FairRentWize

Colorado Springs vs Prescott Valley-Prescott

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Prescott Valley-Prescott is 8% cheaper for renters. A 2-bedroom rents for $1,054/mo vs $1,142/mo in Colorado Springs — saving $1,056/year.

Rent by Unit Size

Unit SizeColorado SpringsPrescott Valley-PrescottDifference
Studio$778$648$130
1 Bedroom$959$826$133
2 Bedrooms$1,142$1,054$88
3 Bedrooms$1,510$1,277$233
4 Bedrooms$1,677$1,437$240
Median Income$70,288$60,079$10,209

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 →

Prescott Valley-Prescott

Studio
$648/mo
1 BR
$826/mo
2 BR
$1,054/mo
3 BR
$1,277/mo
4 BR
$1,437/mo
Median Income
$60,079/yr
Full Prescott Valley-Prescott profile →

Frequently Asked Questions

Is Colorado Springs or Prescott Valley-Prescott cheaper to rent in?
Prescott Valley-Prescott is cheaper — a 2-bedroom Fair Market Rent is $1,054/mo vs $1,142/mo in Colorado Springs. That's $88/mo or $1,056/year more expensive in Colorado Springs (8% higher).
What is the 2-bedroom rent in Colorado Springs vs Prescott Valley-Prescott?
The HUD Fair Market Rent for a 2-bedroom in Colorado Springs is $1,142/month. In Prescott Valley-Prescott, a 2-bedroom FMR is $1,054/month.
How do incomes compare between Colorado Springs and Prescott Valley-Prescott?
The median household income in Colorado Springs is $70,288/year. In Prescott Valley-Prescott it is $60,079/year. Colorado Springs has the higher median income.
What is the studio rent in Colorado Springs vs Prescott Valley-Prescott?
A studio apartment Fair Market Rent in Colorado Springs is $778/mo. In Prescott Valley-Prescott it is $648/mo.