Las Cruces vs Richmond
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Las Cruces is 27% cheaper for renters. A 2-bedroom rents for $806/mo vs $1,021/mo in Richmond — saving $2,580/year.
Rent by Unit Size
| Unit Size | Las Cruces | Richmond | Difference |
|---|---|---|---|
| Studio | $537 | $669 | $132 |
| 1 Bedroom | $638 | $842 | $204 |
| 2 Bedrooms | $806 | $1,021 | $215 |
| 3 Bedrooms | $949 | $1,317 | $368 |
| 4 Bedrooms | $1,133 | $1,453 | $320 |
| Median Income | $43,858 | $69,914 | $26,056 |
Las Cruces
- Studio
- $537/mo
- 1 BR
- $638/mo
- 2 BR
- $806/mo
- 3 BR
- $949/mo
- 4 BR
- $1,133/mo
- Median Income
- $43,858/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 Las Cruces or Richmond cheaper to rent in?
Las Cruces is cheaper — a 2-bedroom Fair Market Rent is $806/mo vs $1,021/mo in Richmond. That's $215/mo or $2,580/year more expensive in Richmond (27% higher).
What is the 2-bedroom rent in Las Cruces vs Richmond?
The HUD Fair Market Rent for a 2-bedroom in Las Cruces is $806/month. In Richmond, a 2-bedroom FMR is $1,021/month.
How do incomes compare between Las Cruces and Richmond?
The median household income in Las Cruces is $43,858/year. In Richmond it is $69,914/year. Richmond has the higher median income.
What is the studio rent in Las Cruces vs Richmond?
A studio apartment Fair Market Rent in Las Cruces is $537/mo. In Richmond it is $669/mo.