Concord vs Roanoke
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Roanoke is 35% cheaper for renters. A 2-bedroom rents for $803/mo vs $1,088/mo in Concord — saving $3,420/year.
Rent by Unit Size
| Unit Size | Concord | Roanoke | Difference |
|---|---|---|---|
| Studio | $755 | $518 | $237 |
| 1 Bedroom | $912 | $643 | $269 |
| 2 Bedrooms | $1,088 | $803 | $285 |
| 3 Bedrooms | $1,418 | $980 | $438 |
| 4 Bedrooms | $1,586 | $1,168 | $418 |
| Median Income | $53,649 | $51,099 | $2,550 |
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
Roanoke
- Studio
- $518/mo
- 1 BR
- $643/mo
- 2 BR
- $803/mo
- 3 BR
- $980/mo
- 4 BR
- $1,168/mo
- Median Income
- $51,099/yr
Frequently Asked Questions
Is Concord or Roanoke cheaper to rent in?
Roanoke is cheaper — a 2-bedroom Fair Market Rent is $803/mo vs $1,088/mo in Concord. That's $285/mo or $3,420/year more expensive in Concord (35% higher).
What is the 2-bedroom rent in Concord vs Roanoke?
The HUD Fair Market Rent for a 2-bedroom in Concord is $1,088/month. In Roanoke, a 2-bedroom FMR is $803/month.
How do incomes compare between Concord and Roanoke?
The median household income in Concord is $53,649/year. In Roanoke it is $51,099/year. Concord has the higher median income.
What is the studio rent in Concord vs Roanoke?
A studio apartment Fair Market Rent in Concord is $755/mo. In Roanoke it is $518/mo.