Colorado Springs vs Toledo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Toledo is 49% cheaper for renters. A 2-bedroom rents for $769/mo vs $1,142/mo in Colorado Springs — saving $4,476/year.
Rent by Unit Size
| Unit Size | Colorado Springs | Toledo | Difference |
|---|---|---|---|
| Studio | $778 | $521 | $257 |
| 1 Bedroom | $959 | $622 | $337 |
| 2 Bedrooms | $1,142 | $769 | $373 |
| 3 Bedrooms | $1,510 | $990 | $520 |
| 4 Bedrooms | $1,677 | $1,150 | $527 |
| Median Income | $70,288 | $44,170 | $26,118 |
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
Toledo
- Studio
- $521/mo
- 1 BR
- $622/mo
- 2 BR
- $769/mo
- 3 BR
- $990/mo
- 4 BR
- $1,150/mo
- Median Income
- $44,170/yr
Frequently Asked Questions
Is Colorado Springs or Toledo cheaper to rent in?
Toledo is cheaper — a 2-bedroom Fair Market Rent is $769/mo vs $1,142/mo in Colorado Springs. That's $373/mo or $4,476/year more expensive in Colorado Springs (49% higher).
What is the 2-bedroom rent in Colorado Springs vs Toledo?
The HUD Fair Market Rent for a 2-bedroom in Colorado Springs is $1,142/month. In Toledo, a 2-bedroom FMR is $769/month.
How do incomes compare between Colorado Springs and Toledo?
The median household income in Colorado Springs is $70,288/year. In Toledo it is $44,170/year. Colorado Springs has the higher median income.
What is the studio rent in Colorado Springs vs Toledo?
A studio apartment Fair Market Rent in Colorado Springs is $778/mo. In Toledo it is $521/mo.