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 St21932$285,3481,472 Sq.Ft.6/27/202518th St25434$273,5463,889 Sq.Ft.6/23/20256th St25832$286,6951,652 Sq.Ft.6/20/2025College Dr27442$199,6083,610 Sq.Ft.6/27/2025Greeley Hwy56932$132,1522,256 Sq.Ft.6/16/2025Pershing Blvd29133$365,3884,109 Sq.Ft.6/13/2025Prosser Rd31332$152,9551,353 Sq.Ft.3/31/2025Ridge Rd22442$305,4492,160 Sq.Ft.5/1/2025Various Locations343N/AN/AN/AN/AN/AWilliams St31932$125,6401,135 Sq.Ft.1/24/2025All Streets in Cheyenne, Wyoming
Windmill Rd10342$339,6674,137 Sq.Ft.6/17/2025Wind River Trl1743$985,6674,350 Sq.Ft.5/14/2024Windsor Blvd4442$340,0681,538 Sq.Ft.6/27/2025Windwood Dr2N/A43$260,00035,428 Sq.Ft.7/3/2021Windy Ln132$691,0002,310 Sq.Ft.11/30/2023Wineglass Ct1N/A2N/A2,640 Sq.Ft.12/4/2024Wineglass Rd632$838,0002,068 Sq.Ft.5/22/2025Woodcrest Ave1142$358,2731,806 Sq.Ft.6/30/2023Woodhaven Dr3033$408,0001,788 Sq.Ft.4/4/2025Woodhouse Dr3N/AN/AN/A1 Sq.Ft.N/AWoodhouse Rd5N/A1$322,2001,485 Sq.Ft.4/11/2003Woods Rd1942$519,7782,160 Sq.Ft.11/13/2024Woodward Dr1942$318,7891,674 Sq.Ft.5/1/2025Worth Dr3942$323,6921,790 Sq.Ft.9/13/2024W Plains Rd2N/AN/AN/AN/A4/30/2015Wrangler Rd2543$611,2502,666 Sq.Ft.7/11/2024Wright Ct1021$265,900980 Sq.Ft.12/14/2023Wyott Dr3050N/AN/A200,267 Sq.Ft.7/6/2017Yarina Way1743$605,5292,235 Sq.Ft.6/13/2025Yellow Bear Rd1443$585,2862,809 Sq.Ft.9/10/2024Yellowstone Rd10053$606,2869,487 Sq.Ft.5/21/2025Yellowstone Service Rd1N/A4$867,0005,158 Sq.Ft.N/AYellowtail Rd4N/AN/AN/A12,367 Sq.Ft.3/31/2004York Ave1531$324,3331,454 Sq.Ft.12/20/2024Yucca Rd1553$416,5332,728 Sq.Ft.3/26/2025Zelma Dr943$744,7502,596 Sq.Ft.6/6/2025716 Mylar Park DrCheyenne, WY 82009
Estimated Value $483,000
Living Area 2,959 SqFt
Beds 4
Baths 3
Year Built 1986
Property Type Apt House 5+ Units
Ownership Type Trust
APN 1-3376-0001-0003-0
Subdivision Dry Creek North Refinement A
School District Laramie County School District 1
4700 Sagebrush AveCheyenne, WY 82009
Estimated Value $285,000
Living Area 1,353 SqFt
Beds 2
Baths 1
Year Built 1959
Property Type Single Family
Ownership Type Individual
APN 1-3922-0005-0001-0
Subdivision Frontier Gardens, 2nd Filing, Blocks 2 &
School District Laramie County School District 1
3504 Essex RdCheyenne, WY 82001
Estimated Value $374,000
Living Area 2,496 SqFt
Beds 4
Baths 2
Year Built 1953
Property Type Single Family
Ownership Type Multiple
APN 1-3448-0006-0015-0
Subdivision Eastridge
School District Laramie County School District 1
1818 Evans Ave #7Cheyenne, WY 82001
Estimated Value $181,000
Living Area 50,308 SqFt
Beds 1
Baths 42
Year Built 1921
Property Type Condominium
Ownership Type Individual
APN 1-5156-0000-0009-0
Subdivision Landmark Condominiums, The
School District Laramie County School District 1
2420 Apache StCheyenne, WY 82009
Estimated Value $415,000
Living Area 2,204 SqFt
Beds 4
Baths 3
Year Built 1976
Property Type Single Family
Ownership Type Multiple
APN 1-1129-0002-0009-0
Subdivision Anderson Estates, Blks 1 & 2
School District Laramie County School District 1
