Concord vs Panama City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Panama City is 24% cheaper for renters. A 2-bedroom rents for $879/mo vs $1,088/mo in Concord — saving $2,508/year.
Rent by Unit Size
| Unit Size | Concord | Panama City | Difference |
|---|---|---|---|
| Studio | $755 | $571 | $184 |
| 1 Bedroom | $912 | $706 | $206 |
| 2 Bedrooms | $1,088 | $879 | $209 |
| 3 Bedrooms | $1,418 | $1,032 | $386 |
| 4 Bedrooms | $1,586 | $1,302 | $284 |
| Median Income | $53,649 | $44,385 | $9,264 |
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
Panama City
- Studio
- $571/mo
- 1 BR
- $706/mo
- 2 BR
- $879/mo
- 3 BR
- $1,032/mo
- 4 BR
- $1,302/mo
- Median Income
- $44,385/yr
Frequently Asked Questions
Is Concord or Panama City cheaper to rent in?
Panama City is cheaper — a 2-bedroom Fair Market Rent is $879/mo vs $1,088/mo in Concord. That's $209/mo or $2,508/year more expensive in Concord (24% higher).
What is the 2-bedroom rent in Concord vs Panama City?
The HUD Fair Market Rent for a 2-bedroom in Concord is $1,088/month. In Panama City, a 2-bedroom FMR is $879/month.
How do incomes compare between Concord and Panama City?
The median household income in Concord is $53,649/year. In Panama City it is $44,385/year. Concord has the higher median income.
What is the studio rent in Concord vs Panama City?
A studio apartment Fair Market Rent in Concord is $755/mo. In Panama City it is $571/mo.