Richmond vs Tallahassee
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Tallahassee is 3% cheaper for renters. A 2-bedroom rents for $989/mo vs $1,021/mo in Richmond — saving $384/year.
Rent by Unit Size
| Unit Size | Richmond | Tallahassee | Difference |
|---|---|---|---|
| Studio | $669 | $625 | $44 |
| 1 Bedroom | $842 | $784 | $58 |
| 2 Bedrooms | $1,021 | $989 | $32 |
| 3 Bedrooms | $1,317 | $1,193 | $124 |
| 4 Bedrooms | $1,453 | $1,420 | $33 |
| Median Income | $69,914 | $57,994 | $11,920 |
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
Tallahassee
- Studio
- $625/mo
- 1 BR
- $784/mo
- 2 BR
- $989/mo
- 3 BR
- $1,193/mo
- 4 BR
- $1,420/mo
- Median Income
- $57,994/yr
Frequently Asked Questions
Is Richmond or Tallahassee cheaper to rent in?
Tallahassee is cheaper — a 2-bedroom Fair Market Rent is $989/mo vs $1,021/mo in Richmond. That's $32/mo or $384/year more expensive in Richmond (3% higher).
What is the 2-bedroom rent in Richmond vs Tallahassee?
The HUD Fair Market Rent for a 2-bedroom in Richmond is $1,021/month. In Tallahassee, a 2-bedroom FMR is $989/month.
How do incomes compare between Richmond and Tallahassee?
The median household income in Richmond is $69,914/year. In Tallahassee it is $57,994/year. Richmond has the higher median income.
What is the studio rent in Richmond vs Tallahassee?
A studio apartment Fair Market Rent in Richmond is $669/mo. In Tallahassee it is $625/mo.