Concord vs Fargo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Fargo is 19% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,088/mo in Concord — saving $2,100/year.
Rent by Unit Size
| Unit Size | Concord | Fargo | Difference |
|---|---|---|---|
| Studio | $755 | $577 | $178 |
| 1 Bedroom | $912 | $717 | $195 |
| 2 Bedrooms | $1,088 | $913 | $175 |
| 3 Bedrooms | $1,418 | $1,145 | $273 |
| 4 Bedrooms | $1,586 | $1,249 | $337 |
| Median Income | $53,649 | $45,978 | $7,671 |
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
Fargo
- Studio
- $577/mo
- 1 BR
- $717/mo
- 2 BR
- $913/mo
- 3 BR
- $1,145/mo
- 4 BR
- $1,249/mo
- Median Income
- $45,978/yr
Frequently Asked Questions
Is Concord or Fargo cheaper to rent in?
Fargo is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,088/mo in Concord. That's $175/mo or $2,100/year more expensive in Concord (19% higher).
What is the 2-bedroom rent in Concord vs Fargo?
The HUD Fair Market Rent for a 2-bedroom in Concord is $1,088/month. In Fargo, a 2-bedroom FMR is $913/month.
How do incomes compare between Concord and Fargo?
The median household income in Concord is $53,649/year. In Fargo it is $45,978/year. Concord has the higher median income.
What is the studio rent in Concord vs Fargo?
A studio apartment Fair Market Rent in Concord is $755/mo. In Fargo it is $577/mo.