Refinance or buy a home with a low 3.5% down payment! Get Started Now ➔ Logo Colorado Springs Fair Market Rent FY 2007 Colorado Springs, CO HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Colorado Springs, CO :
$554 $622 $785 $1,120 $1,325
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in Colorado Springs are very high compared to the national average. This FMR area is more expensive than 94% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Colorado Springs is $785 per month.

The previous year, rent for a two-bedroom home was $759 per month. This is a 3.43% increase year-over-year.

This FMR rate applies to Green Mountain Falls, CO, Yoder, CO, Cascade, CO, Palmer Lake, CO, U S A F Academy, CO, Manitou Springs, CO, Woodland Park, CO, Pueblo, CO, Fountain, CO, Monument, CO and other cities within the region. The Metro Code or CBSA code for this region is METRO17820M17820.

Additionally, This Fair Market Rent (FMR) area Colorado Springs, CO HUD Metro FMR Area spans one county or city in Colorado which is listed in the table below. Estimated population of Colorado Springs, CO HUD Metro FMR Area FMR area is 516,929 people based on latest Census data.

Compared to the rest of Colorado, the Colorado Springs FMR area is more expensive than 75% of the state.

Colorado Rents Map

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Colorado Springs. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Colorado Springs

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 592
1-BR 1-Bedroom $ 672
2-BR 2-Bedroom $ 832
3-BR 3-Bedroom $ 1201
4-BR 4-Bedroom $ 1415
Change Year:

There is just one county (listed below) within the Colorado Springs, CO HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Colorado Springs - Pueblo.

County / Region Est. Population
El Paso County, CO Metro 516,929
Zip Codes in Colorado Springs, CO HUD Metro FMR Area

There are 62 unique zip codes in this Fair Market Rent (FMR) area:

80132, 80133, 80809, 80817, 80819, 80829, 80840, 80841, 80863, 80864, 80901, 80902, 80903, 80904, 80905, 80906, 80907, 80908, 80909, 80910, 80911, 80912, 80913, 80914, 80915, 80916, 80917, 80918, 80919, 80920, 80921, 80922, 80923, 80924, 80925, 80926, 80927, 80928, 80929, 80930, 80931, 80932, 80933, 80934, 80935, 80936, 80937, 80938, 80939, 80941, 80942, 80946, 80947, 80949, 80950, 80951, 80960, 80962, 80970, 80977, 80997 and 81008

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