Colorado Springs vs Salem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Salem is 0% cheaper for renters. A 2-bedroom rents for $1,137/mo vs $1,142/mo in Colorado Springs — saving $60/year.
Rent by Unit Size
| Unit Size | Colorado Springs | Salem | Difference |
|---|---|---|---|
| Studio | $778 | $741 | $37 |
| 1 Bedroom | $959 | $913 | $46 |
| 2 Bedrooms | $1,142 | $1,137 | $5 |
| 3 Bedrooms | $1,510 | $1,411 | $99 |
| 4 Bedrooms | $1,677 | $1,615 | $62 |
| Median Income | $70,288 | $53,953 | $16,335 |
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
Salem
- Studio
- $741/mo
- 1 BR
- $913/mo
- 2 BR
- $1,137/mo
- 3 BR
- $1,411/mo
- 4 BR
- $1,615/mo
- Median Income
- $53,953/yr
Frequently Asked Questions
Is Colorado Springs or Salem cheaper to rent in?
Salem is cheaper — a 2-bedroom Fair Market Rent is $1,137/mo vs $1,142/mo in Colorado Springs. That's $5/mo or $60/year more expensive in Colorado Springs (0% higher).
What is the 2-bedroom rent in Colorado Springs vs Salem?
The HUD Fair Market Rent for a 2-bedroom in Colorado Springs is $1,142/month. In Salem, a 2-bedroom FMR is $1,137/month.
How do incomes compare between Colorado Springs and Salem?
The median household income in Colorado Springs is $70,288/year. In Salem it is $53,953/year. Colorado Springs has the higher median income.
What is the studio rent in Colorado Springs vs Salem?
A studio apartment Fair Market Rent in Colorado Springs is $778/mo. In Salem it is $741/mo.