Jacksonville 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 $1,082/mo in Jacksonville — saving $732/year.
Rent by Unit Size
| Unit Size | Jacksonville | Richmond | Difference |
|---|---|---|---|
| Studio | $693 | $669 | $24 |
| 1 Bedroom | $862 | $842 | $20 |
| 2 Bedrooms | $1,082 | $1,021 | $61 |
| 3 Bedrooms | $1,360 | $1,317 | $43 |
| 4 Bedrooms | $1,586 | $1,453 | $133 |
| Median Income | $66,591 | $69,914 | $3,323 |
Jacksonville
- Studio
- $693/mo
- 1 BR
- $862/mo
- 2 BR
- $1,082/mo
- 3 BR
- $1,360/mo
- 4 BR
- $1,586/mo
- Median Income
- $66,591/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 Jacksonville or Richmond cheaper to rent in?
Richmond is cheaper — a 2-bedroom Fair Market Rent is $1,021/mo vs $1,082/mo in Jacksonville. That's $61/mo or $732/year more expensive in Jacksonville (6% higher).
What is the 2-bedroom rent in Jacksonville vs Richmond?
The HUD Fair Market Rent for a 2-bedroom in Jacksonville is $1,082/month. In Richmond, a 2-bedroom FMR is $1,021/month.
How do incomes compare between Jacksonville and Richmond?
The median household income in Jacksonville is $66,591/year. In Richmond it is $69,914/year. Richmond has the higher median income.
What is the studio rent in Jacksonville vs Richmond?
A studio apartment Fair Market Rent in Jacksonville is $693/mo. In Richmond it is $669/mo.