408 E 20th StCheyenne, WY 82001
Estimated Value $303,000
Living Area 1,406 SqFt
Beds 3
Baths 2
Year Built 1917
Property Type Single Family
Ownership Type Multiple
APN 1-1001-0261-0006-0
Neighborhood Rainsford
School District Laramie County School District 1
3509 Silvergate DrCheyenne, WY 82001
Estimated Value $433,000
Living Area 2,226 SqFt
Beds 4
Baths 3
Year Built 1988
Property Type Single Family
Ownership Type Mixed
APN 1-8050-0002-0024-0
Subdivision Silvergate Addition
School District Laramie County School District 1
1527 Elm CtCheyenne, WY 82001
Estimated Value $300,000
Living Area 1,384 SqFt
Beds 2
Baths 2
Year Built 1951
Property Type Single Family
Ownership Type Related
APN 1-6157-0029-0013-0
Subdivision Mountview Park, 1st Filing, Blocks 4-7,
School District Laramie County School District 1
2762 Spruce DrCheyenne, WY 82001
Estimated Value $372,000
Living Area 2,082 SqFt
Beds 4
Baths 2
Year Built 1955
Property Type Single Family
Ownership Type Individual
APN 1-6159-0014-0014-0
Subdivision Mountview Park, 2nd Filing, Blocks 2,3,8
School District Laramie County School District 1
1622 Oxford DrCheyenne, WY 82001
Estimated Value $426,000
Living Area 2,766 SqFt
Beds 4
Baths 2
Year Built 1957
Property Type Single Family
Ownership Type Related
APN 1-3448-0022-0010-0
Subdivision Eastridge
School District Laramie County School District 1
2521 E 18th StCheyenne, WY 82001
Estimated Value $325,000
Living Area 2,022 SqFt
Beds 4
Baths 2
Year Built 1953
Property Type Single Family
Ownership Type Corporate
APN 1-3948-0013-0006-0
Subdivision Garden Homes Subdivision
School District Laramie County School District 1
3212 Boxelder DrCheyenne, WY 82001
Estimated Value $357,000
Living Area 2,520 SqFt
Beds 4
Baths 2
Year Built 1957
Property Type Single Family
Ownership Type Individual
APN 1-6167-0039-0008-0
Subdivision Mountview Park, 6th Filing, Blocks 38-4
School District Laramie County School District 1
2541 E 11th StCheyenne, WY 82001
Estimated Value $240,000
Living Area 878 SqFt
Beds 1
Baths 1
Year Built 1943
Property Type Single Family
Ownership Type Individual
APN 1-5105-0025-0001-0
Subdivision Lake Minnehaha Addition
School District Laramie County School District 1
4709 Hickory PlCheyenne, WY 82009
Estimated Value $209,000
Living Area 26,240 SqFt
Beds 3
Baths 37
Year Built 1974
Property Type Condominium
Ownership Type Related
APN 1-8015-0003-4709-0
Subdivision Sheridan Court Condominiums
School District Laramie County School District 1
2613 E 12th StCheyenne, WY 82001
Estimated Value $293,000
Living Area 1,696 SqFt
Beds 3
Baths 2
Year Built 1954
Property Type Single Family
Ownership Type Corporate
APN 1-3623-0012-0005-0
Subdivision Fairview Addition, Resub
School District Laramie County School District 1
622 E 17th StCheyenne, WY 82001
Estimated Value $289,000
Living Area 1,394 SqFt
Beds 3
Baths 2
Year Built 1916
Property Type Single Family
Ownership Type Individual
APN 1-1001-0362-0008-3
Neighborhood Rainsford
Subdivision Original City