Portland-Vancouver-Hillsboro vs Richmond
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Richmond is 28% cheaper for renters. A 2-bedroom rents for $1,021/mo vs $1,308/mo in Portland-Vancouver-Hillsboro — saving $3,444/year.
Rent by Unit Size
| Unit Size | Portland-Vancouver-Hillsboro | Richmond | Difference |
|---|---|---|---|
| Studio | $891 | $669 | $222 |
| 1 Bedroom | $1,079 | $842 | $237 |
| 2 Bedrooms | $1,308 | $1,021 | $287 |
| 3 Bedrooms | $1,615 | $1,317 | $298 |
| 4 Bedrooms | $1,963 | $1,453 | $510 |
| Median Income | $90,070 | $69,914 | $20,156 |
Portland-Vancouver-Hillsboro
- Studio
- $891/mo
- 1 BR
- $1,079/mo
- 2 BR
- $1,308/mo
- 3 BR
- $1,615/mo
- 4 BR
- $1,963/mo
- Median Income
- $90,070/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 Portland-Vancouver-Hillsboro or Richmond cheaper to rent in?
Richmond is cheaper — a 2-bedroom Fair Market Rent is $1,021/mo vs $1,308/mo in Portland-Vancouver-Hillsboro. That's $287/mo or $3,444/year more expensive in Portland-Vancouver-Hillsboro (28% higher).
What is the 2-bedroom rent in Portland-Vancouver-Hillsboro vs Richmond?
The HUD Fair Market Rent for a 2-bedroom in Portland-Vancouver-Hillsboro is $1,308/month. In Richmond, a 2-bedroom FMR is $1,021/month.
How do incomes compare between Portland-Vancouver-Hillsboro and Richmond?
The median household income in Portland-Vancouver-Hillsboro is $90,070/year. In Richmond it is $69,914/year. Portland-Vancouver-Hillsboro has the higher median income.
What is the studio rent in Portland-Vancouver-Hillsboro vs Richmond?
A studio apartment Fair Market Rent in Portland-Vancouver-Hillsboro is $891/mo. In Richmond it is $669/mo.