Charlotte-Concord-Gastonia vs Lynchburg
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lynchburg is 50% cheaper for renters. A 2-bedroom rents for $721/mo vs $1,084/mo in Charlotte-Concord-Gastonia — saving $4,356/year.
Rent by Unit Size
| Unit Size | Charlotte-Concord-Gastonia | Lynchburg | Difference |
|---|---|---|---|
| Studio | $724 | $494 | $230 |
| 1 Bedroom | $881 | $589 | $292 |
| 2 Bedrooms | $1,084 | $721 | $363 |
| 3 Bedrooms | $1,328 | $933 | $395 |
| 4 Bedrooms | $1,555 | $1,024 | $531 |
| Median Income | $63,227 | $37,857 | $25,370 |
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
Lynchburg
- Studio
- $494/mo
- 1 BR
- $589/mo
- 2 BR
- $721/mo
- 3 BR
- $933/mo
- 4 BR
- $1,024/mo
- Median Income
- $37,857/yr
Frequently Asked Questions
Is Charlotte-Concord-Gastonia or Lynchburg cheaper to rent in?
Lynchburg is cheaper — a 2-bedroom Fair Market Rent is $721/mo vs $1,084/mo in Charlotte-Concord-Gastonia. That's $363/mo or $4,356/year more expensive in Charlotte-Concord-Gastonia (50% higher).
What is the 2-bedroom rent in Charlotte-Concord-Gastonia vs Lynchburg?
The HUD Fair Market Rent for a 2-bedroom in Charlotte-Concord-Gastonia is $1,084/month. In Lynchburg, a 2-bedroom FMR is $721/month.
How do incomes compare between Charlotte-Concord-Gastonia and Lynchburg?
The median household income in Charlotte-Concord-Gastonia is $63,227/year. In Lynchburg it is $37,857/year. Charlotte-Concord-Gastonia has the higher median income.
What is the studio rent in Charlotte-Concord-Gastonia vs Lynchburg?
A studio apartment Fair Market Rent in Charlotte-Concord-Gastonia is $724/mo. In Lynchburg it is $494/mo.