Charlotte-Concord-Gastonia vs El Paso
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
El Paso is 25% cheaper for renters. A 2-bedroom rents for $868/mo vs $1,084/mo in Charlotte-Concord-Gastonia — saving $2,592/year.
Rent by Unit Size
| Unit Size | Charlotte-Concord-Gastonia | El Paso | Difference |
|---|---|---|---|
| Studio | $724 | $557 | $167 |
| 1 Bedroom | $881 | $685 | $196 |
| 2 Bedrooms | $1,084 | $868 | $216 |
| 3 Bedrooms | $1,328 | $1,052 | $276 |
| 4 Bedrooms | $1,555 | $1,194 | $361 |
| Median Income | $63,227 | $45,964 | $17,263 |
Charlotte-Concord-Gastonia
- Studio
- $724/mo
- 1 BR
- $881/mo
- 2 BR
- $1,084/mo
- 3 BR
- $1,328/mo
- 4 BR
- $1,555/mo
- Median Income
- $63,227/yr
El Paso
- Studio
- $557/mo
- 1 BR
- $685/mo
- 2 BR
- $868/mo
- 3 BR
- $1,052/mo
- 4 BR
- $1,194/mo
- Median Income
- $45,964/yr
Frequently Asked Questions
Is Charlotte-Concord-Gastonia or El Paso cheaper to rent in?
El Paso is cheaper — a 2-bedroom Fair Market Rent is $868/mo vs $1,084/mo in Charlotte-Concord-Gastonia. That's $216/mo or $2,592/year more expensive in Charlotte-Concord-Gastonia (25% higher).
What is the 2-bedroom rent in Charlotte-Concord-Gastonia vs El Paso?
The HUD Fair Market Rent for a 2-bedroom in Charlotte-Concord-Gastonia is $1,084/month. In El Paso, a 2-bedroom FMR is $868/month.
How do incomes compare between Charlotte-Concord-Gastonia and El Paso?
The median household income in Charlotte-Concord-Gastonia is $63,227/year. In El Paso it is $45,964/year. Charlotte-Concord-Gastonia has the higher median income.
What is the studio rent in Charlotte-Concord-Gastonia vs El Paso?
A studio apartment Fair Market Rent in Charlotte-Concord-Gastonia is $724/mo. In El Paso it is $557/mo.