Richmond vs St. Louis
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
St. Louis is 17% cheaper for renters. A 2-bedroom rents for $874/mo vs $1,021/mo in Richmond — saving $1,764/year.
Rent by Unit Size
| Unit Size | Richmond | St. Louis | Difference |
|---|---|---|---|
| Studio | $669 | $588 | $81 |
| 1 Bedroom | $842 | $740 | $102 |
| 2 Bedrooms | $1,021 | $874 | $147 |
| 3 Bedrooms | $1,317 | $1,094 | $223 |
| 4 Bedrooms | $1,453 | $1,269 | $184 |
| Median Income | $69,914 | $61,289 | $8,625 |
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
St. Louis
- Studio
- $588/mo
- 1 BR
- $740/mo
- 2 BR
- $874/mo
- 3 BR
- $1,094/mo
- 4 BR
- $1,269/mo
- Median Income
- $61,289/yr
Frequently Asked Questions
Is Richmond or St. Louis cheaper to rent in?
St. Louis is cheaper — a 2-bedroom Fair Market Rent is $874/mo vs $1,021/mo in Richmond. That's $147/mo or $1,764/year more expensive in Richmond (17% higher).
What is the 2-bedroom rent in Richmond vs St. Louis?
The HUD Fair Market Rent for a 2-bedroom in Richmond is $1,021/month. In St. Louis, a 2-bedroom FMR is $874/month.
How do incomes compare between Richmond and St. Louis?
The median household income in Richmond is $69,914/year. In St. Louis it is $61,289/year. Richmond has the higher median income.
What is the studio rent in Richmond vs St. Louis?
A studio apartment Fair Market Rent in Richmond is $669/mo. In St. Louis it is $588/mo.