FairRentWize

El Paso vs Springfield

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Springfield is 21% cheaper for renters. A 2-bedroom rents for $720/mo vs $868/mo in El Paso — saving $1,776/year.

Rent by Unit Size

Unit SizeEl PasoSpringfieldDifference
Studio$557$490$67
1 Bedroom$685$583$102
2 Bedrooms$868$720$148
3 Bedrooms$1,052$925$127
4 Bedrooms$1,194$987$207
Median Income$45,964$37,539$8,425

El Paso

Studio
$557/mo
1 BR
$685/mo
2 BR
$868/mo
3 BR
$1,052/mo
4 BR
$1,194/mo
Median Income
$45,964/yr
Full El Paso 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 El Paso or Springfield cheaper to rent in?
Springfield is cheaper — a 2-bedroom Fair Market Rent is $720/mo vs $868/mo in El Paso. That's $148/mo or $1,776/year more expensive in El Paso (21% higher).
What is the 2-bedroom rent in El Paso vs Springfield?
The HUD Fair Market Rent for a 2-bedroom in El Paso is $868/month. In Springfield, a 2-bedroom FMR is $720/month.
How do incomes compare between El Paso and Springfield?
The median household income in El Paso is $45,964/year. In Springfield it is $37,539/year. El Paso has the higher median income.
What is the studio rent in El Paso vs Springfield?
A studio apartment Fair Market Rent in El Paso is $557/mo. In Springfield it is $490/mo.