Average Rent in Colorado Springs, CO
The Fair Market Rent for a 2-bedroom in Colorado Springs, CO is $1,735 per month, based on HUD data. With a median household income of $87,180, a household would spend 23.9% of income on housing at Fair Market Rent. Rent has increased 0.1% year over year. The national median 2BR FMR is $1,250/mo for comparison.
Fair Market Rent by Bedroom
| Size | Monthly FMR |
|---|---|
| Studio | $1,196 |
| 1 Bedroom | $1,464 |
| 2 Bedroom | $1,735 |
| 3 Bedroom | $2,413 |
| 4 Bedroom | $2,744 |
Affordability
| Metric | Value |
|---|---|
| Median Household Income | $87,180 |
| Rent Burden (2BR FMR / Income) | 23.9% |
| Income Needed for 2BR (30% rule) | $69,400/yr |