Ann Arbor vs Concord
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Concord is 8% cheaper for renters. A 2-bedroom rents for $1,088/mo vs $1,170/mo in Ann Arbor — saving $984/year.
Rent by Unit Size
| Unit Size | Ann Arbor | Concord | Difference |
|---|---|---|---|
| Studio | $781 | $755 | $26 |
| 1 Bedroom | $945 | $912 | $33 |
| 2 Bedrooms | $1,170 | $1,088 | $82 |
| 3 Bedrooms | $1,486 | $1,418 | $68 |
| 4 Bedrooms | $1,736 | $1,586 | $150 |
| Median Income | $58,245 | $53,649 | $4,596 |
Ann Arbor
- Studio
- $781/mo
- 1 BR
- $945/mo
- 2 BR
- $1,170/mo
- 3 BR
- $1,486/mo
- 4 BR
- $1,736/mo
- Median Income
- $58,245/yr
Concord
- Studio
- $755/mo
- 1 BR
- $912/mo
- 2 BR
- $1,088/mo
- 3 BR
- $1,418/mo
- 4 BR
- $1,586/mo
- Median Income
- $53,649/yr
Frequently Asked Questions
Is Ann Arbor or Concord cheaper to rent in?
Concord is cheaper — a 2-bedroom Fair Market Rent is $1,088/mo vs $1,170/mo in Ann Arbor. That's $82/mo or $984/year more expensive in Ann Arbor (8% higher).
What is the 2-bedroom rent in Ann Arbor vs Concord?
The HUD Fair Market Rent for a 2-bedroom in Ann Arbor is $1,170/month. In Concord, a 2-bedroom FMR is $1,088/month.
How do incomes compare between Ann Arbor and Concord?
The median household income in Ann Arbor is $58,245/year. In Concord it is $53,649/year. Ann Arbor has the higher median income.
What is the studio rent in Ann Arbor vs Concord?
A studio apartment Fair Market Rent in Ann Arbor is $781/mo. In Concord it is $755/mo.