FairRentWize

Colorado Springs vs Lake Charles

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Lake Charles is 55% cheaper for renters. A 2-bedroom rents for $735/mo vs $1,142/mo in Colorado Springs — saving $4,884/year.

Rent by Unit Size

Unit SizeColorado SpringsLake CharlesDifference
Studio$778$490$288
1 Bedroom$959$592$367
2 Bedrooms$1,142$735$407
3 Bedrooms$1,510$930$580
4 Bedrooms$1,677$984$693
Median Income$70,288$45,479$24,809

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
Full Colorado Springs profile →

Lake Charles

Studio
$490/mo
1 BR
$592/mo
2 BR
$735/mo
3 BR
$930/mo
4 BR
$984/mo
Median Income
$45,479/yr
Full Lake Charles profile →

Frequently Asked Questions

Is Colorado Springs or Lake Charles cheaper to rent in?
Lake Charles is cheaper — a 2-bedroom Fair Market Rent is $735/mo vs $1,142/mo in Colorado Springs. That's $407/mo or $4,884/year more expensive in Colorado Springs (55% higher).
What is the 2-bedroom rent in Colorado Springs vs Lake Charles?
The HUD Fair Market Rent for a 2-bedroom in Colorado Springs is $1,142/month. In Lake Charles, a 2-bedroom FMR is $735/month.
How do incomes compare between Colorado Springs and Lake Charles?
The median household income in Colorado Springs is $70,288/year. In Lake Charles it is $45,479/year. Colorado Springs has the higher median income.
What is the studio rent in Colorado Springs vs Lake Charles?
A studio apartment Fair Market Rent in Colorado Springs is $778/mo. In Lake Charles it is $490/mo.