Charlotte-Concord-Gastonia vs Medford
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Medford is 2% cheaper for renters. A 2-bedroom rents for $1,065/mo vs $1,084/mo in Charlotte-Concord-Gastonia — saving $228/year.
Rent by Unit Size
| Unit Size | Charlotte-Concord-Gastonia | Medford | Difference |
|---|---|---|---|
| Studio | $724 | $704 | $20 |
| 1 Bedroom | $881 | $865 | $16 |
| 2 Bedrooms | $1,084 | $1,065 | $19 |
| 3 Bedrooms | $1,328 | $1,318 | $10 |
| 4 Bedrooms | $1,555 | $1,480 | $75 |
| Median Income | $63,227 | $51,417 | $11,810 |
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
Medford
- Studio
- $704/mo
- 1 BR
- $865/mo
- 2 BR
- $1,065/mo
- 3 BR
- $1,318/mo
- 4 BR
- $1,480/mo
- Median Income
- $51,417/yr
Frequently Asked Questions
Is Charlotte-Concord-Gastonia or Medford cheaper to rent in?
Medford is cheaper — a 2-bedroom Fair Market Rent is $1,065/mo vs $1,084/mo in Charlotte-Concord-Gastonia. That's $19/mo or $228/year more expensive in Charlotte-Concord-Gastonia (2% higher).
What is the 2-bedroom rent in Charlotte-Concord-Gastonia vs Medford?
The HUD Fair Market Rent for a 2-bedroom in Charlotte-Concord-Gastonia is $1,084/month. In Medford, a 2-bedroom FMR is $1,065/month.
How do incomes compare between Charlotte-Concord-Gastonia and Medford?
The median household income in Charlotte-Concord-Gastonia is $63,227/year. In Medford it is $51,417/year. Charlotte-Concord-Gastonia has the higher median income.
What is the studio rent in Charlotte-Concord-Gastonia vs Medford?
A studio apartment Fair Market Rent in Charlotte-Concord-Gastonia is $724/mo. In Medford it is $704/mo.