Albany vs New Orleans-Metairie
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albany is 70% cheaper for renters. A 2-bedroom rents for $577/mo vs $980/mo in New Orleans-Metairie — saving $4,836/year.
Rent by Unit Size
| Unit Size | Albany | New Orleans-Metairie | Difference |
|---|---|---|---|
| Studio | $407 | $644 | $237 |
| 1 Bedroom | $488 | $781 | $293 |
| 2 Bedrooms | $577 | $980 | $403 |
| 3 Bedrooms | $748 | $1,243 | $495 |
| 4 Bedrooms | $841 | $1,319 | $478 |
| Median Income | $39,279 | $50,082 | $10,803 |
Albany
- Studio
- $407/mo
- 1 BR
- $488/mo
- 2 BR
- $577/mo
- 3 BR
- $748/mo
- 4 BR
- $841/mo
- Median Income
- $39,279/yr
New Orleans-Metairie
- Studio
- $644/mo
- 1 BR
- $781/mo
- 2 BR
- $980/mo
- 3 BR
- $1,243/mo
- 4 BR
- $1,319/mo
- Median Income
- $50,082/yr
Frequently Asked Questions
Is Albany or New Orleans-Metairie cheaper to rent in?
Albany is cheaper — a 2-bedroom Fair Market Rent is $577/mo vs $980/mo in New Orleans-Metairie. That's $403/mo or $4,836/year more expensive in New Orleans-Metairie (70% higher).
What is the 2-bedroom rent in Albany vs New Orleans-Metairie?
The HUD Fair Market Rent for a 2-bedroom in Albany is $577/month. In New Orleans-Metairie, a 2-bedroom FMR is $980/month.
How do incomes compare between Albany and New Orleans-Metairie?
The median household income in Albany is $39,279/year. In New Orleans-Metairie it is $50,082/year. New Orleans-Metairie has the higher median income.
What is the studio rent in Albany vs New Orleans-Metairie?
A studio apartment Fair Market Rent in Albany is $407/mo. In New Orleans-Metairie it is $644/mo.