Charlotte-Concord-Gastonia vs Lafayette
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lafayette is 46% cheaper for renters. A 2-bedroom rents for $741/mo vs $1,084/mo in Charlotte-Concord-Gastonia — saving $4,116/year.
Rent by Unit Size
| Unit Size | Charlotte-Concord-Gastonia | Lafayette | Difference |
|---|---|---|---|
| Studio | $724 | $502 | $222 |
| 1 Bedroom | $881 | $626 | $255 |
| 2 Bedrooms | $1,084 | $741 | $343 |
| 3 Bedrooms | $1,328 | $958 | $370 |
| 4 Bedrooms | $1,555 | $1,134 | $421 |
| Median Income | $63,227 | $38,989 | $24,238 |
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
Lafayette
- Studio
- $502/mo
- 1 BR
- $626/mo
- 2 BR
- $741/mo
- 3 BR
- $958/mo
- 4 BR
- $1,134/mo
- Median Income
- $38,989/yr
Frequently Asked Questions
Is Charlotte-Concord-Gastonia or Lafayette cheaper to rent in?
Lafayette is cheaper — a 2-bedroom Fair Market Rent is $741/mo vs $1,084/mo in Charlotte-Concord-Gastonia. That's $343/mo or $4,116/year more expensive in Charlotte-Concord-Gastonia (46% higher).
What is the 2-bedroom rent in Charlotte-Concord-Gastonia vs Lafayette?
The HUD Fair Market Rent for a 2-bedroom in Charlotte-Concord-Gastonia is $1,084/month. In Lafayette, a 2-bedroom FMR is $741/month.
How do incomes compare between Charlotte-Concord-Gastonia and Lafayette?
The median household income in Charlotte-Concord-Gastonia is $63,227/year. In Lafayette it is $38,989/year. Charlotte-Concord-Gastonia has the higher median income.
What is the studio rent in Charlotte-Concord-Gastonia vs Lafayette?
A studio apartment Fair Market Rent in Charlotte-Concord-Gastonia is $724/mo. In Lafayette it is $502/mo.