Modesto vs Richmond
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Richmond is 7% cheaper for renters. A 2-bedroom rents for $1,021/mo vs $1,092/mo in Modesto — saving $852/year.
Rent by Unit Size
| Unit Size | Modesto | Richmond | Difference |
|---|---|---|---|
| Studio | $727 | $669 | $58 |
| 1 Bedroom | $912 | $842 | $70 |
| 2 Bedrooms | $1,092 | $1,021 | $71 |
| 3 Bedrooms | $1,412 | $1,317 | $95 |
| 4 Bedrooms | $1,509 | $1,453 | $56 |
| Median Income | $56,394 | $69,914 | $13,520 |
Modesto
- Studio
- $727/mo
- 1 BR
- $912/mo
- 2 BR
- $1,092/mo
- 3 BR
- $1,412/mo
- 4 BR
- $1,509/mo
- Median Income
- $56,394/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 Modesto or Richmond cheaper to rent in?
Richmond is cheaper — a 2-bedroom Fair Market Rent is $1,021/mo vs $1,092/mo in Modesto. That's $71/mo or $852/year more expensive in Modesto (7% higher).
What is the 2-bedroom rent in Modesto vs Richmond?
The HUD Fair Market Rent for a 2-bedroom in Modesto is $1,092/month. In Richmond, a 2-bedroom FMR is $1,021/month.
How do incomes compare between Modesto and Richmond?
The median household income in Modesto is $56,394/year. In Richmond it is $69,914/year. Richmond has the higher median income.
What is the studio rent in Modesto vs Richmond?
A studio apartment Fair Market Rent in Modesto is $727/mo. In Richmond it is $669/mo.