Boise City vs Richmond
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Richmond is 11% cheaper for renters. A 2-bedroom rents for $1,021/mo vs $1,134/mo in Boise City — saving $1,356/year.
Rent by Unit Size
| Unit Size | Boise City | Richmond | Difference |
|---|---|---|---|
| Studio | $728 | $669 | $59 |
| 1 Bedroom | $907 | $842 | $65 |
| 2 Bedrooms | $1,134 | $1,021 | $113 |
| 3 Bedrooms | $1,352 | $1,317 | $35 |
| 4 Bedrooms | $1,542 | $1,453 | $89 |
| Median Income | $60,482 | $69,914 | $9,432 |
Boise City
- Studio
- $728/mo
- 1 BR
- $907/mo
- 2 BR
- $1,134/mo
- 3 BR
- $1,352/mo
- 4 BR
- $1,542/mo
- Median Income
- $60,482/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 Boise City or Richmond cheaper to rent in?
Richmond is cheaper — a 2-bedroom Fair Market Rent is $1,021/mo vs $1,134/mo in Boise City. That's $113/mo or $1,356/year more expensive in Boise City (11% higher).
What is the 2-bedroom rent in Boise City vs Richmond?
The HUD Fair Market Rent for a 2-bedroom in Boise City is $1,134/month. In Richmond, a 2-bedroom FMR is $1,021/month.
How do incomes compare between Boise City and Richmond?
The median household income in Boise City is $60,482/year. In Richmond it is $69,914/year. Richmond has the higher median income.
What is the studio rent in Boise City vs Richmond?
A studio apartment Fair Market Rent in Boise City is $728/mo. In Richmond it is $669/mo.