Colorado Springs vs Reno
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Colorado Springs is 6% cheaper for renters. A 2-bedroom rents for $1,142/mo vs $1,208/mo in Reno — saving $792/year.
Rent by Unit Size
| Unit Size | Colorado Springs | Reno | Difference |
|---|---|---|---|
| Studio | $778 | $773 | $5 |
| 1 Bedroom | $959 | $946 | $13 |
| 2 Bedrooms | $1,142 | $1,208 | $66 |
| 3 Bedrooms | $1,510 | $1,422 | $88 |
| 4 Bedrooms | $1,677 | $1,636 | $41 |
| Median Income | $70,288 | $59,858 | $10,430 |
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
Reno
- Studio
- $773/mo
- 1 BR
- $946/mo
- 2 BR
- $1,208/mo
- 3 BR
- $1,422/mo
- 4 BR
- $1,636/mo
- Median Income
- $59,858/yr
Frequently Asked Questions
Is Colorado Springs or Reno cheaper to rent in?
Colorado Springs is cheaper — a 2-bedroom Fair Market Rent is $1,142/mo vs $1,208/mo in Reno. That's $66/mo or $792/year more expensive in Reno (6% higher).
What is the 2-bedroom rent in Colorado Springs vs Reno?
The HUD Fair Market Rent for a 2-bedroom in Colorado Springs is $1,142/month. In Reno, a 2-bedroom FMR is $1,208/month.
How do incomes compare between Colorado Springs and Reno?
The median household income in Colorado Springs is $70,288/year. In Reno it is $59,858/year. Colorado Springs has the higher median income.
What is the studio rent in Colorado Springs vs Reno?
A studio apartment Fair Market Rent in Colorado Springs is $778/mo. In Reno it is $773/mo.