Colorado Springs vs Lafayette
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lafayette is 54% cheaper for renters. A 2-bedroom rents for $741/mo vs $1,142/mo in Colorado Springs — saving $4,812/year.
Rent by Unit Size
| Unit Size | Colorado Springs | Lafayette | Difference |
|---|---|---|---|
| Studio | $778 | $502 | $276 |
| 1 Bedroom | $959 | $626 | $333 |
| 2 Bedrooms | $1,142 | $741 | $401 |
| 3 Bedrooms | $1,510 | $958 | $552 |
| 4 Bedrooms | $1,677 | $1,134 | $543 |
| Median Income | $70,288 | $38,989 | $31,299 |
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
Lafayette
- Studio
- $502/mo
- 1 BR
- $626/mo
- 2 BR
- $741/mo
- 3 BR
- $958/mo
- 4 BR
- $1,134/mo
- Median Income
- $38,989/yr
Frequently Asked Questions
Is Colorado Springs or Lafayette cheaper to rent in?
Lafayette is cheaper — a 2-bedroom Fair Market Rent is $741/mo vs $1,142/mo in Colorado Springs. That's $401/mo or $4,812/year more expensive in Colorado Springs (54% higher).
What is the 2-bedroom rent in Colorado Springs vs Lafayette?
The HUD Fair Market Rent for a 2-bedroom in Colorado Springs is $1,142/month. In Lafayette, a 2-bedroom FMR is $741/month.
How do incomes compare between Colorado Springs and Lafayette?
The median household income in Colorado Springs is $70,288/year. In Lafayette it is $38,989/year. Colorado Springs has the higher median income.
What is the studio rent in Colorado Springs vs Lafayette?
A studio apartment Fair Market Rent in Colorado Springs is $778/mo. In Lafayette it is $502/mo.