Concord vs Springfield
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Springfield is 51% cheaper for renters. A 2-bedroom rents for $720/mo vs $1,088/mo in Concord — saving $4,416/year.
Rent by Unit Size
| Unit Size | Concord | Springfield | Difference |
|---|---|---|---|
| Studio | $755 | $490 | $265 |
| 1 Bedroom | $912 | $583 | $329 |
| 2 Bedrooms | $1,088 | $720 | $368 |
| 3 Bedrooms | $1,418 | $925 | $493 |
| 4 Bedrooms | $1,586 | $987 | $599 |
| Median Income | $53,649 | $37,539 | $16,110 |
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
Springfield
- Studio
- $490/mo
- 1 BR
- $583/mo
- 2 BR
- $720/mo
- 3 BR
- $925/mo
- 4 BR
- $987/mo
- Median Income
- $37,539/yr
Frequently Asked Questions
Is Concord or Springfield cheaper to rent in?
Springfield is cheaper — a 2-bedroom Fair Market Rent is $720/mo vs $1,088/mo in Concord. That's $368/mo or $4,416/year more expensive in Concord (51% higher).
What is the 2-bedroom rent in Concord vs Springfield?
The HUD Fair Market Rent for a 2-bedroom in Concord is $1,088/month. In Springfield, a 2-bedroom FMR is $720/month.
How do incomes compare between Concord and Springfield?
The median household income in Concord is $53,649/year. In Springfield it is $37,539/year. Concord has the higher median income.
What is the studio rent in Concord vs Springfield?
A studio apartment Fair Market Rent in Concord is $755/mo. In Springfield it is $490/mo.