Concord vs Durham-Chapel Hill
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Concord is 1% cheaper for renters. A 2-bedroom rents for $1,088/mo vs $1,098/mo in Durham-Chapel Hill — saving $120/year.
Rent by Unit Size
| Unit Size | Concord | Durham-Chapel Hill | Difference |
|---|---|---|---|
| Studio | $755 | $730 | $25 |
| 1 Bedroom | $912 | $882 | $30 |
| 2 Bedrooms | $1,088 | $1,098 | $10 |
| 3 Bedrooms | $1,418 | $1,391 | $27 |
| 4 Bedrooms | $1,586 | $1,605 | $19 |
| Median Income | $53,649 | $69,791 | $16,142 |
Concord
- Studio
- $755/mo
- 1 BR
- $912/mo
- 2 BR
- $1,088/mo
- 3 BR
- $1,418/mo
- 4 BR
- $1,586/mo
- Median Income
- $53,649/yr
Durham-Chapel Hill
- Studio
- $730/mo
- 1 BR
- $882/mo
- 2 BR
- $1,098/mo
- 3 BR
- $1,391/mo
- 4 BR
- $1,605/mo
- Median Income
- $69,791/yr
Frequently Asked Questions
Is Concord or Durham-Chapel Hill cheaper to rent in?
Concord is cheaper — a 2-bedroom Fair Market Rent is $1,088/mo vs $1,098/mo in Durham-Chapel Hill. That's $10/mo or $120/year more expensive in Durham-Chapel Hill (1% higher).
What is the 2-bedroom rent in Concord vs Durham-Chapel Hill?
The HUD Fair Market Rent for a 2-bedroom in Concord is $1,088/month. In Durham-Chapel Hill, a 2-bedroom FMR is $1,098/month.
How do incomes compare between Concord and Durham-Chapel Hill?
The median household income in Concord is $53,649/year. In Durham-Chapel Hill it is $69,791/year. Durham-Chapel Hill has the higher median income.
What is the studio rent in Concord vs Durham-Chapel Hill?
A studio apartment Fair Market Rent in Concord is $755/mo. In Durham-Chapel Hill it is $730/mo.