Charlotte-Concord-Gastonia vs Peoria
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Peoria is 47% cheaper for renters. A 2-bedroom rents for $736/mo vs $1,084/mo in Charlotte-Concord-Gastonia — saving $4,176/year.
Rent by Unit Size
| Unit Size | Charlotte-Concord-Gastonia | Peoria | Difference |
|---|---|---|---|
| Studio | $724 | $470 | $254 |
| 1 Bedroom | $881 | $596 | $285 |
| 2 Bedrooms | $1,084 | $736 | $348 |
| 3 Bedrooms | $1,328 | $870 | $458 |
| 4 Bedrooms | $1,555 | $1,074 | $481 |
| Median Income | $63,227 | $39,404 | $23,823 |
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
Peoria
- Studio
- $470/mo
- 1 BR
- $596/mo
- 2 BR
- $736/mo
- 3 BR
- $870/mo
- 4 BR
- $1,074/mo
- Median Income
- $39,404/yr
Frequently Asked Questions
Is Charlotte-Concord-Gastonia or Peoria cheaper to rent in?
Peoria is cheaper — a 2-bedroom Fair Market Rent is $736/mo vs $1,084/mo in Charlotte-Concord-Gastonia. That's $348/mo or $4,176/year more expensive in Charlotte-Concord-Gastonia (47% higher).
What is the 2-bedroom rent in Charlotte-Concord-Gastonia vs Peoria?
The HUD Fair Market Rent for a 2-bedroom in Charlotte-Concord-Gastonia is $1,084/month. In Peoria, a 2-bedroom FMR is $736/month.
How do incomes compare between Charlotte-Concord-Gastonia and Peoria?
The median household income in Charlotte-Concord-Gastonia is $63,227/year. In Peoria it is $39,404/year. Charlotte-Concord-Gastonia has the higher median income.
What is the studio rent in Charlotte-Concord-Gastonia vs Peoria?
A studio apartment Fair Market Rent in Charlotte-Concord-Gastonia is $724/mo. In Peoria it is $470/mo.