Erie vs Richmond
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Erie is 53% cheaper for renters. A 2-bedroom rents for $668/mo vs $1,021/mo in Richmond — saving $4,236/year.
Rent by Unit Size
| Unit Size | Erie | Richmond | Difference |
|---|---|---|---|
| Studio | $457 | $669 | $212 |
| 1 Bedroom | $553 | $842 | $289 |
| 2 Bedrooms | $668 | $1,021 | $353 |
| 3 Bedrooms | $861 | $1,317 | $456 |
| 4 Bedrooms | $985 | $1,453 | $468 |
| Median Income | $45,773 | $69,914 | $24,141 |
Erie
- Studio
- $457/mo
- 1 BR
- $553/mo
- 2 BR
- $668/mo
- 3 BR
- $861/mo
- 4 BR
- $985/mo
- Median Income
- $45,773/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 Erie or Richmond cheaper to rent in?
Erie is cheaper — a 2-bedroom Fair Market Rent is $668/mo vs $1,021/mo in Richmond. That's $353/mo or $4,236/year more expensive in Richmond (53% higher).
What is the 2-bedroom rent in Erie vs Richmond?
The HUD Fair Market Rent for a 2-bedroom in Erie is $668/month. In Richmond, a 2-bedroom FMR is $1,021/month.
How do incomes compare between Erie and Richmond?
The median household income in Erie is $45,773/year. In Richmond it is $69,914/year. Richmond has the higher median income.
What is the studio rent in Erie vs Richmond?
A studio apartment Fair Market Rent in Erie is $457/mo. In Richmond it is $669/mo.