Charlotte-Concord-Gastonia vs Fargo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Fargo is 19% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,084/mo in Charlotte-Concord-Gastonia — saving $2,052/year.
Rent by Unit Size
| Unit Size | Charlotte-Concord-Gastonia | Fargo | Difference |
|---|---|---|---|
| Studio | $724 | $577 | $147 |
| 1 Bedroom | $881 | $717 | $164 |
| 2 Bedrooms | $1,084 | $913 | $171 |
| 3 Bedrooms | $1,328 | $1,145 | $183 |
| 4 Bedrooms | $1,555 | $1,249 | $306 |
| Median Income | $63,227 | $45,978 | $17,249 |
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
Fargo
- Studio
- $577/mo
- 1 BR
- $717/mo
- 2 BR
- $913/mo
- 3 BR
- $1,145/mo
- 4 BR
- $1,249/mo
- Median Income
- $45,978/yr
Frequently Asked Questions
Is Charlotte-Concord-Gastonia or Fargo cheaper to rent in?
Fargo is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,084/mo in Charlotte-Concord-Gastonia. That's $171/mo or $2,052/year more expensive in Charlotte-Concord-Gastonia (19% higher).
What is the 2-bedroom rent in Charlotte-Concord-Gastonia vs Fargo?
The HUD Fair Market Rent for a 2-bedroom in Charlotte-Concord-Gastonia is $1,084/month. In Fargo, a 2-bedroom FMR is $913/month.
How do incomes compare between Charlotte-Concord-Gastonia and Fargo?
The median household income in Charlotte-Concord-Gastonia is $63,227/year. In Fargo it is $45,978/year. Charlotte-Concord-Gastonia has the higher median income.
What is the studio rent in Charlotte-Concord-Gastonia vs Fargo?
A studio apartment Fair Market Rent in Charlotte-Concord-Gastonia is $724/mo. In Fargo it is $577/mo.