Charlotte-Concord-Gastonia vs Fort Wayne
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Fort Wayne is 40% cheaper for renters. A 2-bedroom rents for $777/mo vs $1,084/mo in Charlotte-Concord-Gastonia — saving $3,684/year.
Rent by Unit Size
| Unit Size | Charlotte-Concord-Gastonia | Fort Wayne | Difference |
|---|---|---|---|
| Studio | $724 | $499 | $225 |
| 1 Bedroom | $881 | $639 | $242 |
| 2 Bedrooms | $1,084 | $777 | $307 |
| 3 Bedrooms | $1,328 | $969 | $359 |
| 4 Bedrooms | $1,555 | $1,175 | $380 |
| Median Income | $63,227 | $47,806 | $15,421 |
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
Fort Wayne
- Studio
- $499/mo
- 1 BR
- $639/mo
- 2 BR
- $777/mo
- 3 BR
- $969/mo
- 4 BR
- $1,175/mo
- Median Income
- $47,806/yr
Frequently Asked Questions
Is Charlotte-Concord-Gastonia or Fort Wayne cheaper to rent in?
Fort Wayne is cheaper — a 2-bedroom Fair Market Rent is $777/mo vs $1,084/mo in Charlotte-Concord-Gastonia. That's $307/mo or $3,684/year more expensive in Charlotte-Concord-Gastonia (40% higher).
What is the 2-bedroom rent in Charlotte-Concord-Gastonia vs Fort Wayne?
The HUD Fair Market Rent for a 2-bedroom in Charlotte-Concord-Gastonia is $1,084/month. In Fort Wayne, a 2-bedroom FMR is $777/month.
How do incomes compare between Charlotte-Concord-Gastonia and Fort Wayne?
The median household income in Charlotte-Concord-Gastonia is $63,227/year. In Fort Wayne it is $47,806/year. Charlotte-Concord-Gastonia has the higher median income.
What is the studio rent in Charlotte-Concord-Gastonia vs Fort Wayne?
A studio apartment Fair Market Rent in Charlotte-Concord-Gastonia is $724/mo. In Fort Wayne it is $499/mo.