Colorado Springs vs San Luis Obispo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Colorado Springs is 42% cheaper for renters. A 2-bedroom rents for $1,142/mo vs $1,623/mo in San Luis Obispo — saving $5,772/year.
Rent by Unit Size
| Unit Size | Colorado Springs | San Luis Obispo | Difference |
|---|---|---|---|
| Studio | $778 | $1,065 | $287 |
| 1 Bedroom | $959 | $1,360 | $401 |
| 2 Bedrooms | $1,142 | $1,623 | $481 |
| 3 Bedrooms | $1,510 | $2,039 | $529 |
| 4 Bedrooms | $1,677 | $2,372 | $695 |
| Median Income | $70,288 | $94,761 | $24,473 |
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
San Luis Obispo
- Studio
- $1,065/mo
- 1 BR
- $1,360/mo
- 2 BR
- $1,623/mo
- 3 BR
- $2,039/mo
- 4 BR
- $2,372/mo
- Median Income
- $94,761/yr
Frequently Asked Questions
Is Colorado Springs or San Luis Obispo cheaper to rent in?
Colorado Springs is cheaper — a 2-bedroom Fair Market Rent is $1,142/mo vs $1,623/mo in San Luis Obispo. That's $481/mo or $5,772/year more expensive in San Luis Obispo (42% higher).
What is the 2-bedroom rent in Colorado Springs vs San Luis Obispo?
The HUD Fair Market Rent for a 2-bedroom in Colorado Springs is $1,142/month. In San Luis Obispo, a 2-bedroom FMR is $1,623/month.
How do incomes compare between Colorado Springs and San Luis Obispo?
The median household income in Colorado Springs is $70,288/year. In San Luis Obispo it is $94,761/year. San Luis Obispo has the higher median income.
What is the studio rent in Colorado Springs vs San Luis Obispo?
A studio apartment Fair Market Rent in Colorado Springs is $778/mo. In San Luis Obispo it is $1,065/mo.