Concord vs Fort Wayne
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Fort Wayne is 40% cheaper for renters. A 2-bedroom rents for $777/mo vs $1,088/mo in Concord — saving $3,732/year.
Rent by Unit Size
| Unit Size | Concord | Fort Wayne | Difference |
|---|---|---|---|
| Studio | $755 | $499 | $256 |
| 1 Bedroom | $912 | $639 | $273 |
| 2 Bedrooms | $1,088 | $777 | $311 |
| 3 Bedrooms | $1,418 | $969 | $449 |
| 4 Bedrooms | $1,586 | $1,175 | $411 |
| Median Income | $53,649 | $47,806 | $5,843 |
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
Fort Wayne
- Studio
- $499/mo
- 1 BR
- $639/mo
- 2 BR
- $777/mo
- 3 BR
- $969/mo
- 4 BR
- $1,175/mo
- Median Income
- $47,806/yr
Frequently Asked Questions
Is Concord or Fort Wayne cheaper to rent in?
Fort Wayne is cheaper — a 2-bedroom Fair Market Rent is $777/mo vs $1,088/mo in Concord. That's $311/mo or $3,732/year more expensive in Concord (40% higher).
What is the 2-bedroom rent in Concord vs Fort Wayne?
The HUD Fair Market Rent for a 2-bedroom in Concord is $1,088/month. In Fort Wayne, a 2-bedroom FMR is $777/month.
How do incomes compare between Concord and Fort Wayne?
The median household income in Concord is $53,649/year. In Fort Wayne it is $47,806/year. Concord has the higher median income.
What is the studio rent in Concord vs Fort Wayne?
A studio apartment Fair Market Rent in Concord is $755/mo. In Fort Wayne it is $499/mo.