FairRentWize

Colorado Springs vs Winston-Salem

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Winston-Salem is 42% cheaper for renters. A 2-bedroom rents for $807/mo vs $1,142/mo in Colorado Springs — saving $4,020/year.

Rent by Unit Size

Unit SizeColorado SpringsWinston-SalemDifference
Studio$778$531$247
1 Bedroom$959$652$307
2 Bedrooms$1,142$807$335
3 Bedrooms$1,510$1,030$480
4 Bedrooms$1,677$1,189$488
Median Income$70,288$47,140$23,148

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 →

Winston-Salem

Studio
$531/mo
1 BR
$652/mo
2 BR
$807/mo
3 BR
$1,030/mo
4 BR
$1,189/mo
Median Income
$47,140/yr
Full Winston-Salem profile →

Frequently Asked Questions

Is Colorado Springs or Winston-Salem cheaper to rent in?
Winston-Salem is cheaper — a 2-bedroom Fair Market Rent is $807/mo vs $1,142/mo in Colorado Springs. That's $335/mo or $4,020/year more expensive in Colorado Springs (42% higher).
What is the 2-bedroom rent in Colorado Springs vs Winston-Salem?
The HUD Fair Market Rent for a 2-bedroom in Colorado Springs is $1,142/month. In Winston-Salem, a 2-bedroom FMR is $807/month.
How do incomes compare between Colorado Springs and Winston-Salem?
The median household income in Colorado Springs is $70,288/year. In Winston-Salem it is $47,140/year. Colorado Springs has the higher median income.
What is the studio rent in Colorado Springs vs Winston-Salem?
A studio apartment Fair Market Rent in Colorado Springs is $778/mo. In Winston-Salem it is $531/mo.