AN/A8,985 Sq.Ft.12/10/2020Parsons Pl1N/A2$349,0002,150 Sq.Ft.N/AParsons St1N/AN/AN/A9,302 Sq.Ft.11/23/2020Pasadena Dr643$418,5002,214 Sq.Ft.6/7/2018Pasadena Rd2543$378,2501,880 Sq.Ft.4/24/2025Pass Trl2732$250,0741,612 Sq.Ft.4/7/2025Pathfinder Ave3232$343,1881,759 Sq.Ft.8/30/2024Patio Dr22373$358,09188,621 Sq.Ft.5/9/2025Patricia Ct343$569,0002,629 Sq.Ft.7/22/2024Patricia Ln2N/A2$618,0002,133 Sq.Ft.6/3/2016Patrick Rd1532$571,0001,727 Sq.Ft.8/16/2023Pattison Ave6043$512,4522,821 Sq.Ft.1/10/2025Patton Ave6433$286,8571,634 Sq.Ft.2/21/2025Pawnee Ave1042$425,8002,205 Sq.Ft.8/12/2022Peace Pointe633N/A2,822 Sq.Ft.9/9/2020Peach St1632$409,6251,667 Sq.Ft.10/15/2024Pearl Ct1642$494,1332,198 Sq.Ft.8/15/2024Pebble Bend Ct632$377,8331,441 Sq.Ft.1/28/2025Pebrican Ave3232$320,7501,869 Sq.Ft.3/26/2025Pegasus Pt443$774,2502,992 Sq.Ft.8/7/2019Pennsylvania Ave1532$353,7331,578 Sq.Ft.5/9/2025Penny Ln1632$237,0001,218 Sq.Ft.3/26/2025Perri Ln1N/AN/AN/A2,860 Sq.Ft.N/APershing Blvd28533$365,3884,126 Sq.Ft.6/3/2025Persons Rd9732$260,6031,636 Sq.Ft.12/4/2024Petersen Dr2343$536,9471,912 Sq.Ft.6/29/2023Pharmond Trl544$1,134,7503,712 Sq.Ft.6/1/2021Phillips Pl952$450,5002,184 Sq.Ft.3/5/2024Phipps Ave1332$522,9231,718 Sq.Ft.5/13/2025Phoenix Dr5742$366,8211,929 Sq.Ft.6/2/2025Piccadilly Dr2731$272,111928 Sq.Ft.12/19/2023Pierce Ave6532$320,9811,555 Sq.Ft.9/7/2023Pike St3042$449,0342,534 Sq.Ft.2/29/2024Pine Ave4532$325,1821,597 Sq.Ft.3/31/2025Pine Bluffs St643$544,5002,533 Sq.Ft.12/9/2022Pine Bluff St2N/AN/AN/AN/AN/APine Dr1832$415,2782,146 Sq.Ft.7/15/2024Pineridge Ave5342$356,5472,025 Sq.Ft.12/13/2024Pine Tree Rd3N/A3$780,3333,011 Sq.Ft.9/15/2020Pinetree Rd1N/AN/AN/AN/AN/APinion Dr2932$381,4481,853 Sq.Ft.5/9/2025Pinto Ln2542$362,5601,853 Sq.Ft.7/17/2024Pioneer Ave7742$446,7454,991 Sq.Ft.5/16/2025Piper Ln1843$583,8332,830 Sq.Ft.7/10/2024Pitchfork Rd1N/A2$383,0002,143 Sq.Ft.12/1/2020Pitman Rd1233$741,6672,573 Sq.Ft.10/4/2023Plains Ave132$395,0002,234 Sq.Ft.1/13/2023Plains Rd1242$535,1672,131 Sq.Ft.5/31/2024Plains View Ct2N/A2$721,0002,629 Sq.Ft.N/APlains View Dr16N/A2$329,3331,856 Sq.Ft.4/4/2022Plain View Rd6943$462,4182,312 Sq.Ft.4/30/2025Plateau Ct853$475,8752,396 Sq.Ft.6/11/2024Platte Ave1542$316,0001,757 Sq.Ft.5/7/2021Pleasant Valley Trl6432$127,5561,292 Sq.Ft.1/19/2000Plum Dr1332$298,4621,523 Sq.Ft.5/2/2025Plum St2242$324,9091,571 Sq.Ft.12/16/2022Poco Bueno Dr244$755,0003,128 Sq.Ft.11/6/2020Poco Bueno Pl1N/AN/AN/AN/A3/12/2015Point Blf3532$520,5882,151 Sq.Ft.2/12/2025Pointe Pinnacle643$542,1673,011 Sq.Ft.4/16/2025Polar Blf443$429,5002,294 Sq.Ft.12/1/2023Polaris Pt343$807,6673,123 Sq.Ft.1/27/2025Polar Star Ct463$1,098,2503,633 Sq.Ft.11/8/2024Pole Mountain Rd1343$713,0003,449 Sq.Ft.6/6/2025Polk Ave3632$307,7065,644 Sq.Ft.2/26/2025Polo Plate1243$594,8332,538 Sq.Ft.11/8/2024Polo Ranch Rd13N/A2$447,7782,024 Sq.Ft.12/24/2001Ponderosa Rd443$472,0002,493 Sq.Ft.5/6/2025Ponderosa Trl1143$584,1822,960 Sq.Ft.6/4/2024Pontillo Dr832$372,7502,352 Sq.Ft.6/1/2021Pony Express Rd653$568,1672,749 Sq.Ft.3/22/2024Poplar Ct814$450,3332,776 Sq.Ft.10/31/2018Portugee Phillips Rd1243$599,0912,633 Sq.Ft.5/20/2025Potomac St1442$372,2141,838 Sq.Ft.1/24/2025Poulos Dr1542$378,4001,883 Sq.Ft.4/9/2025Powderhouse Dr1N/AN/AN/AN/A5/27/2011Powderhouse Rd9943$594,2503,102 Sq.Ft.6/2/2025Powell Rd3043$655,2502,807 Sq.Ft.4/15/20243969 Meadow Dove LnBurns, WY 82053
Estimated Value $588,000
Living Area 2,736 SqFt
Beds 3
Baths 2
Year Built 2004
Property Type Single Family
Ownership Type Related
APN 4-1157-0056-0000-0
Subdivision Antelope Meadows, 3rd Filing, Survey Of
School District Laramie County School District 2
1389 Black Cloud RdCheyenne, WY 82009
Estimated Value $462,000
Living Area 2,940 SqFt
Beds 5
Baths 3
Year Built 2006
Property Type Single Family
Ownership Type Related
APN 4-7293-0002-0000-0
Subdivision Prairie Thunder Estates, Survey Of
