Colorado Springs vs Salt Lake City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Salt Lake City is 1% cheaper for renters. A 2-bedroom rents for $1,127/mo vs $1,142/mo in Colorado Springs — saving $180/year.
Rent by Unit Size
| Unit Size | Colorado Springs | Salt Lake City | Difference |
|---|---|---|---|
| Studio | $778 | $754 | $24 |
| 1 Bedroom | $959 | $912 | $47 |
| 2 Bedrooms | $1,142 | $1,127 | $15 |
| 3 Bedrooms | $1,510 | $1,352 | $158 |
| 4 Bedrooms | $1,677 | $1,632 | $45 |
| Median Income | $70,288 | $77,224 | $6,936 |
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
Salt Lake City
- Studio
- $754/mo
- 1 BR
- $912/mo
- 2 BR
- $1,127/mo
- 3 BR
- $1,352/mo
- 4 BR
- $1,632/mo
- Median Income
- $77,224/yr
Frequently Asked Questions
Is Colorado Springs or Salt Lake City cheaper to rent in?
Salt Lake City is cheaper — a 2-bedroom Fair Market Rent is $1,127/mo vs $1,142/mo in Colorado Springs. That's $15/mo or $180/year more expensive in Colorado Springs (1% higher).
What is the 2-bedroom rent in Colorado Springs vs Salt Lake City?
The HUD Fair Market Rent for a 2-bedroom in Colorado Springs is $1,142/month. In Salt Lake City, a 2-bedroom FMR is $1,127/month.
How do incomes compare between Colorado Springs and Salt Lake City?
The median household income in Colorado Springs is $70,288/year. In Salt Lake City it is $77,224/year. Salt Lake City has the higher median income.
What is the studio rent in Colorado Springs vs Salt Lake City?
A studio apartment Fair Market Rent in Colorado Springs is $778/mo. In Salt Lake City it is $754/mo.