Charlotte-Concord-Gastonia vs New York-Newark-Jersey City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Charlotte-Concord-Gastonia is 112% cheaper for renters. A 2-bedroom rents for $1,084/mo vs $2,293/mo in New York-Newark-Jersey City — saving $14,508/year.
Rent by Unit Size
| Unit Size | Charlotte-Concord-Gastonia | New York-Newark-Jersey City | Difference |
|---|---|---|---|
| Studio | $724 | $1,531 | $807 |
| 1 Bedroom | $881 | $1,813 | $932 |
| 2 Bedrooms | $1,084 | $2,293 | $1,209 |
| 3 Bedrooms | $1,328 | $2,674 | $1,346 |
| 4 Bedrooms | $1,555 | $3,167 | $1,612 |
| Median Income | $63,227 | $124,777 | $61,550 |
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
New York-Newark-Jersey City
- Studio
- $1,531/mo
- 1 BR
- $1,813/mo
- 2 BR
- $2,293/mo
- 3 BR
- $2,674/mo
- 4 BR
- $3,167/mo
- Median Income
- $124,777/yr
Frequently Asked Questions
Is Charlotte-Concord-Gastonia or New York-Newark-Jersey City cheaper to rent in?
Charlotte-Concord-Gastonia is cheaper — a 2-bedroom Fair Market Rent is $1,084/mo vs $2,293/mo in New York-Newark-Jersey City. That's $1,209/mo or $14,508/year more expensive in New York-Newark-Jersey City (112% higher).
What is the 2-bedroom rent in Charlotte-Concord-Gastonia vs New York-Newark-Jersey City?
The HUD Fair Market Rent for a 2-bedroom in Charlotte-Concord-Gastonia is $1,084/month. In New York-Newark-Jersey City, a 2-bedroom FMR is $2,293/month.
How do incomes compare between Charlotte-Concord-Gastonia and New York-Newark-Jersey City?
The median household income in Charlotte-Concord-Gastonia is $63,227/year. In New York-Newark-Jersey City it is $124,777/year. New York-Newark-Jersey City has the higher median income.
What is the studio rent in Charlotte-Concord-Gastonia vs New York-Newark-Jersey City?
A studio apartment Fair Market Rent in Charlotte-Concord-Gastonia is $724/mo. In New York-Newark-Jersey City it is $1,531/mo.