Bakersfield vs Richmond
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Bakersfield is 0% cheaper for renters. A 2-bedroom rents for $1,018/mo vs $1,021/mo in Richmond — saving $36/year.
Rent by Unit Size
| Unit Size | Bakersfield | Richmond | Difference |
|---|---|---|---|
| Studio | $683 | $669 | $14 |
| 1 Bedroom | $854 | $842 | $12 |
| 2 Bedrooms | $1,018 | $1,021 | $3 |
| 3 Bedrooms | $1,326 | $1,317 | $9 |
| 4 Bedrooms | $1,528 | $1,453 | $75 |
| Median Income | $67,968 | $69,914 | $1,946 |
Bakersfield
- Studio
- $683/mo
- 1 BR
- $854/mo
- 2 BR
- $1,018/mo
- 3 BR
- $1,326/mo
- 4 BR
- $1,528/mo
- Median Income
- $67,968/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 Bakersfield or Richmond cheaper to rent in?
Bakersfield is cheaper — a 2-bedroom Fair Market Rent is $1,018/mo vs $1,021/mo in Richmond. That's $3/mo or $36/year more expensive in Richmond (0% higher).
What is the 2-bedroom rent in Bakersfield vs Richmond?
The HUD Fair Market Rent for a 2-bedroom in Bakersfield is $1,018/month. In Richmond, a 2-bedroom FMR is $1,021/month.
How do incomes compare between Bakersfield and Richmond?
The median household income in Bakersfield is $67,968/year. In Richmond it is $69,914/year. Richmond has the higher median income.
What is the studio rent in Bakersfield vs Richmond?
A studio apartment Fair Market Rent in Bakersfield is $683/mo. In Richmond it is $669/mo.