Colorado Springs vs New York-Newark-Jersey City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Colorado Springs is 101% cheaper for renters. A 2-bedroom rents for $1,142/mo vs $2,293/mo in New York-Newark-Jersey City — saving $13,812/year.
Rent by Unit Size
| Unit Size | Colorado Springs | New York-Newark-Jersey City | Difference |
|---|---|---|---|
| Studio | $778 | $1,531 | $753 |
| 1 Bedroom | $959 | $1,813 | $854 |
| 2 Bedrooms | $1,142 | $2,293 | $1,151 |
| 3 Bedrooms | $1,510 | $2,674 | $1,164 |
| 4 Bedrooms | $1,677 | $3,167 | $1,490 |
| Median Income | $70,288 | $124,777 | $54,489 |
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
New York-Newark-Jersey City
- Studio
- $1,531/mo
- 1 BR
- $1,813/mo
- 2 BR
- $2,293/mo
- 3 BR
- $2,674/mo
- 4 BR
- $3,167/mo
- Median Income
- $124,777/yr
Frequently Asked Questions
Is Colorado Springs or New York-Newark-Jersey City cheaper to rent in?
Colorado Springs is cheaper — a 2-bedroom Fair Market Rent is $1,142/mo vs $2,293/mo in New York-Newark-Jersey City. That's $1,151/mo or $13,812/year more expensive in New York-Newark-Jersey City (101% higher).
What is the 2-bedroom rent in Colorado Springs vs New York-Newark-Jersey City?
The HUD Fair Market Rent for a 2-bedroom in Colorado Springs is $1,142/month. In New York-Newark-Jersey City, a 2-bedroom FMR is $2,293/month.
How do incomes compare between Colorado Springs and New York-Newark-Jersey City?
The median household income in Colorado Springs is $70,288/year. In New York-Newark-Jersey City it is $124,777/year. New York-Newark-Jersey City has the higher median income.
What is the studio rent in Colorado Springs vs New York-Newark-Jersey City?
A studio apartment Fair Market Rent in Colorado Springs is $778/mo. In New York-Newark-Jersey City it is $1,531/mo.