Chico vs Colorado Springs
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Chico is 8% cheaper for renters. A 2-bedroom rents for $1,059/mo vs $1,142/mo in Colorado Springs — saving $996/year.
Rent by Unit Size
| Unit Size | Chico | Colorado Springs | Difference |
|---|---|---|---|
| Studio | $698 | $778 | $80 |
| 1 Bedroom | $859 | $959 | $100 |
| 2 Bedrooms | $1,059 | $1,142 | $83 |
| 3 Bedrooms | $1,354 | $1,510 | $156 |
| 4 Bedrooms | $1,491 | $1,677 | $186 |
| Median Income | $66,884 | $70,288 | $3,404 |
Chico
- Studio
- $698/mo
- 1 BR
- $859/mo
- 2 BR
- $1,059/mo
- 3 BR
- $1,354/mo
- 4 BR
- $1,491/mo
- Median Income
- $66,884/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 Chico or Colorado Springs cheaper to rent in?
Chico is cheaper — a 2-bedroom Fair Market Rent is $1,059/mo vs $1,142/mo in Colorado Springs. That's $83/mo or $996/year more expensive in Colorado Springs (8% higher).
What is the 2-bedroom rent in Chico vs Colorado Springs?
The HUD Fair Market Rent for a 2-bedroom in Chico is $1,059/month. In Colorado Springs, a 2-bedroom FMR is $1,142/month.
How do incomes compare between Chico and Colorado Springs?
The median household income in Chico is $66,884/year. In Colorado Springs it is $70,288/year. Colorado Springs has the higher median income.
What is the studio rent in Chico vs Colorado Springs?
A studio apartment Fair Market Rent in Chico is $698/mo. In Colorado Springs it is $778/mo.