Charlotte-Concord-Gastonia vs Laredo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Laredo is 55% cheaper for renters. A 2-bedroom rents for $698/mo vs $1,084/mo in Charlotte-Concord-Gastonia — saving $4,632/year.
Rent by Unit Size
| Unit Size | Charlotte-Concord-Gastonia | Laredo | Difference |
|---|---|---|---|
| Studio | $724 | $463 | $261 |
| 1 Bedroom | $881 | $552 | $329 |
| 2 Bedrooms | $1,084 | $698 | $386 |
| 3 Bedrooms | $1,328 | $851 | $477 |
| 4 Bedrooms | $1,555 | $966 | $589 |
| Median Income | $63,227 | $40,343 | $22,884 |
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
Laredo
- Studio
- $463/mo
- 1 BR
- $552/mo
- 2 BR
- $698/mo
- 3 BR
- $851/mo
- 4 BR
- $966/mo
- Median Income
- $40,343/yr
Frequently Asked Questions
Is Charlotte-Concord-Gastonia or Laredo cheaper to rent in?
Laredo is cheaper — a 2-bedroom Fair Market Rent is $698/mo vs $1,084/mo in Charlotte-Concord-Gastonia. That's $386/mo or $4,632/year more expensive in Charlotte-Concord-Gastonia (55% higher).
What is the 2-bedroom rent in Charlotte-Concord-Gastonia vs Laredo?
The HUD Fair Market Rent for a 2-bedroom in Charlotte-Concord-Gastonia is $1,084/month. In Laredo, a 2-bedroom FMR is $698/month.
How do incomes compare between Charlotte-Concord-Gastonia and Laredo?
The median household income in Charlotte-Concord-Gastonia is $63,227/year. In Laredo it is $40,343/year. Charlotte-Concord-Gastonia has the higher median income.
What is the studio rent in Charlotte-Concord-Gastonia vs Laredo?
A studio apartment Fair Market Rent in Charlotte-Concord-Gastonia is $724/mo. In Laredo it is $463/mo.