FairRentWize

Bangor vs Colorado Springs

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Bangor is 48% cheaper for renters. A 2-bedroom rents for $774/mo vs $1,142/mo in Colorado Springs — saving $4,416/year.

Rent by Unit Size

Unit SizeBangorColorado SpringsDifference
Studio$510$778$268
1 Bedroom$653$959$306
2 Bedrooms$774$1,142$368
3 Bedrooms$996$1,510$514
4 Bedrooms$1,108$1,677$569
Median Income$53,743$70,288$16,545

Bangor

Studio
$510/mo
1 BR
$653/mo
2 BR
$774/mo
3 BR
$996/mo
4 BR
$1,108/mo
Median Income
$53,743/yr
Full Bangor profile →

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
Full Colorado Springs profile →

Frequently Asked Questions

Is Bangor or Colorado Springs cheaper to rent in?
Bangor is cheaper — a 2-bedroom Fair Market Rent is $774/mo vs $1,142/mo in Colorado Springs. That's $368/mo or $4,416/year more expensive in Colorado Springs (48% higher).
What is the 2-bedroom rent in Bangor vs Colorado Springs?
The HUD Fair Market Rent for a 2-bedroom in Bangor is $774/month. In Colorado Springs, a 2-bedroom FMR is $1,142/month.
How do incomes compare between Bangor and Colorado Springs?
The median household income in Bangor is $53,743/year. In Colorado Springs it is $70,288/year. Colorado Springs has the higher median income.
What is the studio rent in Bangor vs Colorado Springs?
A studio apartment Fair Market Rent in Bangor is $510/mo. In Colorado Springs it is $778/mo.