Richmond vs Santa Cruz-Watsonville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Richmond is 72% cheaper for renters. A 2-bedroom rents for $1,021/mo vs $1,760/mo in Santa Cruz-Watsonville — saving $8,868/year.
Rent by Unit Size
| Unit Size | Richmond | Santa Cruz-Watsonville | Difference |
|---|---|---|---|
| Studio | $669 | $1,172 | $503 |
| 1 Bedroom | $842 | $1,475 | $633 |
| 2 Bedrooms | $1,021 | $1,760 | $739 |
| 3 Bedrooms | $1,317 | $2,195 | $878 |
| 4 Bedrooms | $1,453 | $2,530 | $1,077 |
| Median Income | $69,914 | $89,493 | $19,579 |
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
Santa Cruz-Watsonville
- Studio
- $1,172/mo
- 1 BR
- $1,475/mo
- 2 BR
- $1,760/mo
- 3 BR
- $2,195/mo
- 4 BR
- $2,530/mo
- Median Income
- $89,493/yr
Frequently Asked Questions
Is Richmond or Santa Cruz-Watsonville cheaper to rent in?
Richmond is cheaper — a 2-bedroom Fair Market Rent is $1,021/mo vs $1,760/mo in Santa Cruz-Watsonville. That's $739/mo or $8,868/year more expensive in Santa Cruz-Watsonville (72% higher).
What is the 2-bedroom rent in Richmond vs Santa Cruz-Watsonville?
The HUD Fair Market Rent for a 2-bedroom in Richmond is $1,021/month. In Santa Cruz-Watsonville, a 2-bedroom FMR is $1,760/month.
How do incomes compare between Richmond and Santa Cruz-Watsonville?
The median household income in Richmond is $69,914/year. In Santa Cruz-Watsonville it is $89,493/year. Santa Cruz-Watsonville has the higher median income.
What is the studio rent in Richmond vs Santa Cruz-Watsonville?
A studio apartment Fair Market Rent in Richmond is $669/mo. In Santa Cruz-Watsonville it is $1,172/mo.