Austin-Round Rock-Georgetown vs Richmond
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Richmond is 27% cheaper for renters. A 2-bedroom rents for $1,021/mo vs $1,299/mo in Austin-Round Rock-Georgetown — saving $3,336/year.
Rent by Unit Size
| Unit Size | Austin-Round Rock-Georgetown | Richmond | Difference |
|---|---|---|---|
| Studio | $907 | $669 | $238 |
| 1 Bedroom | $1,086 | $842 | $244 |
| 2 Bedrooms | $1,299 | $1,021 | $278 |
| 3 Bedrooms | $1,588 | $1,317 | $271 |
| 4 Bedrooms | $1,903 | $1,453 | $450 |
| Median Income | $84,490 | $69,914 | $14,576 |
Austin-Round Rock-Georgetown
- Studio
- $907/mo
- 1 BR
- $1,086/mo
- 2 BR
- $1,299/mo
- 3 BR
- $1,588/mo
- 4 BR
- $1,903/mo
- Median Income
- $84,490/yr
Richmond
- Studio
- $669/mo
- 1 BR
- $842/mo
- 2 BR
- $1,021/mo
- 3 BR
- $1,317/mo
- 4 BR
- $1,453/mo
- Median Income
- $69,914/yr
Frequently Asked Questions
Is Austin-Round Rock-Georgetown or Richmond cheaper to rent in?
Richmond is cheaper — a 2-bedroom Fair Market Rent is $1,021/mo vs $1,299/mo in Austin-Round Rock-Georgetown. That's $278/mo or $3,336/year more expensive in Austin-Round Rock-Georgetown (27% higher).
What is the 2-bedroom rent in Austin-Round Rock-Georgetown vs Richmond?
The HUD Fair Market Rent for a 2-bedroom in Austin-Round Rock-Georgetown is $1,299/month. In Richmond, a 2-bedroom FMR is $1,021/month.
How do incomes compare between Austin-Round Rock-Georgetown and Richmond?
The median household income in Austin-Round Rock-Georgetown is $84,490/year. In Richmond it is $69,914/year. Austin-Round Rock-Georgetown has the higher median income.
What is the studio rent in Austin-Round Rock-Georgetown vs Richmond?
A studio apartment Fair Market Rent in Austin-Round Rock-Georgetown is $907/mo. In Richmond it is $669/mo.