Colorado Springs vs Raleigh-Cary
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Raleigh-Cary is 4% cheaper for renters. A 2-bedroom rents for $1,097/mo vs $1,142/mo in Colorado Springs — saving $540/year.
Rent by Unit Size
| Unit Size | Colorado Springs | Raleigh-Cary | Difference |
|---|---|---|---|
| Studio | $778 | $760 | $18 |
| 1 Bedroom | $959 | $928 | $31 |
| 2 Bedrooms | $1,142 | $1,097 | $45 |
| 3 Bedrooms | $1,510 | $1,435 | $75 |
| 4 Bedrooms | $1,677 | $1,556 | $121 |
| Median Income | $70,288 | $70,678 | $390 |
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
Raleigh-Cary
- Studio
- $760/mo
- 1 BR
- $928/mo
- 2 BR
- $1,097/mo
- 3 BR
- $1,435/mo
- 4 BR
- $1,556/mo
- Median Income
- $70,678/yr
Frequently Asked Questions
Is Colorado Springs or Raleigh-Cary cheaper to rent in?
Raleigh-Cary is cheaper — a 2-bedroom Fair Market Rent is $1,097/mo vs $1,142/mo in Colorado Springs. That's $45/mo or $540/year more expensive in Colorado Springs (4% higher).
What is the 2-bedroom rent in Colorado Springs vs Raleigh-Cary?
The HUD Fair Market Rent for a 2-bedroom in Colorado Springs is $1,142/month. In Raleigh-Cary, a 2-bedroom FMR is $1,097/month.
How do incomes compare between Colorado Springs and Raleigh-Cary?
The median household income in Colorado Springs is $70,288/year. In Raleigh-Cary it is $70,678/year. Raleigh-Cary has the higher median income.
What is the studio rent in Colorado Springs vs Raleigh-Cary?
A studio apartment Fair Market Rent in Colorado Springs is $778/mo. In Raleigh-Cary it is $760/mo.