FairRentWize

Colorado Springs vs Springfield

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Springfield is 59% cheaper for renters. A 2-bedroom rents for $720/mo vs $1,142/mo in Colorado Springs — saving $5,064/year.

Rent by Unit Size

Unit SizeColorado SpringsSpringfieldDifference
Studio$778$490$288
1 Bedroom$959$583$376
2 Bedrooms$1,142$720$422
3 Bedrooms$1,510$925$585
4 Bedrooms$1,677$987$690
Median Income$70,288$37,539$32,749

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
Full Colorado Springs profile →

Springfield

Studio
$490/mo
1 BR
$583/mo
2 BR
$720/mo
3 BR
$925/mo
4 BR
$987/mo
Median Income
$37,539/yr
Full Springfield profile →

Frequently Asked Questions

Is Colorado Springs or Springfield cheaper to rent in?
Springfield is cheaper — a 2-bedroom Fair Market Rent is $720/mo vs $1,142/mo in Colorado Springs. That's $422/mo or $5,064/year more expensive in Colorado Springs (59% higher).
What is the 2-bedroom rent in Colorado Springs vs Springfield?
The HUD Fair Market Rent for a 2-bedroom in Colorado Springs is $1,142/month. In Springfield, a 2-bedroom FMR is $720/month.
How do incomes compare between Colorado Springs and Springfield?
The median household income in Colorado Springs is $70,288/year. In Springfield it is $37,539/year. Colorado Springs has the higher median income.
What is the studio rent in Colorado Springs vs Springfield?
A studio apartment Fair Market Rent in Colorado Springs is $778/mo. In Springfield it is $490/mo.