Concord vs Laredo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Laredo is 56% cheaper for renters. A 2-bedroom rents for $698/mo vs $1,088/mo in Concord — saving $4,680/year.
Rent by Unit Size
| Unit Size | Concord | Laredo | Difference |
|---|---|---|---|
| Studio | $755 | $463 | $292 |
| 1 Bedroom | $912 | $552 | $360 |
| 2 Bedrooms | $1,088 | $698 | $390 |
| 3 Bedrooms | $1,418 | $851 | $567 |
| 4 Bedrooms | $1,586 | $966 | $620 |
| Median Income | $53,649 | $40,343 | $13,306 |
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
Laredo
- Studio
- $463/mo
- 1 BR
- $552/mo
- 2 BR
- $698/mo
- 3 BR
- $851/mo
- 4 BR
- $966/mo
- Median Income
- $40,343/yr
Frequently Asked Questions
Is Concord or Laredo cheaper to rent in?
Laredo is cheaper — a 2-bedroom Fair Market Rent is $698/mo vs $1,088/mo in Concord. That's $390/mo or $4,680/year more expensive in Concord (56% higher).
What is the 2-bedroom rent in Concord vs Laredo?
The HUD Fair Market Rent for a 2-bedroom in Concord is $1,088/month. In Laredo, a 2-bedroom FMR is $698/month.
How do incomes compare between Concord and Laredo?
The median household income in Concord is $53,649/year. In Laredo it is $40,343/year. Concord has the higher median income.
What is the studio rent in Concord vs Laredo?
A studio apartment Fair Market Rent in Concord is $755/mo. In Laredo it is $463/mo.