Chico vs New Orleans-Metairie
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
New Orleans-Metairie is 8% cheaper for renters. A 2-bedroom rents for $980/mo vs $1,059/mo in Chico — saving $948/year.
Rent by Unit Size
| Unit Size | Chico | New Orleans-Metairie | Difference |
|---|---|---|---|
| Studio | $698 | $644 | $54 |
| 1 Bedroom | $859 | $781 | $78 |
| 2 Bedrooms | $1,059 | $980 | $79 |
| 3 Bedrooms | $1,354 | $1,243 | $111 |
| 4 Bedrooms | $1,491 | $1,319 | $172 |
| Median Income | $66,884 | $50,082 | $16,802 |
Chico
- Studio
- $698/mo
- 1 BR
- $859/mo
- 2 BR
- $1,059/mo
- 3 BR
- $1,354/mo
- 4 BR
- $1,491/mo
- Median Income
- $66,884/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 Chico or New Orleans-Metairie cheaper to rent in?
New Orleans-Metairie is cheaper — a 2-bedroom Fair Market Rent is $980/mo vs $1,059/mo in Chico. That's $79/mo or $948/year more expensive in Chico (8% higher).
What is the 2-bedroom rent in Chico vs New Orleans-Metairie?
The HUD Fair Market Rent for a 2-bedroom in Chico is $1,059/month. In New Orleans-Metairie, a 2-bedroom FMR is $980/month.
How do incomes compare between Chico and New Orleans-Metairie?
The median household income in Chico is $66,884/year. In New Orleans-Metairie it is $50,082/year. Chico has the higher median income.
What is the studio rent in Chico vs New Orleans-Metairie?
A studio apartment Fair Market Rent in Chico is $698/mo. In New Orleans-Metairie it is $644/mo.