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RentData.org Logo Charlotte-Concord-Gastonia Fair Market Rent FY 2016 Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Charlotte-Concord-Gastonia, NC :
$653 $745 $864 $1,173 $1,469
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in Charlotte-Concord-Gastonia are very high compared to the national average. This FMR area is more expensive than 90% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Charlotte-Concord-Gastonia is $864 per month.

This FMR rate applies to Gold Hill, NC, Locust, NC, Midland, NC, Mount Pleasant, NC, Rockwell, NC, Davidson, NC, Harrisburg, NC, Kannapolis, NC, Huntersville, NC, Concord, NC and other cities within the region. The Metro Code or CBSA code for this region is METRO16740M16740.

Additionally, This Fair Market Rent (FMR) area Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area spans one county or city in North Carolina which is listed in the table below. Estimated population of Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area FMR area is 178,011 people based on latest Census data.

Compared to the rest of North Carolina, the Charlotte-Concord-Gastonia FMR area is more expensive than 92% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Charlotte-Concord-Gastonia. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Charlotte-Concord-Gastonia

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 698
1-BR 1-Bedroom $ 797
2-BR 2-Bedroom $ 924
3-BR 3-Bedroom $ 1254
4-BR 4-Bedroom $ 1571
Change Year:
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Charlotte.

County / Region Est. Population
Charlotte-Concord-Gastonia, NC Metro 178,011
Zip Codes in Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area

There are 18 unique zip codes in this Fair Market Rent (FMR) area:

28025, 28026, 28027, 28036, 28071, 28075, 28078, 28081, 28082, 28083, 28097, 28107, 28124, 28138, 28213, 28215, 28262 and 28269

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