Bangor vs Concord
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Bangor is 41% cheaper for renters. A 2-bedroom rents for $774/mo vs $1,088/mo in Concord — saving $3,768/year.
Rent by Unit Size
| Unit Size | Bangor | Concord | Difference |
|---|---|---|---|
| Studio | $510 | $755 | $245 |
| 1 Bedroom | $653 | $912 | $259 |
| 2 Bedrooms | $774 | $1,088 | $314 |
| 3 Bedrooms | $996 | $1,418 | $422 |
| 4 Bedrooms | $1,108 | $1,586 | $478 |
| Median Income | $53,743 | $53,649 | $94 |
Bangor
- Studio
- $510/mo
- 1 BR
- $653/mo
- 2 BR
- $774/mo
- 3 BR
- $996/mo
- 4 BR
- $1,108/mo
- Median Income
- $53,743/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 Bangor or Concord cheaper to rent in?
Bangor is cheaper — a 2-bedroom Fair Market Rent is $774/mo vs $1,088/mo in Concord. That's $314/mo or $3,768/year more expensive in Concord (41% higher).
What is the 2-bedroom rent in Bangor vs Concord?
The HUD Fair Market Rent for a 2-bedroom in Bangor is $774/month. In Concord, a 2-bedroom FMR is $1,088/month.
How do incomes compare between Bangor and Concord?
The median household income in Bangor is $53,743/year. In Concord it is $53,649/year. Bangor has the higher median income.
What is the studio rent in Bangor vs Concord?
A studio apartment Fair Market Rent in Bangor is $510/mo. In Concord it is $755/mo.