Colorado Springs vs Provo-Orem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Provo-Orem is 2% cheaper for renters. A 2-bedroom rents for $1,125/mo vs $1,142/mo in Colorado Springs — saving $204/year.
Rent by Unit Size
| Unit Size | Colorado Springs | Provo-Orem | Difference |
|---|---|---|---|
| Studio | $778 | $707 | $71 |
| 1 Bedroom | $959 | $881 | $78 |
| 2 Bedrooms | $1,142 | $1,125 | $17 |
| 3 Bedrooms | $1,510 | $1,330 | $180 |
| 4 Bedrooms | $1,677 | $1,544 | $133 |
| Median Income | $70,288 | $72,225 | $1,937 |
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
Provo-Orem
- Studio
- $707/mo
- 1 BR
- $881/mo
- 2 BR
- $1,125/mo
- 3 BR
- $1,330/mo
- 4 BR
- $1,544/mo
- Median Income
- $72,225/yr
Frequently Asked Questions
Is Colorado Springs or Provo-Orem cheaper to rent in?
Provo-Orem is cheaper — a 2-bedroom Fair Market Rent is $1,125/mo vs $1,142/mo in Colorado Springs. That's $17/mo or $204/year more expensive in Colorado Springs (2% higher).
What is the 2-bedroom rent in Colorado Springs vs Provo-Orem?
The HUD Fair Market Rent for a 2-bedroom in Colorado Springs is $1,142/month. In Provo-Orem, a 2-bedroom FMR is $1,125/month.
How do incomes compare between Colorado Springs and Provo-Orem?
The median household income in Colorado Springs is $70,288/year. In Provo-Orem it is $72,225/year. Provo-Orem has the higher median income.
What is the studio rent in Colorado Springs vs Provo-Orem?
A studio apartment Fair Market Rent in Colorado Springs is $778/mo. In Provo-Orem it is $707/mo.