Hanford-Corcoran vs Richmond
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Hanford-Corcoran is 17% cheaper for renters. A 2-bedroom rents for $871/mo vs $1,021/mo in Richmond — saving $1,800/year.
Rent by Unit Size
| Unit Size | Hanford-Corcoran | Richmond | Difference |
|---|---|---|---|
| Studio | $578 | $669 | $91 |
| 1 Bedroom | $702 | $842 | $140 |
| 2 Bedrooms | $871 | $1,021 | $150 |
| 3 Bedrooms | $1,106 | $1,317 | $211 |
| 4 Bedrooms | $1,179 | $1,453 | $274 |
| Median Income | $53,765 | $69,914 | $16,149 |
Hanford-Corcoran
- Studio
- $578/mo
- 1 BR
- $702/mo
- 2 BR
- $871/mo
- 3 BR
- $1,106/mo
- 4 BR
- $1,179/mo
- Median Income
- $53,765/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 Hanford-Corcoran or Richmond cheaper to rent in?
Hanford-Corcoran is cheaper — a 2-bedroom Fair Market Rent is $871/mo vs $1,021/mo in Richmond. That's $150/mo or $1,800/year more expensive in Richmond (17% higher).
What is the 2-bedroom rent in Hanford-Corcoran vs Richmond?
The HUD Fair Market Rent for a 2-bedroom in Hanford-Corcoran is $871/month. In Richmond, a 2-bedroom FMR is $1,021/month.
How do incomes compare between Hanford-Corcoran and Richmond?
The median household income in Hanford-Corcoran is $53,765/year. In Richmond it is $69,914/year. Richmond has the higher median income.
What is the studio rent in Hanford-Corcoran vs Richmond?
A studio apartment Fair Market Rent in Hanford-Corcoran is $578/mo. In Richmond it is $669/mo.