Richmond vs Trenton-Princeton
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Richmond is 22% cheaper for renters. A 2-bedroom rents for $1,021/mo vs $1,244/mo in Trenton-Princeton — saving $2,676/year.
Rent by Unit Size
| Unit Size | Richmond | Trenton-Princeton | Difference |
|---|---|---|---|
| Studio | $669 | $829 | $160 |
| 1 Bedroom | $842 | $1,039 | $197 |
| 2 Bedrooms | $1,021 | $1,244 | $223 |
| 3 Bedrooms | $1,317 | $1,616 | $299 |
| 4 Bedrooms | $1,453 | $1,778 | $325 |
| Median Income | $69,914 | $68,540 | $1,374 |
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
Trenton-Princeton
- Studio
- $829/mo
- 1 BR
- $1,039/mo
- 2 BR
- $1,244/mo
- 3 BR
- $1,616/mo
- 4 BR
- $1,778/mo
- Median Income
- $68,540/yr
Frequently Asked Questions
Is Richmond or Trenton-Princeton cheaper to rent in?
Richmond is cheaper — a 2-bedroom Fair Market Rent is $1,021/mo vs $1,244/mo in Trenton-Princeton. That's $223/mo or $2,676/year more expensive in Trenton-Princeton (22% higher).
What is the 2-bedroom rent in Richmond vs Trenton-Princeton?
The HUD Fair Market Rent for a 2-bedroom in Richmond is $1,021/month. In Trenton-Princeton, a 2-bedroom FMR is $1,244/month.
How do incomes compare between Richmond and Trenton-Princeton?
The median household income in Richmond is $69,914/year. In Trenton-Princeton it is $68,540/year. Richmond has the higher median income.
What is the studio rent in Richmond vs Trenton-Princeton?
A studio apartment Fair Market Rent in Richmond is $669/mo. In Trenton-Princeton it is $829/mo.