FairRentWize

Mobile vs Richmond

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Mobile is 37% cheaper for renters. A 2-bedroom rents for $746/mo vs $1,021/mo in Richmond — saving $3,300/year.

Rent by Unit Size

Unit SizeMobileRichmondDifference
Studio$495$669$174
1 Bedroom$626$842$216
2 Bedrooms$746$1,021$275
3 Bedrooms$958$1,317$359
4 Bedrooms$1,154$1,453$299
Median Income$43,599$69,914$26,315

Mobile

Studio
$495/mo
1 BR
$626/mo
2 BR
$746/mo
3 BR
$958/mo
4 BR
$1,154/mo
Median Income
$43,599/yr
Full Mobile profile →

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
Full Richmond profile →

Frequently Asked Questions

Is Mobile or Richmond cheaper to rent in?
Mobile is cheaper — a 2-bedroom Fair Market Rent is $746/mo vs $1,021/mo in Richmond. That's $275/mo or $3,300/year more expensive in Richmond (37% higher).
What is the 2-bedroom rent in Mobile vs Richmond?
The HUD Fair Market Rent for a 2-bedroom in Mobile is $746/month. In Richmond, a 2-bedroom FMR is $1,021/month.
How do incomes compare between Mobile and Richmond?
The median household income in Mobile is $43,599/year. In Richmond it is $69,914/year. Richmond has the higher median income.
What is the studio rent in Mobile vs Richmond?
A studio apartment Fair Market Rent in Mobile is $495/mo. In Richmond it is $669/mo.