Colorado Springs vs Fargo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Fargo is 25% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,142/mo in Colorado Springs — saving $2,748/year.
Rent by Unit Size
| Unit Size | Colorado Springs | Fargo | Difference |
|---|---|---|---|
| Studio | $778 | $577 | $201 |
| 1 Bedroom | $959 | $717 | $242 |
| 2 Bedrooms | $1,142 | $913 | $229 |
| 3 Bedrooms | $1,510 | $1,145 | $365 |
| 4 Bedrooms | $1,677 | $1,249 | $428 |
| Median Income | $70,288 | $45,978 | $24,310 |
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
Fargo
- Studio
- $577/mo
- 1 BR
- $717/mo
- 2 BR
- $913/mo
- 3 BR
- $1,145/mo
- 4 BR
- $1,249/mo
- Median Income
- $45,978/yr
Frequently Asked Questions
Is Colorado Springs or Fargo cheaper to rent in?
Fargo is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,142/mo in Colorado Springs. That's $229/mo or $2,748/year more expensive in Colorado Springs (25% higher).
What is the 2-bedroom rent in Colorado Springs vs Fargo?
The HUD Fair Market Rent for a 2-bedroom in Colorado Springs is $1,142/month. In Fargo, a 2-bedroom FMR is $913/month.
How do incomes compare between Colorado Springs and Fargo?
The median household income in Colorado Springs is $70,288/year. In Fargo it is $45,978/year. Colorado Springs has the higher median income.
What is the studio rent in Colorado Springs vs Fargo?
A studio apartment Fair Market Rent in Colorado Springs is $778/mo. In Fargo it is $577/mo.