Charlotte-Concord-Gastonia vs Raleigh-Cary
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Charlotte-Concord-Gastonia is 1% cheaper for renters. A 2-bedroom rents for $1,084/mo vs $1,097/mo in Raleigh-Cary — saving $156/year.
Rent by Unit Size
| Unit Size | Charlotte-Concord-Gastonia | Raleigh-Cary | Difference |
|---|---|---|---|
| Studio | $724 | $760 | $36 |
| 1 Bedroom | $881 | $928 | $47 |
| 2 Bedrooms | $1,084 | $1,097 | $13 |
| 3 Bedrooms | $1,328 | $1,435 | $107 |
| 4 Bedrooms | $1,555 | $1,556 | $1 |
| Median Income | $63,227 | $70,678 | $7,451 |
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
Raleigh-Cary
- Studio
- $760/mo
- 1 BR
- $928/mo
- 2 BR
- $1,097/mo
- 3 BR
- $1,435/mo
- 4 BR
- $1,556/mo
- Median Income
- $70,678/yr
Frequently Asked Questions
Is Charlotte-Concord-Gastonia or Raleigh-Cary cheaper to rent in?
Charlotte-Concord-Gastonia is cheaper — a 2-bedroom Fair Market Rent is $1,084/mo vs $1,097/mo in Raleigh-Cary. That's $13/mo or $156/year more expensive in Raleigh-Cary (1% higher).
What is the 2-bedroom rent in Charlotte-Concord-Gastonia vs Raleigh-Cary?
The HUD Fair Market Rent for a 2-bedroom in Charlotte-Concord-Gastonia is $1,084/month. In Raleigh-Cary, a 2-bedroom FMR is $1,097/month.
How do incomes compare between Charlotte-Concord-Gastonia and Raleigh-Cary?
The median household income in Charlotte-Concord-Gastonia is $63,227/year. In Raleigh-Cary it is $70,678/year. Raleigh-Cary has the higher median income.
What is the studio rent in Charlotte-Concord-Gastonia vs Raleigh-Cary?
A studio apartment Fair Market Rent in Charlotte-Concord-Gastonia is $724/mo. In Raleigh-Cary it is $760/mo.