Charlotte-Concord-Gastonia vs Lake Charles
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lake Charles is 47% cheaper for renters. A 2-bedroom rents for $735/mo vs $1,084/mo in Charlotte-Concord-Gastonia — saving $4,188/year.
Rent by Unit Size
| Unit Size | Charlotte-Concord-Gastonia | Lake Charles | Difference |
|---|---|---|---|
| Studio | $724 | $490 | $234 |
| 1 Bedroom | $881 | $592 | $289 |
| 2 Bedrooms | $1,084 | $735 | $349 |
| 3 Bedrooms | $1,328 | $930 | $398 |
| 4 Bedrooms | $1,555 | $984 | $571 |
| Median Income | $63,227 | $45,479 | $17,748 |
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
Lake Charles
- Studio
- $490/mo
- 1 BR
- $592/mo
- 2 BR
- $735/mo
- 3 BR
- $930/mo
- 4 BR
- $984/mo
- Median Income
- $45,479/yr
Frequently Asked Questions
Is Charlotte-Concord-Gastonia or Lake Charles cheaper to rent in?
Lake Charles is cheaper — a 2-bedroom Fair Market Rent is $735/mo vs $1,084/mo in Charlotte-Concord-Gastonia. That's $349/mo or $4,188/year more expensive in Charlotte-Concord-Gastonia (47% higher).
What is the 2-bedroom rent in Charlotte-Concord-Gastonia vs Lake Charles?
The HUD Fair Market Rent for a 2-bedroom in Charlotte-Concord-Gastonia is $1,084/month. In Lake Charles, a 2-bedroom FMR is $735/month.
How do incomes compare between Charlotte-Concord-Gastonia and Lake Charles?
The median household income in Charlotte-Concord-Gastonia is $63,227/year. In Lake Charles it is $45,479/year. Charlotte-Concord-Gastonia has the higher median income.
What is the studio rent in Charlotte-Concord-Gastonia vs Lake Charles?
A studio apartment Fair Market Rent in Charlotte-Concord-Gastonia is $724/mo. In Lake Charles it is $490/mo.