Detroit-Warren-Dearborn vs Richmond
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Detroit-Warren-Dearborn is 20% cheaper for renters. A 2-bedroom rents for $852/mo vs $1,021/mo in Richmond — saving $2,028/year.
Rent by Unit Size
| Unit Size | Detroit-Warren-Dearborn | Richmond | Difference |
|---|---|---|---|
| Studio | $560 | $669 | $109 |
| 1 Bedroom | $718 | $842 | $124 |
| 2 Bedrooms | $852 | $1,021 | $169 |
| 3 Bedrooms | $1,136 | $1,317 | $181 |
| 4 Bedrooms | $1,314 | $1,453 | $139 |
| Median Income | $56,005 | $69,914 | $13,909 |
Detroit-Warren-Dearborn
- Studio
- $560/mo
- 1 BR
- $718/mo
- 2 BR
- $852/mo
- 3 BR
- $1,136/mo
- 4 BR
- $1,314/mo
- Median Income
- $56,005/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 Detroit-Warren-Dearborn or Richmond cheaper to rent in?
Detroit-Warren-Dearborn is cheaper — a 2-bedroom Fair Market Rent is $852/mo vs $1,021/mo in Richmond. That's $169/mo or $2,028/year more expensive in Richmond (20% higher).
What is the 2-bedroom rent in Detroit-Warren-Dearborn vs Richmond?
The HUD Fair Market Rent for a 2-bedroom in Detroit-Warren-Dearborn is $852/month. In Richmond, a 2-bedroom FMR is $1,021/month.
How do incomes compare between Detroit-Warren-Dearborn and Richmond?
The median household income in Detroit-Warren-Dearborn is $56,005/year. In Richmond it is $69,914/year. Richmond has the higher median income.
What is the studio rent in Detroit-Warren-Dearborn vs Richmond?
A studio apartment Fair Market Rent in Detroit-Warren-Dearborn is $560/mo. In Richmond it is $669/mo.