Cape Coral-Fort Myers vs New Orleans-Metairie
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
New Orleans-Metairie is 19% cheaper for renters. A 2-bedroom rents for $980/mo vs $1,171/mo in Cape Coral-Fort Myers — saving $2,292/year.
Rent by Unit Size
| Unit Size | Cape Coral-Fort Myers | New Orleans-Metairie | Difference |
|---|---|---|---|
| Studio | $802 | $644 | $158 |
| 1 Bedroom | $985 | $781 | $204 |
| 2 Bedrooms | $1,171 | $980 | $191 |
| 3 Bedrooms | $1,479 | $1,243 | $236 |
| 4 Bedrooms | $1,690 | $1,319 | $371 |
| Median Income | $72,521 | $50,082 | $22,439 |
Cape Coral-Fort Myers
- Studio
- $802/mo
- 1 BR
- $985/mo
- 2 BR
- $1,171/mo
- 3 BR
- $1,479/mo
- 4 BR
- $1,690/mo
- Median Income
- $72,521/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 Cape Coral-Fort Myers or New Orleans-Metairie cheaper to rent in?
New Orleans-Metairie is cheaper — a 2-bedroom Fair Market Rent is $980/mo vs $1,171/mo in Cape Coral-Fort Myers. That's $191/mo or $2,292/year more expensive in Cape Coral-Fort Myers (19% higher).
What is the 2-bedroom rent in Cape Coral-Fort Myers vs New Orleans-Metairie?
The HUD Fair Market Rent for a 2-bedroom in Cape Coral-Fort Myers is $1,171/month. In New Orleans-Metairie, a 2-bedroom FMR is $980/month.
How do incomes compare between Cape Coral-Fort Myers and New Orleans-Metairie?
The median household income in Cape Coral-Fort Myers is $72,521/year. In New Orleans-Metairie it is $50,082/year. Cape Coral-Fort Myers has the higher median income.
What is the studio rent in Cape Coral-Fort Myers vs New Orleans-Metairie?
A studio apartment Fair Market Rent in Cape Coral-Fort Myers is $802/mo. In New Orleans-Metairie it is $644/mo.