FairRentWize

Colorado Springs Fair Market Rent 2026

HUD Fair Market Rent data for the Colorado Springs metropolitan area. Median household income: $70,288/year. Vacancy rate: 6.3%.

2BR FMR

$1,142/mo

Median Income

$70,288

Vacancy Rate

6.3%

Rent Burden

19.5%

Fair Market Rent by Bedroom Size

Studio$778/mo
1 Bedroom$959/mo
2 Bedroom$1,142/mo
3 Bedroom$1,510/mo
4 Bedroom$1,677/mo

Affordability Analysis

Based on the 30% rule, a household earning the median income of $70,288/year can afford up to $1,757/mo in rent.

The 2BR FMR of $1,142/mo represents 19.5% of median income, which is within the 30% affordability threshold.

Rental Market Conditions

The vacancy rate of 6.3% in Colorado Springs indicates a moderate rental market. A balanced market with reasonable availability for renters.

Frequently Asked Questions

What is the average rent in Colorado Springs?

The 2026 HUD FMR for a 2-bedroom in the Colorado Springs metro area is $1,142/month. 1BR: $959, 3BR: $1,510.

What is the vacancy rate in Colorado Springs?

The rental vacancy rate in Colorado Springs is 6.3%. A rate below 5% typically indicates a tight rental market.

Is Colorado Springs affordable for renters?

With a median income of $70,288 and 2BR rent at $1,142/mo, rent takes about 19% of income in Colorado Springs.

Compare with Other Metro Areas

Renting in Colorado Springs?

Search apartment listings in the Colorado Springs area

Compare renters insurance quotes

Get moving company estimates

Explore rent-to-own programs

Find housing assistance programs

Check salary data for this area