RentData.org

Refinance or buy a home with a low 3.5% down payment! Get Started Now ➔

RentData.org Logo Charlotte-Concord-Gastonia Fair Market Rent FY 2020 Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Charlotte-Concord-Gastonia, NC :
$907 $934 $1,063 $1,423 $1,828
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Charlotte-Concord-Gastonia are very low compared to the national average. This FMR area is less expensive than 100% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Charlotte-Concord-Gastonia is $1,063 per month.

The previous year, rent for a two-bedroom home was $1,028 per month. This is a 3.4% increase year-over-year.

This FMR rate applies to Bowling Green, SC, Newell, NC, Paw Creek, NC, Mineral Springs, NC, High Shoals, NC, Mc Adenville, NC, Hickory Grove, SC, Alexis, NC, Mc Connells, SC, Gold Hill, 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 five counties or cities in which ares listed in the table below. Estimated population of Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area FMR area is 1,918,815 people based on latest Census data.

Rents Map

Click on the map to view more another region.

See Nationwide Map

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 $ 976
1-BR 1-Bedroom $ 1005
2-BR 2-Bedroom $ 1144
3-BR 3-Bedroom $ 1531
4-BR 4-Bedroom $ 1967
Change Year:

The counties, cities, towns, and regions listed below fall into the Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers one metro area: Charlotte.

County / Region Est. Population
Cabarrus County, NC Metro 196,715
Gaston County, NC Metro 214,050
Mecklenburg County, NC Metro 1,034,290
Union County, NC Metro 222,095
York County, SC Metro 251,665
Zip Codes in Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area

There are 118 unique zip codes in this Fair Market Rent (FMR) area:

28006, 28012, 28016, 28025, 28026, 28027, 28031, 28032, 28033, 28034, 28035, 28036, 28052, 28053, 28054, 28055, 28056, 28070, 28071, 28075, 28077, 28078, 28079, 28080, 28081, 28082, 28083, 28097, 28098, 28101, 28104, 28105, 28106, 28107, 28108, 28110, 28111, 28112, 28120, 28124, 28126, 28130, 28134, 28138, 28164, 28173, 28174, 28201, 28202, 28203, 28204, 28205, 28206, 28207, 28208, 28209, 28210, 28211, 28212, 28213, 28214, 28215, 28216, 28217, 28219, 28220, 28221, 28222, 28223, 28224, 28226, 28227, 28228, 28229, 28230, 28231, 28232, 28233, 28234, 28235, 28236, 28237, 28241, 28242, 28244, 28246, 28247, 28256, 28262, 28266, 28269, 28270, 28271, 28273, 28274, 28277, 28278, 28280, 28281, 28282, 28284, 28285, 28287, 28288, 28297, 28299, 29703, 29708, 29710, 29715, 29716, 29717, 29726, 29731, 29732, 29733, 29734 and 29745

Lookup Fair Market Rent by Zip Code
Top
Refinance or buy a home with a low 3.5% down payment! Get Started Now ➔