FairRentWize

Colorado Springs vs Minneapolis-St. Paul-Bloomington

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Minneapolis-St. Paul-Bloomington is 5% cheaper for renters. A 2-bedroom rents for $1,091/mo vs $1,142/mo in Colorado Springs — saving $612/year.

Rent by Unit Size

Unit SizeColorado SpringsMinneapolis-St. Paul-BloomingtonDifference
Studio$778$731$47
1 Bedroom$959$917$42
2 Bedrooms$1,142$1,091$51
3 Bedrooms$1,510$1,436$74
4 Bedrooms$1,677$1,675$2
Median Income$70,288$69,491$797

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 →

Minneapolis-St. Paul-Bloomington

Studio
$731/mo
1 BR
$917/mo
2 BR
$1,091/mo
3 BR
$1,436/mo
4 BR
$1,675/mo
Median Income
$69,491/yr
Full Minneapolis-St. Paul-Bloomington profile →

Frequently Asked Questions

Is Colorado Springs or Minneapolis-St. Paul-Bloomington cheaper to rent in?
Minneapolis-St. Paul-Bloomington is cheaper — a 2-bedroom Fair Market Rent is $1,091/mo vs $1,142/mo in Colorado Springs. That's $51/mo or $612/year more expensive in Colorado Springs (5% higher).
What is the 2-bedroom rent in Colorado Springs vs Minneapolis-St. Paul-Bloomington?
The HUD Fair Market Rent for a 2-bedroom in Colorado Springs is $1,142/month. In Minneapolis-St. Paul-Bloomington, a 2-bedroom FMR is $1,091/month.
How do incomes compare between Colorado Springs and Minneapolis-St. Paul-Bloomington?
The median household income in Colorado Springs is $70,288/year. In Minneapolis-St. Paul-Bloomington it is $69,491/year. Colorado Springs has the higher median income.
What is the studio rent in Colorado Springs vs Minneapolis-St. Paul-Bloomington?
A studio apartment Fair Market Rent in Colorado Springs is $778/mo. In Minneapolis-St. Paul-Bloomington it is $731/mo.