Colorado Springs vs El Paso
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
El Paso is 32% cheaper for renters. A 2-bedroom rents for $868/mo vs $1,142/mo in Colorado Springs — saving $3,288/year.
Rent by Unit Size
| Unit Size | Colorado Springs | El Paso | Difference |
|---|---|---|---|
| Studio | $778 | $557 | $221 |
| 1 Bedroom | $959 | $685 | $274 |
| 2 Bedrooms | $1,142 | $868 | $274 |
| 3 Bedrooms | $1,510 | $1,052 | $458 |
| 4 Bedrooms | $1,677 | $1,194 | $483 |
| Median Income | $70,288 | $45,964 | $24,324 |
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
El Paso
- Studio
- $557/mo
- 1 BR
- $685/mo
- 2 BR
- $868/mo
- 3 BR
- $1,052/mo
- 4 BR
- $1,194/mo
- Median Income
- $45,964/yr
Frequently Asked Questions
Is Colorado Springs or El Paso cheaper to rent in?
El Paso is cheaper — a 2-bedroom Fair Market Rent is $868/mo vs $1,142/mo in Colorado Springs. That's $274/mo or $3,288/year more expensive in Colorado Springs (32% higher).
What is the 2-bedroom rent in Colorado Springs vs El Paso?
The HUD Fair Market Rent for a 2-bedroom in Colorado Springs is $1,142/month. In El Paso, a 2-bedroom FMR is $868/month.
How do incomes compare between Colorado Springs and El Paso?
The median household income in Colorado Springs is $70,288/year. In El Paso it is $45,964/year. Colorado Springs has the higher median income.
What is the studio rent in Colorado Springs vs El Paso?
A studio apartment Fair Market Rent in Colorado Springs is $778/mo. In El Paso it is $557/mo.