Greensboro-High Point vs Richmond
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Greensboro-High Point is 22% cheaper for renters. A 2-bedroom rents for $837/mo vs $1,021/mo in Richmond — saving $2,208/year.
Rent by Unit Size
| Unit Size | Greensboro-High Point | Richmond | Difference |
|---|---|---|---|
| Studio | $565 | $669 | $104 |
| 1 Bedroom | $699 | $842 | $143 |
| 2 Bedrooms | $837 | $1,021 | $184 |
| 3 Bedrooms | $1,051 | $1,317 | $266 |
| 4 Bedrooms | $1,259 | $1,453 | $194 |
| Median Income | $51,051 | $69,914 | $18,863 |
Greensboro-High Point
- Studio
- $565/mo
- 1 BR
- $699/mo
- 2 BR
- $837/mo
- 3 BR
- $1,051/mo
- 4 BR
- $1,259/mo
- Median Income
- $51,051/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 Greensboro-High Point or Richmond cheaper to rent in?
Greensboro-High Point is cheaper — a 2-bedroom Fair Market Rent is $837/mo vs $1,021/mo in Richmond. That's $184/mo or $2,208/year more expensive in Richmond (22% higher).
What is the 2-bedroom rent in Greensboro-High Point vs Richmond?
The HUD Fair Market Rent for a 2-bedroom in Greensboro-High Point is $837/month. In Richmond, a 2-bedroom FMR is $1,021/month.
How do incomes compare between Greensboro-High Point and Richmond?
The median household income in Greensboro-High Point is $51,051/year. In Richmond it is $69,914/year. Richmond has the higher median income.
What is the studio rent in Greensboro-High Point vs Richmond?
A studio apartment Fair Market Rent in Greensboro-High Point is $565/mo. In Richmond it is $669/mo.