Boulder vs Richmond
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Richmond is 36% cheaper for renters. A 2-bedroom rents for $1,021/mo vs $1,393/mo in Boulder — saving $4,464/year.
Rent by Unit Size
| Unit Size | Boulder | Richmond | Difference |
|---|---|---|---|
| Studio | $912 | $669 | $243 |
| 1 Bedroom | $1,165 | $842 | $323 |
| 2 Bedrooms | $1,393 | $1,021 | $372 |
| 3 Bedrooms | $1,797 | $1,317 | $480 |
| 4 Bedrooms | $2,079 | $1,453 | $626 |
| Median Income | $78,256 | $69,914 | $8,342 |
Boulder
- Studio
- $912/mo
- 1 BR
- $1,165/mo
- 2 BR
- $1,393/mo
- 3 BR
- $1,797/mo
- 4 BR
- $2,079/mo
- Median Income
- $78,256/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 Boulder or Richmond cheaper to rent in?
Richmond is cheaper — a 2-bedroom Fair Market Rent is $1,021/mo vs $1,393/mo in Boulder. That's $372/mo or $4,464/year more expensive in Boulder (36% higher).
What is the 2-bedroom rent in Boulder vs Richmond?
The HUD Fair Market Rent for a 2-bedroom in Boulder is $1,393/month. In Richmond, a 2-bedroom FMR is $1,021/month.
How do incomes compare between Boulder and Richmond?
The median household income in Boulder is $78,256/year. In Richmond it is $69,914/year. Boulder has the higher median income.
What is the studio rent in Boulder vs Richmond?
A studio apartment Fair Market Rent in Boulder is $912/mo. In Richmond it is $669/mo.