Housing in Richmond County

The inside story on rent prices
Source: US Census Bureau - ACS 5 Yr 2024

Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.

Rent in Richmond County averages $1,733/month for a 2‑bedroom in 2024, compared to the New York median of $1,621 and the national median of $1,413. Local renters spend approximately 38% of household income on rent, above the national average of 32%.

HUD 2026 50th Percentile Rent Estimates for Richmond County FMR Area are $2,777 for a studio, $2,916 for 1‑bedroom, $3,196 for 2‑bedroom, $4,002 for 3‑bedroom, and $4,348 for 4‑bedroom.

HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $1463 increase for a 2-bedroom in Richmond County shows a 84% rise over that period.

The U.S. Bureau of Labor Statistics annual unemployment rate for Richmond County was 4.7% in 2024, compared to New York at 4.3% and the national rate of 4.0%.

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