Albuquerque vs New Orleans-Metairie
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albuquerque is 2% cheaper for renters. A 2-bedroom rents for $958/mo vs $980/mo in New Orleans-Metairie — saving $264/year.
Rent by Unit Size
| Unit Size | Albuquerque | New Orleans-Metairie | Difference |
|---|---|---|---|
| Studio | $647 | $644 | $3 |
| 1 Bedroom | $793 | $781 | $12 |
| 2 Bedrooms | $958 | $980 | $22 |
| 3 Bedrooms | $1,161 | $1,243 | $82 |
| 4 Bedrooms | $1,339 | $1,319 | $20 |
| Median Income | $49,585 | $50,082 | $497 |
Albuquerque
- Studio
- $647/mo
- 1 BR
- $793/mo
- 2 BR
- $958/mo
- 3 BR
- $1,161/mo
- 4 BR
- $1,339/mo
- Median Income
- $49,585/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 Albuquerque or New Orleans-Metairie cheaper to rent in?
Albuquerque is cheaper — a 2-bedroom Fair Market Rent is $958/mo vs $980/mo in New Orleans-Metairie. That's $22/mo or $264/year more expensive in New Orleans-Metairie (2% higher).
What is the 2-bedroom rent in Albuquerque vs New Orleans-Metairie?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In New Orleans-Metairie, a 2-bedroom FMR is $980/month.
How do incomes compare between Albuquerque and New Orleans-Metairie?
The median household income in Albuquerque is $49,585/year. In New Orleans-Metairie it is $50,082/year. New Orleans-Metairie has the higher median income.
What is the studio rent in Albuquerque vs New Orleans-Metairie?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In New Orleans-Metairie it is $644/mo.