Madera vs Richmond
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Madera is 6% cheaper for renters. A 2-bedroom rents for $960/mo vs $1,021/mo in Richmond — saving $732/year.
Rent by Unit Size
| Unit Size | Madera | Richmond | Difference |
|---|---|---|---|
| Studio | $646 | $669 | $23 |
| 1 Bedroom | $763 | $842 | $79 |
| 2 Bedrooms | $960 | $1,021 | $61 |
| 3 Bedrooms | $1,195 | $1,317 | $122 |
| 4 Bedrooms | $1,347 | $1,453 | $106 |
| Median Income | $57,586 | $69,914 | $12,328 |
Madera
- Studio
- $646/mo
- 1 BR
- $763/mo
- 2 BR
- $960/mo
- 3 BR
- $1,195/mo
- 4 BR
- $1,347/mo
- Median Income
- $57,586/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 Madera or Richmond cheaper to rent in?
Madera is cheaper — a 2-bedroom Fair Market Rent is $960/mo vs $1,021/mo in Richmond. That's $61/mo or $732/year more expensive in Richmond (6% higher).
What is the 2-bedroom rent in Madera vs Richmond?
The HUD Fair Market Rent for a 2-bedroom in Madera is $960/month. In Richmond, a 2-bedroom FMR is $1,021/month.
How do incomes compare between Madera and Richmond?
The median household income in Madera is $57,586/year. In Richmond it is $69,914/year. Richmond has the higher median income.
What is the studio rent in Madera vs Richmond?
A studio apartment Fair Market Rent in Madera is $646/mo. In Richmond it is $669/mo.