Concord vs Winston-Salem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Winston-Salem is 35% cheaper for renters. A 2-bedroom rents for $807/mo vs $1,088/mo in Concord — saving $3,372/year.
Rent by Unit Size
| Unit Size | Concord | Winston-Salem | Difference |
|---|---|---|---|
| Studio | $755 | $531 | $224 |
| 1 Bedroom | $912 | $652 | $260 |
| 2 Bedrooms | $1,088 | $807 | $281 |
| 3 Bedrooms | $1,418 | $1,030 | $388 |
| 4 Bedrooms | $1,586 | $1,189 | $397 |
| Median Income | $53,649 | $47,140 | $6,509 |
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
Winston-Salem
- Studio
- $531/mo
- 1 BR
- $652/mo
- 2 BR
- $807/mo
- 3 BR
- $1,030/mo
- 4 BR
- $1,189/mo
- Median Income
- $47,140/yr
Frequently Asked Questions
Is Concord or Winston-Salem cheaper to rent in?
Winston-Salem is cheaper — a 2-bedroom Fair Market Rent is $807/mo vs $1,088/mo in Concord. That's $281/mo or $3,372/year more expensive in Concord (35% higher).
What is the 2-bedroom rent in Concord vs Winston-Salem?
The HUD Fair Market Rent for a 2-bedroom in Concord is $1,088/month. In Winston-Salem, a 2-bedroom FMR is $807/month.
How do incomes compare between Concord and Winston-Salem?
The median household income in Concord is $53,649/year. In Winston-Salem it is $47,140/year. Concord has the higher median income.
What is the studio rent in Concord vs Winston-Salem?
A studio apartment Fair Market Rent in Concord is $755/mo. In Winston-Salem it is $531/mo.