Concord renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Concord is about $911 per month. This puts it in the 83rd percentile compared to the state average cost of rent, which is $952. Households in Concord have a median income of $6,989 per month so the average renter in Concord is spending roughly 13% of their earnings on housing.
Nationally, and in Concord, home values are the data point most closely correlated with the cost of rent. The median price of a home in Concord is $235,193 right now, which is higher than nearby cities, meaning that rents in Concord also tend to be higher versus these nearby cities.
Higher rent prices are common in the southwestern parts of Concord while lower rent rates are often available in southeastern areas.
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