Huntsville vs Richmond
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Huntsville is 17% cheaper for renters. A 2-bedroom rents for $872/mo vs $1,021/mo in Richmond — saving $1,788/year.
Rent by Unit Size
| Unit Size | Huntsville | Richmond | Difference |
|---|---|---|---|
| Studio | $608 | $669 | $61 |
| 1 Bedroom | $722 | $842 | $120 |
| 2 Bedrooms | $872 | $1,021 | $149 |
| 3 Bedrooms | $1,133 | $1,317 | $184 |
| 4 Bedrooms | $1,278 | $1,453 | $175 |
| Median Income | $48,740 | $69,914 | $21,174 |
Huntsville
- Studio
- $608/mo
- 1 BR
- $722/mo
- 2 BR
- $872/mo
- 3 BR
- $1,133/mo
- 4 BR
- $1,278/mo
- Median Income
- $48,740/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 Huntsville or Richmond cheaper to rent in?
Huntsville is cheaper — a 2-bedroom Fair Market Rent is $872/mo vs $1,021/mo in Richmond. That's $149/mo or $1,788/year more expensive in Richmond (17% higher).
What is the 2-bedroom rent in Huntsville vs Richmond?
The HUD Fair Market Rent for a 2-bedroom in Huntsville is $872/month. In Richmond, a 2-bedroom FMR is $1,021/month.
How do incomes compare between Huntsville and Richmond?
The median household income in Huntsville is $48,740/year. In Richmond it is $69,914/year. Richmond has the higher median income.
What is the studio rent in Huntsville vs Richmond?
A studio apartment Fair Market Rent in Huntsville is $608/mo. In Richmond it is $669/mo.