Richmond vs Seattle-Tacoma-Bellevue
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Richmond is 54% cheaper for renters. A 2-bedroom rents for $1,021/mo vs $1,576/mo in Seattle-Tacoma-Bellevue — saving $6,660/year.
Rent by Unit Size
| Unit Size | Richmond | Seattle-Tacoma-Bellevue | Difference |
|---|---|---|---|
| Studio | $669 | $1,044 | $375 |
| 1 Bedroom | $842 | $1,322 | $480 |
| 2 Bedrooms | $1,021 | $1,576 | $555 |
| 3 Bedrooms | $1,317 | $1,978 | $661 |
| 4 Bedrooms | $1,453 | $2,418 | $965 |
| Median Income | $69,914 | $109,700 | $39,786 |
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
Seattle-Tacoma-Bellevue
- Studio
- $1,044/mo
- 1 BR
- $1,322/mo
- 2 BR
- $1,576/mo
- 3 BR
- $1,978/mo
- 4 BR
- $2,418/mo
- Median Income
- $109,700/yr
Frequently Asked Questions
Is Richmond or Seattle-Tacoma-Bellevue cheaper to rent in?
Richmond is cheaper — a 2-bedroom Fair Market Rent is $1,021/mo vs $1,576/mo in Seattle-Tacoma-Bellevue. That's $555/mo or $6,660/year more expensive in Seattle-Tacoma-Bellevue (54% higher).
What is the 2-bedroom rent in Richmond vs Seattle-Tacoma-Bellevue?
The HUD Fair Market Rent for a 2-bedroom in Richmond is $1,021/month. In Seattle-Tacoma-Bellevue, a 2-bedroom FMR is $1,576/month.
How do incomes compare between Richmond and Seattle-Tacoma-Bellevue?
The median household income in Richmond is $69,914/year. In Seattle-Tacoma-Bellevue it is $109,700/year. Seattle-Tacoma-Bellevue has the higher median income.
What is the studio rent in Richmond vs Seattle-Tacoma-Bellevue?
A studio apartment Fair Market Rent in Richmond is $669/mo. In Seattle-Tacoma-Bellevue it is $1,044/mo.