Phoenix-Mesa-Chandler vs Richmond
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Richmond is 13% cheaper for renters. A 2-bedroom rents for $1,021/mo vs $1,158/mo in Phoenix-Mesa-Chandler — saving $1,644/year.
Rent by Unit Size
| Unit Size | Phoenix-Mesa-Chandler | Richmond | Difference |
|---|---|---|---|
| Studio | $752 | $669 | $83 |
| 1 Bedroom | $943 | $842 | $101 |
| 2 Bedrooms | $1,158 | $1,021 | $137 |
| 3 Bedrooms | $1,495 | $1,317 | $178 |
| 4 Bedrooms | $1,715 | $1,453 | $262 |
| Median Income | $62,754 | $69,914 | $7,160 |
Phoenix-Mesa-Chandler
- Studio
- $752/mo
- 1 BR
- $943/mo
- 2 BR
- $1,158/mo
- 3 BR
- $1,495/mo
- 4 BR
- $1,715/mo
- Median Income
- $62,754/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 Phoenix-Mesa-Chandler or Richmond cheaper to rent in?
Richmond is cheaper — a 2-bedroom Fair Market Rent is $1,021/mo vs $1,158/mo in Phoenix-Mesa-Chandler. That's $137/mo or $1,644/year more expensive in Phoenix-Mesa-Chandler (13% higher).
What is the 2-bedroom rent in Phoenix-Mesa-Chandler vs Richmond?
The HUD Fair Market Rent for a 2-bedroom in Phoenix-Mesa-Chandler is $1,158/month. In Richmond, a 2-bedroom FMR is $1,021/month.
How do incomes compare between Phoenix-Mesa-Chandler and Richmond?
The median household income in Phoenix-Mesa-Chandler is $62,754/year. In Richmond it is $69,914/year. Richmond has the higher median income.
What is the studio rent in Phoenix-Mesa-Chandler vs Richmond?
A studio apartment Fair Market Rent in Phoenix-Mesa-Chandler is $752/mo. In Richmond it is $669/mo.