Richmond vs Santa Fe
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Richmond is 11% cheaper for renters. A 2-bedroom rents for $1,021/mo vs $1,135/mo in Santa Fe — saving $1,368/year.
Rent by Unit Size
| Unit Size | Richmond | Santa Fe | Difference |
|---|---|---|---|
| Studio | $669 | $754 | $85 |
| 1 Bedroom | $842 | $923 | $81 |
| 2 Bedrooms | $1,021 | $1,135 | $114 |
| 3 Bedrooms | $1,317 | $1,361 | $44 |
| 4 Bedrooms | $1,453 | $1,696 | $243 |
| Median Income | $69,914 | $59,153 | $10,761 |
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 Fe
- Studio
- $754/mo
- 1 BR
- $923/mo
- 2 BR
- $1,135/mo
- 3 BR
- $1,361/mo
- 4 BR
- $1,696/mo
- Median Income
- $59,153/yr
Frequently Asked Questions
Is Richmond or Santa Fe cheaper to rent in?
Richmond is cheaper — a 2-bedroom Fair Market Rent is $1,021/mo vs $1,135/mo in Santa Fe. That's $114/mo or $1,368/year more expensive in Santa Fe (11% higher).
What is the 2-bedroom rent in Richmond vs Santa Fe?
The HUD Fair Market Rent for a 2-bedroom in Richmond is $1,021/month. In Santa Fe, a 2-bedroom FMR is $1,135/month.
How do incomes compare between Richmond and Santa Fe?
The median household income in Richmond is $69,914/year. In Santa Fe it is $59,153/year. Richmond has the higher median income.
What is the studio rent in Richmond vs Santa Fe?
A studio apartment Fair Market Rent in Richmond is $669/mo. In Santa Fe it is $754/mo.