FairRentWize

Colorado Springs vs Modesto

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Modesto is 5% cheaper for renters. A 2-bedroom rents for $1,092/mo vs $1,142/mo in Colorado Springs — saving $600/year.

Rent by Unit Size

Unit SizeColorado SpringsModestoDifference
Studio$778$727$51
1 Bedroom$959$912$47
2 Bedrooms$1,142$1,092$50
3 Bedrooms$1,510$1,412$98
4 Bedrooms$1,677$1,509$168
Median Income$70,288$56,394$13,894

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 →

Modesto

Studio
$727/mo
1 BR
$912/mo
2 BR
$1,092/mo
3 BR
$1,412/mo
4 BR
$1,509/mo
Median Income
$56,394/yr
Full Modesto profile →

Frequently Asked Questions

Is Colorado Springs or Modesto cheaper to rent in?
Modesto is cheaper — a 2-bedroom Fair Market Rent is $1,092/mo vs $1,142/mo in Colorado Springs. That's $50/mo or $600/year more expensive in Colorado Springs (5% higher).
What is the 2-bedroom rent in Colorado Springs vs Modesto?
The HUD Fair Market Rent for a 2-bedroom in Colorado Springs is $1,142/month. In Modesto, a 2-bedroom FMR is $1,092/month.
How do incomes compare between Colorado Springs and Modesto?
The median household income in Colorado Springs is $70,288/year. In Modesto it is $56,394/year. Colorado Springs has the higher median income.
What is the studio rent in Colorado Springs vs Modesto?
A studio apartment Fair Market Rent in Colorado Springs is $778/mo. In Modesto it is $727/mo.