Charlotte-Concord-Gastonia vs Virginia Beach-Norfolk-Newport News
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Virginia Beach-Norfolk-Newport News is 9% cheaper for renters. A 2-bedroom rents for $994/mo vs $1,084/mo in Charlotte-Concord-Gastonia — saving $1,080/year.
Rent by Unit Size
| Unit Size | Charlotte-Concord-Gastonia | Virginia Beach-Norfolk-Newport News | Difference |
|---|---|---|---|
| Studio | $724 | $659 | $65 |
| 1 Bedroom | $881 | $824 | $57 |
| 2 Bedrooms | $1,084 | $994 | $90 |
| 3 Bedrooms | $1,328 | $1,234 | $94 |
| 4 Bedrooms | $1,555 | $1,448 | $107 |
| Median Income | $63,227 | $57,948 | $5,279 |
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
Virginia Beach-Norfolk-Newport News
- Studio
- $659/mo
- 1 BR
- $824/mo
- 2 BR
- $994/mo
- 3 BR
- $1,234/mo
- 4 BR
- $1,448/mo
- Median Income
- $57,948/yr
Frequently Asked Questions
Is Charlotte-Concord-Gastonia or Virginia Beach-Norfolk-Newport News cheaper to rent in?
Virginia Beach-Norfolk-Newport News is cheaper — a 2-bedroom Fair Market Rent is $994/mo vs $1,084/mo in Charlotte-Concord-Gastonia. That's $90/mo or $1,080/year more expensive in Charlotte-Concord-Gastonia (9% higher).
What is the 2-bedroom rent in Charlotte-Concord-Gastonia vs Virginia Beach-Norfolk-Newport News?
The HUD Fair Market Rent for a 2-bedroom in Charlotte-Concord-Gastonia is $1,084/month. In Virginia Beach-Norfolk-Newport News, a 2-bedroom FMR is $994/month.
How do incomes compare between Charlotte-Concord-Gastonia and Virginia Beach-Norfolk-Newport News?
The median household income in Charlotte-Concord-Gastonia is $63,227/year. In Virginia Beach-Norfolk-Newport News it is $57,948/year. Charlotte-Concord-Gastonia has the higher median income.
What is the studio rent in Charlotte-Concord-Gastonia vs Virginia Beach-Norfolk-Newport News?
A studio apartment Fair Market Rent in Charlotte-Concord-Gastonia is $724/mo. In Virginia Beach-Norfolk-Newport News it is $659/mo.