Champaign-Urbana vs Concord
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Champaign-Urbana is 42% cheaper for renters. A 2-bedroom rents for $764/mo vs $1,088/mo in Concord — saving $3,888/year.
Rent by Unit Size
| Unit Size | Champaign-Urbana | Concord | Difference |
|---|---|---|---|
| Studio | $503 | $755 | $252 |
| 1 Bedroom | $642 | $912 | $270 |
| 2 Bedrooms | $764 | $1,088 | $324 |
| 3 Bedrooms | $1,017 | $1,418 | $401 |
| 4 Bedrooms | $1,103 | $1,586 | $483 |
| Median Income | $49,808 | $53,649 | $3,841 |
Champaign-Urbana
- Studio
- $503/mo
- 1 BR
- $642/mo
- 2 BR
- $764/mo
- 3 BR
- $1,017/mo
- 4 BR
- $1,103/mo
- Median Income
- $49,808/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 Champaign-Urbana or Concord cheaper to rent in?
Champaign-Urbana is cheaper — a 2-bedroom Fair Market Rent is $764/mo vs $1,088/mo in Concord. That's $324/mo or $3,888/year more expensive in Concord (42% higher).
What is the 2-bedroom rent in Champaign-Urbana vs Concord?
The HUD Fair Market Rent for a 2-bedroom in Champaign-Urbana is $764/month. In Concord, a 2-bedroom FMR is $1,088/month.
How do incomes compare between Champaign-Urbana and Concord?
The median household income in Champaign-Urbana is $49,808/year. In Concord it is $53,649/year. Concord has the higher median income.
What is the studio rent in Champaign-Urbana vs Concord?
A studio apartment Fair Market Rent in Champaign-Urbana is $503/mo. In Concord it is $755/mo.