Housing in Cheyenne Wells, CO

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Zillow — January 2026

Zillow Home Value Index

$183,353

Cheyenne Wells vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Cheyenne Wells is highlighted.

Median Home Value

44th%ilemost expensive$159,800show rank

Median Rent

40th%ilemost expensive rent$867show rank

Rent Burden

38th%ilehighest rent burden16.9%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$159,800

Median Rent

$867

Total Housing Units

509

Vacancy Rate

14.2%

Owner Occupied

69.6%

Renter Occupied

30.4%

Median Property Tax

$835

per year

Monthly Cost (w/ Mortgage)

$603

Housing Types

Single Family

86.6%

Multi-Family

4.7%

Mobile Home

8.6%

The median home value in Cheyenne Wells, CO is $159,800. According to Zillow, the home value index for Cheyenne Wells is $183,353. The median rent is $867 per month (Census ACS). About 69.6% of housing units are owner-occupied. The median year homes were built is 1970. There are 509 total housing units.