Asheville vs Concord
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Concord is 2% cheaper for renters. A 2-bedroom rents for $1,088/mo vs $1,106/mo in Asheville — saving $216/year.
Rent by Unit Size
| Unit Size | Asheville | Concord | Difference |
|---|---|---|---|
| Studio | $689 | $755 | $66 |
| 1 Bedroom | $875 | $912 | $37 |
| 2 Bedrooms | $1,106 | $1,088 | $18 |
| 3 Bedrooms | $1,316 | $1,418 | $102 |
| 4 Bedrooms | $1,577 | $1,586 | $9 |
| Median Income | $64,400 | $53,649 | $10,751 |
Asheville
- Studio
- $689/mo
- 1 BR
- $875/mo
- 2 BR
- $1,106/mo
- 3 BR
- $1,316/mo
- 4 BR
- $1,577/mo
- Median Income
- $64,400/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 Asheville or Concord cheaper to rent in?
Concord is cheaper — a 2-bedroom Fair Market Rent is $1,088/mo vs $1,106/mo in Asheville. That's $18/mo or $216/year more expensive in Asheville (2% higher).
What is the 2-bedroom rent in Asheville vs Concord?
The HUD Fair Market Rent for a 2-bedroom in Asheville is $1,106/month. In Concord, a 2-bedroom FMR is $1,088/month.
How do incomes compare between Asheville and Concord?
The median household income in Asheville is $64,400/year. In Concord it is $53,649/year. Asheville has the higher median income.
What is the studio rent in Asheville vs Concord?
A studio apartment Fair Market Rent in Asheville is $689/mo. In Concord it is $755/mo.