Richmond vs Wichita
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Wichita is 25% cheaper for renters. A 2-bedroom rents for $815/mo vs $1,021/mo in Richmond — saving $2,472/year.
Rent by Unit Size
| Unit Size | Richmond | Wichita | Difference |
|---|---|---|---|
| Studio | $669 | $544 | $125 |
| 1 Bedroom | $842 | $646 | $196 |
| 2 Bedrooms | $1,021 | $815 | $206 |
| 3 Bedrooms | $1,317 | $943 | $374 |
| 4 Bedrooms | $1,453 | $1,087 | $366 |
| Median Income | $69,914 | $42,402 | $27,512 |
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
Wichita
- Studio
- $544/mo
- 1 BR
- $646/mo
- 2 BR
- $815/mo
- 3 BR
- $943/mo
- 4 BR
- $1,087/mo
- Median Income
- $42,402/yr
Frequently Asked Questions
Is Richmond or Wichita cheaper to rent in?
Wichita is cheaper — a 2-bedroom Fair Market Rent is $815/mo vs $1,021/mo in Richmond. That's $206/mo or $2,472/year more expensive in Richmond (25% higher).
What is the 2-bedroom rent in Richmond vs Wichita?
The HUD Fair Market Rent for a 2-bedroom in Richmond is $1,021/month. In Wichita, a 2-bedroom FMR is $815/month.
How do incomes compare between Richmond and Wichita?
The median household income in Richmond is $69,914/year. In Wichita it is $42,402/year. Richmond has the higher median income.
What is the studio rent in Richmond vs Wichita?
A studio apartment Fair Market Rent in Richmond is $669/mo. In Wichita it is $544/mo.