Colorado Springs vs Evansville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Evansville is 65% cheaper for renters. A 2-bedroom rents for $694/mo vs $1,142/mo in Colorado Springs — saving $5,376/year.
Rent by Unit Size
| Unit Size | Colorado Springs | Evansville | Difference |
|---|---|---|---|
| Studio | $778 | $442 | $336 |
| 1 Bedroom | $959 | $564 | $395 |
| 2 Bedrooms | $1,142 | $694 | $448 |
| 3 Bedrooms | $1,510 | $844 | $666 |
| 4 Bedrooms | $1,677 | $981 | $696 |
| Median Income | $70,288 | $35,376 | $34,912 |
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
Evansville
- Studio
- $442/mo
- 1 BR
- $564/mo
- 2 BR
- $694/mo
- 3 BR
- $844/mo
- 4 BR
- $981/mo
- Median Income
- $35,376/yr
Frequently Asked Questions
Is Colorado Springs or Evansville cheaper to rent in?
Evansville is cheaper — a 2-bedroom Fair Market Rent is $694/mo vs $1,142/mo in Colorado Springs. That's $448/mo or $5,376/year more expensive in Colorado Springs (65% higher).
What is the 2-bedroom rent in Colorado Springs vs Evansville?
The HUD Fair Market Rent for a 2-bedroom in Colorado Springs is $1,142/month. In Evansville, a 2-bedroom FMR is $694/month.
How do incomes compare between Colorado Springs and Evansville?
The median household income in Colorado Springs is $70,288/year. In Evansville it is $35,376/year. Colorado Springs has the higher median income.
What is the studio rent in Colorado Springs vs Evansville?
A studio apartment Fair Market Rent in Colorado Springs is $778/mo. In Evansville it is $442/mo.