FairRentWize

Concord vs Lake Charles

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Lake Charles is 48% cheaper for renters. A 2-bedroom rents for $735/mo vs $1,088/mo in Concord — saving $4,236/year.

Rent by Unit Size

Unit SizeConcordLake CharlesDifference
Studio$755$490$265
1 Bedroom$912$592$320
2 Bedrooms$1,088$735$353
3 Bedrooms$1,418$930$488
4 Bedrooms$1,586$984$602
Median Income$53,649$45,479$8,170

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
Full Concord profile →

Lake Charles

Studio
$490/mo
1 BR
$592/mo
2 BR
$735/mo
3 BR
$930/mo
4 BR
$984/mo
Median Income
$45,479/yr
Full Lake Charles profile →

Frequently Asked Questions

Is Concord or Lake Charles cheaper to rent in?
Lake Charles is cheaper — a 2-bedroom Fair Market Rent is $735/mo vs $1,088/mo in Concord. That's $353/mo or $4,236/year more expensive in Concord (48% higher).
What is the 2-bedroom rent in Concord vs Lake Charles?
The HUD Fair Market Rent for a 2-bedroom in Concord is $1,088/month. In Lake Charles, a 2-bedroom FMR is $735/month.
How do incomes compare between Concord and Lake Charles?
The median household income in Concord is $53,649/year. In Lake Charles it is $45,479/year. Concord has the higher median income.
What is the studio rent in Concord vs Lake Charles?
A studio apartment Fair Market Rent in Concord is $755/mo. In Lake Charles it is $490/mo.