School District Laramie County School District 2
5404 Eastview StCheyenne, WY 82001
Estimated Value $379,000
Living Area 1,908 SqFt
Beds 4
Baths 2
Year Built 1980
Property Type Single Family
Ownership Type Multiple
APN 1-4855-0010-0011-0
Subdivision Imperial Valley
School District Laramie County School District 1
6916 Hitching Post LnCheyenne, WY 82001
Estimated Value $604,000
Living Area 2,063 SqFt
Beds 5
Baths 3
Year Built 2012
Property Type Single Family
Ownership Type Individual
APN 1-7897-0012-0021-1
Subdivision Saddle Ridge
School District Laramie County School District 1
5841 Kenosha StCheyenne, WY 82001
Estimated Value $523,000
Living Area 2,760 SqFt
Beds 5
Baths 3.5
Year Built 2010
Property Type Single Family
Ownership Type Individual
APN 1-3190-0002-0004-0
Subdivision Dakota Crossing
School District Laramie County School District 1
4020 Summerset DrBurns, WY 82053
Estimated Value $367,000
Living Area 2,072 SqFt
Beds 4
Baths 2
Year Built 2000
Property Type Single Family
Ownership Type Related
APN 1-7937-0002-0000-0
Subdivision Seasons Estates, The
School District Laramie County School District 2
6701 Chickadee DrCheyenne, WY 82009
Estimated Value $710,000
Living Area 3,248 SqFt
Beds 4
Baths 3.5
Year Built 1998
Property Type Single Family
Ownership Type Individual
APN 1-5700-0023-0000-0
Subdivision Meadowlark Estates
School District Laramie County School District 1
6817 Reese RdCheyenne, WY 82009
Estimated Value $653,000
Living Area 2,396 SqFt
Beds 3
Baths 3
Year Built 1988
Property Type Single Family
Ownership Type Related
APN 1-5556-0001-0000-0
Subdivision Magee Tracts
School District Laramie County School District 1
3621 Purple Sage RdCheyenne, WY 82001
Estimated Value $622,000
Living Area 2,986 SqFt
Beds 5
Baths 3
Year Built 2015
Property Type Single Family
Ownership Type Related
APN 1-7901-0003-0017-0
Subdivision Saddle Ridge, 4th Filing
School District Laramie County School District 1
3332 Hales Ranch RdCheyenne, WY 82007
Estimated Value $698,000
Living Area 2,961 SqFt
Beds 4
Baths 3.5
Year Built 2004
Property Type Single Family
Ownership Type Related
APN 1-4766-0023-0000-0
Subdivision Hr Ranch
School District Laramie County School District 1
7914 Surrey RdCheyenne, WY 82009
Estimated Value $493,000
Living Area 2,020 SqFt
Beds 3
Baths 2.5
Year Built 1997
Property Type Single Family
Ownership Type Related
APN 1-7387-0033-0000-0
Subdivision Ranch Home Estates
School District Laramie County School District 1
3531 Gunsmoke RdCheyenne, WY 82001
Estimated Value $556,000
Living Area 1,694 SqFt
Beds 5
Baths 4
Year Built 2011
Property Type Single Family
Ownership Type Individual
APN 1-7897-0021-0013-1
Subdivision Saddle Ridge
School District Laramie County School District 1
6912 Christensen RdCheyenne, WY 82009
Estimated Value $650,000
Living Area 2,082 SqFt
Beds 4
Baths 3
Year Built 1986
Property Type Single Family
Ownership Type Multiple
APN 1-8400-0000-0008-0
Subdivision Stearns Subdivision
School District Laramie County School District 1
1357 Crimson TrlHillsdale, WY 82060
Estimated Value $528,000
Living Area 1,920 SqFt
Beds 4
Baths 2
Year Built 2015
Property Type Single Family
Ownership Type Individual
APN 4-9333-0003-0000-0
Subdivision Wildflower Ranch Iv Subdivision, Survey
School District Laramie County School District 2
5309 Carmel DrCheyenne, WY 82009
Estimated Value $534,000
Living Area 1,312 SqFt
Beds 3
Baths 2
Year Built 2020
Property Type Single Family
Ownership Type Related
APN 1-9265-0004-0003-0
Subdivision Whitney Ranch, 1st Filing
School District Laramie County School District 1
7084 Elizabeth RdCheyenne, WY 82009
Estimated Value $848,000
Living Area 4,616 SqFt
Beds 5
Baths 3.5
Year Built 2003
Property Type Single Family
Ownership Type Related
APN 1-1744-0064-0000-0
Subdivision Bison Run, 2nd Filing
School District Laramie County School District 1