North Port-Sarasota-Bradenton vs Richmond
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Richmond is 21% cheaper for renters. A 2-bedroom rents for $1,021/mo vs $1,238/mo in North Port-Sarasota-Bradenton — saving $2,604/year.
Rent by Unit Size
| Unit Size | North Port-Sarasota-Bradenton | Richmond | Difference |
|---|---|---|---|
| Studio | $829 | $669 | $160 |
| 1 Bedroom | $1,001 | $842 | $159 |
| 2 Bedrooms | $1,238 | $1,021 | $217 |
| 3 Bedrooms | $1,486 | $1,317 | $169 |
| 4 Bedrooms | $1,806 | $1,453 | $353 |
| Median Income | $62,142 | $69,914 | $7,772 |
North Port-Sarasota-Bradenton
- Studio
- $829/mo
- 1 BR
- $1,001/mo
- 2 BR
- $1,238/mo
- 3 BR
- $1,486/mo
- 4 BR
- $1,806/mo
- Median Income
- $62,142/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 North Port-Sarasota-Bradenton or Richmond cheaper to rent in?
Richmond is cheaper — a 2-bedroom Fair Market Rent is $1,021/mo vs $1,238/mo in North Port-Sarasota-Bradenton. That's $217/mo or $2,604/year more expensive in North Port-Sarasota-Bradenton (21% higher).
What is the 2-bedroom rent in North Port-Sarasota-Bradenton vs Richmond?
The HUD Fair Market Rent for a 2-bedroom in North Port-Sarasota-Bradenton is $1,238/month. In Richmond, a 2-bedroom FMR is $1,021/month.
How do incomes compare between North Port-Sarasota-Bradenton and Richmond?
The median household income in North Port-Sarasota-Bradenton is $62,142/year. In Richmond it is $69,914/year. Richmond has the higher median income.
What is the studio rent in North Port-Sarasota-Bradenton vs Richmond?
A studio apartment Fair Market Rent in North Port-Sarasota-Bradenton is $829/mo. In Richmond it is $669/mo.