Casper vs Richmond
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Casper is 28% cheaper for renters. A 2-bedroom rents for $795/mo vs $1,021/mo in Richmond — saving $2,712/year.
Rent by Unit Size
| Unit Size | Casper | Richmond | Difference |
|---|---|---|---|
| Studio | $561 | $669 | $108 |
| 1 Bedroom | $666 | $842 | $176 |
| 2 Bedrooms | $795 | $1,021 | $226 |
| 3 Bedrooms | $1,009 | $1,317 | $308 |
| 4 Bedrooms | $1,224 | $1,453 | $229 |
| Median Income | $43,997 | $69,914 | $25,917 |
Casper
- Studio
- $561/mo
- 1 BR
- $666/mo
- 2 BR
- $795/mo
- 3 BR
- $1,009/mo
- 4 BR
- $1,224/mo
- Median Income
- $43,997/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 Casper or Richmond cheaper to rent in?
Casper is cheaper — a 2-bedroom Fair Market Rent is $795/mo vs $1,021/mo in Richmond. That's $226/mo or $2,712/year more expensive in Richmond (28% higher).
What is the 2-bedroom rent in Casper vs Richmond?
The HUD Fair Market Rent for a 2-bedroom in Casper is $795/month. In Richmond, a 2-bedroom FMR is $1,021/month.
How do incomes compare between Casper and Richmond?
The median household income in Casper is $43,997/year. In Richmond it is $69,914/year. Richmond has the higher median income.
What is the studio rent in Casper vs Richmond?
A studio apartment Fair Market Rent in Casper is $561/mo. In Richmond it is $669/mo.