Albuquerque vs Colorado Springs
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albuquerque is 19% cheaper for renters. A 2-bedroom rents for $958/mo vs $1,142/mo in Colorado Springs — saving $2,208/year.
Rent by Unit Size
| Unit Size | Albuquerque | Colorado Springs | Difference |
|---|---|---|---|
| Studio | $647 | $778 | $131 |
| 1 Bedroom | $793 | $959 | $166 |
| 2 Bedrooms | $958 | $1,142 | $184 |
| 3 Bedrooms | $1,161 | $1,510 | $349 |
| 4 Bedrooms | $1,339 | $1,677 | $338 |
| Median Income | $49,585 | $70,288 | $20,703 |
Albuquerque
- Studio
- $647/mo
- 1 BR
- $793/mo
- 2 BR
- $958/mo
- 3 BR
- $1,161/mo
- 4 BR
- $1,339/mo
- Median Income
- $49,585/yr
Colorado Springs
- Studio
- $778/mo
- 1 BR
- $959/mo
- 2 BR
- $1,142/mo
- 3 BR
- $1,510/mo
- 4 BR
- $1,677/mo
- Median Income
- $70,288/yr
Frequently Asked Questions
Is Albuquerque or Colorado Springs cheaper to rent in?
Albuquerque is cheaper — a 2-bedroom Fair Market Rent is $958/mo vs $1,142/mo in Colorado Springs. That's $184/mo or $2,208/year more expensive in Colorado Springs (19% higher).
What is the 2-bedroom rent in Albuquerque vs Colorado Springs?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In Colorado Springs, a 2-bedroom FMR is $1,142/month.
How do incomes compare between Albuquerque and Colorado Springs?
The median household income in Albuquerque is $49,585/year. In Colorado Springs it is $70,288/year. Colorado Springs has the higher median income.
What is the studio rent in Albuquerque vs Colorado Springs?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In Colorado Springs it is $778/mo.