Concord vs Reno
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Concord is 11% cheaper for renters. A 2-bedroom rents for $1,088/mo vs $1,208/mo in Reno — saving $1,440/year.
Rent by Unit Size
| Unit Size | Concord | Reno | Difference |
|---|---|---|---|
| Studio | $755 | $773 | $18 |
| 1 Bedroom | $912 | $946 | $34 |
| 2 Bedrooms | $1,088 | $1,208 | $120 |
| 3 Bedrooms | $1,418 | $1,422 | $4 |
| 4 Bedrooms | $1,586 | $1,636 | $50 |
| Median Income | $53,649 | $59,858 | $6,209 |
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
Reno
- Studio
- $773/mo
- 1 BR
- $946/mo
- 2 BR
- $1,208/mo
- 3 BR
- $1,422/mo
- 4 BR
- $1,636/mo
- Median Income
- $59,858/yr
Frequently Asked Questions
Is Concord or Reno cheaper to rent in?
Concord is cheaper — a 2-bedroom Fair Market Rent is $1,088/mo vs $1,208/mo in Reno. That's $120/mo or $1,440/year more expensive in Reno (11% higher).
What is the 2-bedroom rent in Concord vs Reno?
The HUD Fair Market Rent for a 2-bedroom in Concord is $1,088/month. In Reno, a 2-bedroom FMR is $1,208/month.
How do incomes compare between Concord and Reno?
The median household income in Concord is $53,649/year. In Reno it is $59,858/year. Reno has the higher median income.
What is the studio rent in Concord vs Reno?
A studio apartment Fair Market Rent in Concord is $755/mo. In Reno it is $773/mo.