Colorado Springs vs Palm Bay-Melbourne-Titusville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Palm Bay-Melbourne-Titusville is 8% cheaper for renters. A 2-bedroom rents for $1,057/mo vs $1,142/mo in Colorado Springs — saving $1,020/year.
Rent by Unit Size
| Unit Size | Colorado Springs | Palm Bay-Melbourne-Titusville | Difference |
|---|---|---|---|
| Studio | $778 | $712 | $66 |
| 1 Bedroom | $959 | $871 | $88 |
| 2 Bedrooms | $1,142 | $1,057 | $85 |
| 3 Bedrooms | $1,510 | $1,335 | $175 |
| 4 Bedrooms | $1,677 | $1,531 | $146 |
| Median Income | $70,288 | $62,156 | $8,132 |
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
Palm Bay-Melbourne-Titusville
- Studio
- $712/mo
- 1 BR
- $871/mo
- 2 BR
- $1,057/mo
- 3 BR
- $1,335/mo
- 4 BR
- $1,531/mo
- Median Income
- $62,156/yr
Frequently Asked Questions
Is Colorado Springs or Palm Bay-Melbourne-Titusville cheaper to rent in?
Palm Bay-Melbourne-Titusville is cheaper — a 2-bedroom Fair Market Rent is $1,057/mo vs $1,142/mo in Colorado Springs. That's $85/mo or $1,020/year more expensive in Colorado Springs (8% higher).
What is the 2-bedroom rent in Colorado Springs vs Palm Bay-Melbourne-Titusville?
The HUD Fair Market Rent for a 2-bedroom in Colorado Springs is $1,142/month. In Palm Bay-Melbourne-Titusville, a 2-bedroom FMR is $1,057/month.
How do incomes compare between Colorado Springs and Palm Bay-Melbourne-Titusville?
The median household income in Colorado Springs is $70,288/year. In Palm Bay-Melbourne-Titusville it is $62,156/year. Colorado Springs has the higher median income.
What is the studio rent in Colorado Springs vs Palm Bay-Melbourne-Titusville?
A studio apartment Fair Market Rent in Colorado Springs is $778/mo. In Palm Bay-Melbourne-Titusville it is $712/mo.