FairRentWize

Concord vs Medford

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Medford is 2% cheaper for renters. A 2-bedroom rents for $1,065/mo vs $1,088/mo in Concord — saving $276/year.

Rent by Unit Size

Unit SizeConcordMedfordDifference
Studio$755$704$51
1 Bedroom$912$865$47
2 Bedrooms$1,088$1,065$23
3 Bedrooms$1,418$1,318$100
4 Bedrooms$1,586$1,480$106
Median Income$53,649$51,417$2,232

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 →

Medford

Studio
$704/mo
1 BR
$865/mo
2 BR
$1,065/mo
3 BR
$1,318/mo
4 BR
$1,480/mo
Median Income
$51,417/yr
Full Medford profile →

Frequently Asked Questions

Is Concord or Medford cheaper to rent in?
Medford is cheaper — a 2-bedroom Fair Market Rent is $1,065/mo vs $1,088/mo in Concord. That's $23/mo or $276/year more expensive in Concord (2% higher).
What is the 2-bedroom rent in Concord vs Medford?
The HUD Fair Market Rent for a 2-bedroom in Concord is $1,088/month. In Medford, a 2-bedroom FMR is $1,065/month.
How do incomes compare between Concord and Medford?
The median household income in Concord is $53,649/year. In Medford it is $51,417/year. Concord has the higher median income.
What is the studio rent in Concord vs Medford?
A studio apartment Fair Market Rent in Concord is $755/mo. In Medford it is $704/mo.