Charlotte-Concord-Gastonia vs Racine
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Racine is 37% cheaper for renters. A 2-bedroom rents for $794/mo vs $1,084/mo in Charlotte-Concord-Gastonia — saving $3,480/year.
Rent by Unit Size
| Unit Size | Charlotte-Concord-Gastonia | Racine | Difference |
|---|---|---|---|
| Studio | $724 | $508 | $216 |
| 1 Bedroom | $881 | $641 | $240 |
| 2 Bedrooms | $1,084 | $794 | $290 |
| 3 Bedrooms | $1,328 | $1,002 | $326 |
| 4 Bedrooms | $1,555 | $1,141 | $414 |
| Median Income | $63,227 | $42,267 | $20,960 |
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
Racine
- Studio
- $508/mo
- 1 BR
- $641/mo
- 2 BR
- $794/mo
- 3 BR
- $1,002/mo
- 4 BR
- $1,141/mo
- Median Income
- $42,267/yr
Frequently Asked Questions
Is Charlotte-Concord-Gastonia or Racine cheaper to rent in?
Racine is cheaper — a 2-bedroom Fair Market Rent is $794/mo vs $1,084/mo in Charlotte-Concord-Gastonia. That's $290/mo or $3,480/year more expensive in Charlotte-Concord-Gastonia (37% higher).
What is the 2-bedroom rent in Charlotte-Concord-Gastonia vs Racine?
The HUD Fair Market Rent for a 2-bedroom in Charlotte-Concord-Gastonia is $1,084/month. In Racine, a 2-bedroom FMR is $794/month.
How do incomes compare between Charlotte-Concord-Gastonia and Racine?
The median household income in Charlotte-Concord-Gastonia is $63,227/year. In Racine it is $42,267/year. Charlotte-Concord-Gastonia has the higher median income.
What is the studio rent in Charlotte-Concord-Gastonia vs Racine?
A studio apartment Fair Market Rent in Charlotte-Concord-Gastonia is $724/mo. In Racine it is $508/mo.