Richmond vs Twin Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Twin Falls is 31% cheaper for renters. A 2-bedroom rents for $779/mo vs $1,021/mo in Richmond — saving $2,904/year.
Rent by Unit Size
| Unit Size | Richmond | Twin Falls | Difference |
|---|---|---|---|
| Studio | $669 | $499 | $170 |
| 1 Bedroom | $842 | $637 | $205 |
| 2 Bedrooms | $1,021 | $779 | $242 |
| 3 Bedrooms | $1,317 | $969 | $348 |
| 4 Bedrooms | $1,453 | $1,077 | $376 |
| Median Income | $69,914 | $48,297 | $21,617 |
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
Twin Falls
- Studio
- $499/mo
- 1 BR
- $637/mo
- 2 BR
- $779/mo
- 3 BR
- $969/mo
- 4 BR
- $1,077/mo
- Median Income
- $48,297/yr
Frequently Asked Questions
Is Richmond or Twin Falls cheaper to rent in?
Twin Falls is cheaper — a 2-bedroom Fair Market Rent is $779/mo vs $1,021/mo in Richmond. That's $242/mo or $2,904/year more expensive in Richmond (31% higher).
What is the 2-bedroom rent in Richmond vs Twin Falls?
The HUD Fair Market Rent for a 2-bedroom in Richmond is $1,021/month. In Twin Falls, a 2-bedroom FMR is $779/month.
How do incomes compare between Richmond and Twin Falls?
The median household income in Richmond is $69,914/year. In Twin Falls it is $48,297/year. Richmond has the higher median income.
What is the studio rent in Richmond vs Twin Falls?
A studio apartment Fair Market Rent in Richmond is $669/mo. In Twin Falls it is $499/mo.