Fort Collins vs Richmond
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Richmond is 20% cheaper for renters. A 2-bedroom rents for $1,021/mo vs $1,227/mo in Fort Collins — saving $2,472/year.
Rent by Unit Size
| Unit Size | Fort Collins | Richmond | Difference |
|---|---|---|---|
| Studio | $839 | $669 | $170 |
| 1 Bedroom | $990 | $842 | $148 |
| 2 Bedrooms | $1,227 | $1,021 | $206 |
| 3 Bedrooms | $1,487 | $1,317 | $170 |
| 4 Bedrooms | $1,747 | $1,453 | $294 |
| Median Income | $63,053 | $69,914 | $6,861 |
Fort Collins
- Studio
- $839/mo
- 1 BR
- $990/mo
- 2 BR
- $1,227/mo
- 3 BR
- $1,487/mo
- 4 BR
- $1,747/mo
- Median Income
- $63,053/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 Fort Collins or Richmond cheaper to rent in?
Richmond is cheaper — a 2-bedroom Fair Market Rent is $1,021/mo vs $1,227/mo in Fort Collins. That's $206/mo or $2,472/year more expensive in Fort Collins (20% higher).
What is the 2-bedroom rent in Fort Collins vs Richmond?
The HUD Fair Market Rent for a 2-bedroom in Fort Collins is $1,227/month. In Richmond, a 2-bedroom FMR is $1,021/month.
How do incomes compare between Fort Collins and Richmond?
The median household income in Fort Collins is $63,053/year. In Richmond it is $69,914/year. Richmond has the higher median income.
What is the studio rent in Fort Collins vs Richmond?
A studio apartment Fair Market Rent in Fort Collins is $839/mo. In Richmond it is $669/mo.