Charlotte-Concord-Gastonia vs Salem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Charlotte-Concord-Gastonia is 5% cheaper for renters. A 2-bedroom rents for $1,084/mo vs $1,137/mo in Salem — saving $636/year.
Rent by Unit Size
| Unit Size | Charlotte-Concord-Gastonia | Salem | Difference |
|---|---|---|---|
| Studio | $724 | $741 | $17 |
| 1 Bedroom | $881 | $913 | $32 |
| 2 Bedrooms | $1,084 | $1,137 | $53 |
| 3 Bedrooms | $1,328 | $1,411 | $83 |
| 4 Bedrooms | $1,555 | $1,615 | $60 |
| Median Income | $63,227 | $53,953 | $9,274 |
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
Salem
- Studio
- $741/mo
- 1 BR
- $913/mo
- 2 BR
- $1,137/mo
- 3 BR
- $1,411/mo
- 4 BR
- $1,615/mo
- Median Income
- $53,953/yr
Frequently Asked Questions
Is Charlotte-Concord-Gastonia or Salem cheaper to rent in?
Charlotte-Concord-Gastonia is cheaper — a 2-bedroom Fair Market Rent is $1,084/mo vs $1,137/mo in Salem. That's $53/mo or $636/year more expensive in Salem (5% higher).
What is the 2-bedroom rent in Charlotte-Concord-Gastonia vs Salem?
The HUD Fair Market Rent for a 2-bedroom in Charlotte-Concord-Gastonia is $1,084/month. In Salem, a 2-bedroom FMR is $1,137/month.
How do incomes compare between Charlotte-Concord-Gastonia and Salem?
The median household income in Charlotte-Concord-Gastonia is $63,227/year. In Salem it is $53,953/year. Charlotte-Concord-Gastonia has the higher median income.
What is the studio rent in Charlotte-Concord-Gastonia vs Salem?
A studio apartment Fair Market Rent in Charlotte-Concord-Gastonia is $724/mo. In Salem it is $741/mo.