Colorado Springs vs Laredo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Laredo is 64% cheaper for renters. A 2-bedroom rents for $698/mo vs $1,142/mo in Colorado Springs — saving $5,328/year.
Rent by Unit Size
| Unit Size | Colorado Springs | Laredo | Difference |
|---|---|---|---|
| Studio | $778 | $463 | $315 |
| 1 Bedroom | $959 | $552 | $407 |
| 2 Bedrooms | $1,142 | $698 | $444 |
| 3 Bedrooms | $1,510 | $851 | $659 |
| 4 Bedrooms | $1,677 | $966 | $711 |
| Median Income | $70,288 | $40,343 | $29,945 |
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
Laredo
- Studio
- $463/mo
- 1 BR
- $552/mo
- 2 BR
- $698/mo
- 3 BR
- $851/mo
- 4 BR
- $966/mo
- Median Income
- $40,343/yr
Frequently Asked Questions
Is Colorado Springs or Laredo cheaper to rent in?
Laredo is cheaper — a 2-bedroom Fair Market Rent is $698/mo vs $1,142/mo in Colorado Springs. That's $444/mo or $5,328/year more expensive in Colorado Springs (64% higher).
What is the 2-bedroom rent in Colorado Springs vs Laredo?
The HUD Fair Market Rent for a 2-bedroom in Colorado Springs is $1,142/month. In Laredo, a 2-bedroom FMR is $698/month.
How do incomes compare between Colorado Springs and Laredo?
The median household income in Colorado Springs is $70,288/year. In Laredo it is $40,343/year. Colorado Springs has the higher median income.
What is the studio rent in Colorado Springs vs Laredo?
A studio apartment Fair Market Rent in Colorado Springs is $778/mo. In Laredo it is $463/mo.