Colorado Springs vs Providence-Warwick
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Providence-Warwick is 2% cheaper for renters. A 2-bedroom rents for $1,122/mo vs $1,142/mo in Colorado Springs — saving $240/year.
Rent by Unit Size
| Unit Size | Colorado Springs | Providence-Warwick | Difference |
|---|---|---|---|
| Studio | $778 | $784 | $6 |
| 1 Bedroom | $959 | $946 | $13 |
| 2 Bedrooms | $1,142 | $1,122 | $20 |
| 3 Bedrooms | $1,510 | $1,429 | $81 |
| 4 Bedrooms | $1,677 | $1,663 | $14 |
| Median Income | $70,288 | $69,693 | $595 |
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
Providence-Warwick
- Studio
- $784/mo
- 1 BR
- $946/mo
- 2 BR
- $1,122/mo
- 3 BR
- $1,429/mo
- 4 BR
- $1,663/mo
- Median Income
- $69,693/yr
Frequently Asked Questions
Is Colorado Springs or Providence-Warwick cheaper to rent in?
Providence-Warwick is cheaper — a 2-bedroom Fair Market Rent is $1,122/mo vs $1,142/mo in Colorado Springs. That's $20/mo or $240/year more expensive in Colorado Springs (2% higher).
What is the 2-bedroom rent in Colorado Springs vs Providence-Warwick?
The HUD Fair Market Rent for a 2-bedroom in Colorado Springs is $1,142/month. In Providence-Warwick, a 2-bedroom FMR is $1,122/month.
How do incomes compare between Colorado Springs and Providence-Warwick?
The median household income in Colorado Springs is $70,288/year. In Providence-Warwick it is $69,693/year. Colorado Springs has the higher median income.
What is the studio rent in Colorado Springs vs Providence-Warwick?
A studio apartment Fair Market Rent in Colorado Springs is $778/mo. In Providence-Warwick it is $784/mo.