Columbia vs Richmond
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Columbia is 10% cheaper for renters. A 2-bedroom rents for $927/mo vs $1,021/mo in Richmond — saving $1,128/year.
Rent by Unit Size
| Unit Size | Columbia | Richmond | Difference |
|---|---|---|---|
| Studio | $644 | $669 | $25 |
| 1 Bedroom | $771 | $842 | $71 |
| 2 Bedrooms | $927 | $1,021 | $94 |
| 3 Bedrooms | $1,178 | $1,317 | $139 |
| 4 Bedrooms | $1,341 | $1,453 | $112 |
| Median Income | $53,072 | $69,914 | $16,842 |
Columbia
- Studio
- $644/mo
- 1 BR
- $771/mo
- 2 BR
- $927/mo
- 3 BR
- $1,178/mo
- 4 BR
- $1,341/mo
- Median Income
- $53,072/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 Columbia or Richmond cheaper to rent in?
Columbia is cheaper — a 2-bedroom Fair Market Rent is $927/mo vs $1,021/mo in Richmond. That's $94/mo or $1,128/year more expensive in Richmond (10% higher).
What is the 2-bedroom rent in Columbia vs Richmond?
The HUD Fair Market Rent for a 2-bedroom in Columbia is $927/month. In Richmond, a 2-bedroom FMR is $1,021/month.
How do incomes compare between Columbia and Richmond?
The median household income in Columbia is $53,072/year. In Richmond it is $69,914/year. Richmond has the higher median income.
What is the studio rent in Columbia vs Richmond?
A studio apartment Fair Market Rent in Columbia is $644/mo. In Richmond it is $669/mo.