Average Rent in Charlotte-Concord-Gastonia, SC
The Fair Market Rent for a 2-bedroom in Charlotte-Concord-Gastonia, SC is $1,686 per month, based on HUD data. With a median household income of $80,201, a household would spend 25.2% of income on housing at Fair Market Rent. Rent has increased 8.5% year over year. The national median 2BR FMR is $1,250/mo for comparison.
Fair Market Rent by Bedroom
| Size | Monthly FMR |
|---|---|
| Studio | $1,469 |
| 1 Bedroom | $1,538 |
| 2 Bedroom | $1,686 |
| 3 Bedroom | $2,076 |
| 4 Bedroom | $2,637 |
Affordability
| Metric | Value |
|---|---|
| Median Household Income | $80,201 |
| Rent Burden (2BR FMR / Income) | 25.2% |
| Income Needed for 2BR (30% rule) | $67,440/yr |