Charlotte-Concord-Gastonia vs Lexington-Fayette
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lexington-Fayette 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 | Lexington-Fayette | Difference |
|---|---|---|---|
| Studio | $724 | $595 | $129 |
| 1 Bedroom | $881 | $719 | $162 |
| 2 Bedrooms | $1,084 | $913 | $171 |
| 3 Bedrooms | $1,328 | $1,047 | $281 |
| 4 Bedrooms | $1,555 | $1,300 | $255 |
| Median Income | $63,227 | $47,838 | $15,389 |
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
Lexington-Fayette
- Studio
- $595/mo
- 1 BR
- $719/mo
- 2 BR
- $913/mo
- 3 BR
- $1,047/mo
- 4 BR
- $1,300/mo
- Median Income
- $47,838/yr
Frequently Asked Questions
Is Charlotte-Concord-Gastonia or Lexington-Fayette cheaper to rent in?
Lexington-Fayette 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 Lexington-Fayette?
The HUD Fair Market Rent for a 2-bedroom in Charlotte-Concord-Gastonia is $1,084/month. In Lexington-Fayette, a 2-bedroom FMR is $913/month.
How do incomes compare between Charlotte-Concord-Gastonia and Lexington-Fayette?
The median household income in Charlotte-Concord-Gastonia is $63,227/year. In Lexington-Fayette it is $47,838/year. Charlotte-Concord-Gastonia has the higher median income.
What is the studio rent in Charlotte-Concord-Gastonia vs Lexington-Fayette?
A studio apartment Fair Market Rent in Charlotte-Concord-Gastonia is $724/mo. In Lexington-Fayette it is $595/mo.