FairRentWize

Colorado Springs vs Virginia Beach-Norfolk-Newport News

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Virginia Beach-Norfolk-Newport News is 15% cheaper for renters. A 2-bedroom rents for $994/mo vs $1,142/mo in Colorado Springs — saving $1,776/year.

Rent by Unit Size

Unit SizeColorado SpringsVirginia Beach-Norfolk-Newport NewsDifference
Studio$778$659$119
1 Bedroom$959$824$135
2 Bedrooms$1,142$994$148
3 Bedrooms$1,510$1,234$276
4 Bedrooms$1,677$1,448$229
Median Income$70,288$57,948$12,340

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 →

Virginia Beach-Norfolk-Newport News

Studio
$659/mo
1 BR
$824/mo
2 BR
$994/mo
3 BR
$1,234/mo
4 BR
$1,448/mo
Median Income
$57,948/yr
Full Virginia Beach-Norfolk-Newport News profile →

Frequently Asked Questions

Is Colorado Springs or Virginia Beach-Norfolk-Newport News cheaper to rent in?
Virginia Beach-Norfolk-Newport News is cheaper — a 2-bedroom Fair Market Rent is $994/mo vs $1,142/mo in Colorado Springs. That's $148/mo or $1,776/year more expensive in Colorado Springs (15% higher).
What is the 2-bedroom rent in Colorado Springs vs Virginia Beach-Norfolk-Newport News?
The HUD Fair Market Rent for a 2-bedroom in Colorado Springs is $1,142/month. In Virginia Beach-Norfolk-Newport News, a 2-bedroom FMR is $994/month.
How do incomes compare between Colorado Springs and Virginia Beach-Norfolk-Newport News?
The median household income in Colorado Springs is $70,288/year. In Virginia Beach-Norfolk-Newport News it is $57,948/year. Colorado Springs has the higher median income.
What is the studio rent in Colorado Springs vs Virginia Beach-Norfolk-Newport News?
A studio apartment Fair Market Rent in Colorado Springs is $778/mo. In Virginia Beach-Norfolk-Newport News it is $659/mo.