Charlotte-Concord-Gastonia vs Merced
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Merced is 3% cheaper for renters. A 2-bedroom rents for $1,055/mo vs $1,084/mo in Charlotte-Concord-Gastonia — saving $348/year.
Rent by Unit Size
| Unit Size | Charlotte-Concord-Gastonia | Merced | Difference |
|---|---|---|---|
| Studio | $724 | $696 | $28 |
| 1 Bedroom | $881 | $865 | $16 |
| 2 Bedrooms | $1,084 | $1,055 | $29 |
| 3 Bedrooms | $1,328 | $1,328 | $0 |
| 4 Bedrooms | $1,555 | $1,460 | $95 |
| Median Income | $63,227 | $60,958 | $2,269 |
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
Merced
- Studio
- $696/mo
- 1 BR
- $865/mo
- 2 BR
- $1,055/mo
- 3 BR
- $1,328/mo
- 4 BR
- $1,460/mo
- Median Income
- $60,958/yr
Frequently Asked Questions
Is Charlotte-Concord-Gastonia or Merced cheaper to rent in?
Merced is cheaper — a 2-bedroom Fair Market Rent is $1,055/mo vs $1,084/mo in Charlotte-Concord-Gastonia. That's $29/mo or $348/year more expensive in Charlotte-Concord-Gastonia (3% higher).
What is the 2-bedroom rent in Charlotte-Concord-Gastonia vs Merced?
The HUD Fair Market Rent for a 2-bedroom in Charlotte-Concord-Gastonia is $1,084/month. In Merced, a 2-bedroom FMR is $1,055/month.
How do incomes compare between Charlotte-Concord-Gastonia and Merced?
The median household income in Charlotte-Concord-Gastonia is $63,227/year. In Merced it is $60,958/year. Charlotte-Concord-Gastonia has the higher median income.
What is the studio rent in Charlotte-Concord-Gastonia vs Merced?
A studio apartment Fair Market Rent in Charlotte-Concord-Gastonia is $724/mo. In Merced it is $696/mo.