Richmond vs Rochester
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Rochester is 13% cheaper for renters. A 2-bedroom rents for $903/mo vs $1,021/mo in Richmond — saving $1,416/year.
Rent by Unit Size
| Unit Size | Richmond | Rochester | Difference |
|---|---|---|---|
| Studio | $669 | $594 | $75 |
| 1 Bedroom | $842 | $739 | $103 |
| 2 Bedrooms | $1,021 | $903 | $118 |
| 3 Bedrooms | $1,317 | $1,112 | $205 |
| 4 Bedrooms | $1,453 | $1,294 | $159 |
| Median Income | $69,914 | $52,618 | $17,296 |
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
Rochester
- Studio
- $594/mo
- 1 BR
- $739/mo
- 2 BR
- $903/mo
- 3 BR
- $1,112/mo
- 4 BR
- $1,294/mo
- Median Income
- $52,618/yr
Frequently Asked Questions
Is Richmond or Rochester cheaper to rent in?
Rochester is cheaper — a 2-bedroom Fair Market Rent is $903/mo vs $1,021/mo in Richmond. That's $118/mo or $1,416/year more expensive in Richmond (13% higher).
What is the 2-bedroom rent in Richmond vs Rochester?
The HUD Fair Market Rent for a 2-bedroom in Richmond is $1,021/month. In Rochester, a 2-bedroom FMR is $903/month.
How do incomes compare between Richmond and Rochester?
The median household income in Richmond is $69,914/year. In Rochester it is $52,618/year. Richmond has the higher median income.
What is the studio rent in Richmond vs Rochester?
A studio apartment Fair Market Rent in Richmond is $669/mo. In Rochester it is $594/mo.