Concord vs Lynchburg
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lynchburg is 51% cheaper for renters. A 2-bedroom rents for $721/mo vs $1,088/mo in Concord — saving $4,404/year.
Rent by Unit Size
| Unit Size | Concord | Lynchburg | Difference |
|---|---|---|---|
| Studio | $755 | $494 | $261 |
| 1 Bedroom | $912 | $589 | $323 |
| 2 Bedrooms | $1,088 | $721 | $367 |
| 3 Bedrooms | $1,418 | $933 | $485 |
| 4 Bedrooms | $1,586 | $1,024 | $562 |
| Median Income | $53,649 | $37,857 | $15,792 |
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
Lynchburg
- Studio
- $494/mo
- 1 BR
- $589/mo
- 2 BR
- $721/mo
- 3 BR
- $933/mo
- 4 BR
- $1,024/mo
- Median Income
- $37,857/yr
Frequently Asked Questions
Is Concord or Lynchburg cheaper to rent in?
Lynchburg is cheaper — a 2-bedroom Fair Market Rent is $721/mo vs $1,088/mo in Concord. That's $367/mo or $4,404/year more expensive in Concord (51% higher).
What is the 2-bedroom rent in Concord vs Lynchburg?
The HUD Fair Market Rent for a 2-bedroom in Concord is $1,088/month. In Lynchburg, a 2-bedroom FMR is $721/month.
How do incomes compare between Concord and Lynchburg?
The median household income in Concord is $53,649/year. In Lynchburg it is $37,857/year. Concord has the higher median income.
What is the studio rent in Concord vs Lynchburg?
A studio apartment Fair Market Rent in Concord is $755/mo. In Lynchburg it is $494/mo.