Fresno vs Richmond
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Richmond is 6% cheaper for renters. A 2-bedroom rents for $1,021/mo vs $1,083/mo in Fresno — saving $744/year.
Rent by Unit Size
| Unit Size | Fresno | Richmond | Difference |
|---|---|---|---|
| Studio | $732 | $669 | $63 |
| 1 Bedroom | $890 | $842 | $48 |
| 2 Bedrooms | $1,083 | $1,021 | $62 |
| 3 Bedrooms | $1,294 | $1,317 | $23 |
| 4 Bedrooms | $1,619 | $1,453 | $166 |
| Median Income | $61,735 | $69,914 | $8,179 |
Fresno
- Studio
- $732/mo
- 1 BR
- $890/mo
- 2 BR
- $1,083/mo
- 3 BR
- $1,294/mo
- 4 BR
- $1,619/mo
- Median Income
- $61,735/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 Fresno or Richmond cheaper to rent in?
Richmond is cheaper — a 2-bedroom Fair Market Rent is $1,021/mo vs $1,083/mo in Fresno. That's $62/mo or $744/year more expensive in Fresno (6% higher).
What is the 2-bedroom rent in Fresno vs Richmond?
The HUD Fair Market Rent for a 2-bedroom in Fresno is $1,083/month. In Richmond, a 2-bedroom FMR is $1,021/month.
How do incomes compare between Fresno and Richmond?
The median household income in Fresno is $61,735/year. In Richmond it is $69,914/year. Richmond has the higher median income.
What is the studio rent in Fresno vs Richmond?
A studio apartment Fair Market Rent in Fresno is $732/mo. In Richmond it is $669/mo.