Concord vs Salem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Concord is 5% cheaper for renters. A 2-bedroom rents for $1,088/mo vs $1,137/mo in Salem — saving $588/year.
Rent by Unit Size
| Unit Size | Concord | Salem | Difference |
|---|---|---|---|
| Studio | $755 | $741 | $14 |
| 1 Bedroom | $912 | $913 | $1 |
| 2 Bedrooms | $1,088 | $1,137 | $49 |
| 3 Bedrooms | $1,418 | $1,411 | $7 |
| 4 Bedrooms | $1,586 | $1,615 | $29 |
| Median Income | $53,649 | $53,953 | $304 |
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
Salem
- Studio
- $741/mo
- 1 BR
- $913/mo
- 2 BR
- $1,137/mo
- 3 BR
- $1,411/mo
- 4 BR
- $1,615/mo
- Median Income
- $53,953/yr
Frequently Asked Questions
Is Concord or Salem cheaper to rent in?
Concord is cheaper — a 2-bedroom Fair Market Rent is $1,088/mo vs $1,137/mo in Salem. That's $49/mo or $588/year more expensive in Salem (5% higher).
What is the 2-bedroom rent in Concord vs Salem?
The HUD Fair Market Rent for a 2-bedroom in Concord is $1,088/month. In Salem, a 2-bedroom FMR is $1,137/month.
How do incomes compare between Concord and Salem?
The median household income in Concord is $53,649/year. In Salem it is $53,953/year. Salem has the higher median income.
What is the studio rent in Concord vs Salem?
A studio apartment Fair Market Rent in Concord is $755/mo. In Salem it is $741/mo.