Colorado Springs vs Madison
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Madison is 10% cheaper for renters. A 2-bedroom rents for $1,038/mo vs $1,142/mo in Colorado Springs — saving $1,248/year.
Rent by Unit Size
| Unit Size | Colorado Springs | Madison | Difference |
|---|---|---|---|
| Studio | $778 | $676 | $102 |
| 1 Bedroom | $959 | $827 | $132 |
| 2 Bedrooms | $1,142 | $1,038 | $104 |
| 3 Bedrooms | $1,510 | $1,222 | $288 |
| 4 Bedrooms | $1,677 | $1,400 | $277 |
| Median Income | $70,288 | $64,691 | $5,597 |
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
Madison
- Studio
- $676/mo
- 1 BR
- $827/mo
- 2 BR
- $1,038/mo
- 3 BR
- $1,222/mo
- 4 BR
- $1,400/mo
- Median Income
- $64,691/yr
Frequently Asked Questions
Is Colorado Springs or Madison cheaper to rent in?
Madison is cheaper — a 2-bedroom Fair Market Rent is $1,038/mo vs $1,142/mo in Colorado Springs. That's $104/mo or $1,248/year more expensive in Colorado Springs (10% higher).
What is the 2-bedroom rent in Colorado Springs vs Madison?
The HUD Fair Market Rent for a 2-bedroom in Colorado Springs is $1,142/month. In Madison, a 2-bedroom FMR is $1,038/month.
How do incomes compare between Colorado Springs and Madison?
The median household income in Colorado Springs is $70,288/year. In Madison it is $64,691/year. Colorado Springs has the higher median income.
What is the studio rent in Colorado Springs vs Madison?
A studio apartment Fair Market Rent in Colorado Springs is $778/mo. In Madison it is $676/mo.