Oklahoma City vs Richmond
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Oklahoma City is 27% cheaper for renters. A 2-bedroom rents for $805/mo vs $1,021/mo in Richmond — saving $2,592/year.
Rent by Unit Size
| Unit Size | Oklahoma City | Richmond | Difference |
|---|---|---|---|
| Studio | $543 | $669 | $126 |
| 1 Bedroom | $673 | $842 | $169 |
| 2 Bedrooms | $805 | $1,021 | $216 |
| 3 Bedrooms | $1,023 | $1,317 | $294 |
| 4 Bedrooms | $1,127 | $1,453 | $326 |
| Median Income | $52,559 | $69,914 | $17,355 |
Oklahoma City
- Studio
- $543/mo
- 1 BR
- $673/mo
- 2 BR
- $805/mo
- 3 BR
- $1,023/mo
- 4 BR
- $1,127/mo
- Median Income
- $52,559/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 Oklahoma City or Richmond cheaper to rent in?
Oklahoma City is cheaper — a 2-bedroom Fair Market Rent is $805/mo vs $1,021/mo in Richmond. That's $216/mo or $2,592/year more expensive in Richmond (27% higher).
What is the 2-bedroom rent in Oklahoma City vs Richmond?
The HUD Fair Market Rent for a 2-bedroom in Oklahoma City is $805/month. In Richmond, a 2-bedroom FMR is $1,021/month.
How do incomes compare between Oklahoma City and Richmond?
The median household income in Oklahoma City is $52,559/year. In Richmond it is $69,914/year. Richmond has the higher median income.
What is the studio rent in Oklahoma City vs Richmond?
A studio apartment Fair Market Rent in Oklahoma City is $543/mo. In Richmond it is $669/mo.