Richmond vs Washington-Arlington-Alexandria
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Richmond is 58% cheaper for renters. A 2-bedroom rents for $1,021/mo vs $1,617/mo in Washington-Arlington-Alexandria — saving $7,152/year.
Rent by Unit Size
| Unit Size | Richmond | Washington-Arlington-Alexandria | Difference |
|---|---|---|---|
| Studio | $669 | $1,069 | $400 |
| 1 Bedroom | $842 | $1,302 | $460 |
| 2 Bedrooms | $1,021 | $1,617 | $596 |
| 3 Bedrooms | $1,317 | $1,969 | $652 |
| 4 Bedrooms | $1,453 | $2,300 | $847 |
| Median Income | $69,914 | $101,438 | $31,524 |
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
Washington-Arlington-Alexandria
- Studio
- $1,069/mo
- 1 BR
- $1,302/mo
- 2 BR
- $1,617/mo
- 3 BR
- $1,969/mo
- 4 BR
- $2,300/mo
- Median Income
- $101,438/yr
Frequently Asked Questions
Is Richmond or Washington-Arlington-Alexandria cheaper to rent in?
Richmond is cheaper — a 2-bedroom Fair Market Rent is $1,021/mo vs $1,617/mo in Washington-Arlington-Alexandria. That's $596/mo or $7,152/year more expensive in Washington-Arlington-Alexandria (58% higher).
What is the 2-bedroom rent in Richmond vs Washington-Arlington-Alexandria?
The HUD Fair Market Rent for a 2-bedroom in Richmond is $1,021/month. In Washington-Arlington-Alexandria, a 2-bedroom FMR is $1,617/month.
How do incomes compare between Richmond and Washington-Arlington-Alexandria?
The median household income in Richmond is $69,914/year. In Washington-Arlington-Alexandria it is $101,438/year. Washington-Arlington-Alexandria has the higher median income.
What is the studio rent in Richmond vs Washington-Arlington-Alexandria?
A studio apartment Fair Market Rent in Richmond is $669/mo. In Washington-Arlington-Alexandria it is $1,069/mo.