Concord vs New Orleans-Metairie
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
New Orleans-Metairie is 11% cheaper for renters. A 2-bedroom rents for $980/mo vs $1,088/mo in Concord — saving $1,296/year.
Rent by Unit Size
| Unit Size | Concord | New Orleans-Metairie | Difference |
|---|---|---|---|
| Studio | $755 | $644 | $111 |
| 1 Bedroom | $912 | $781 | $131 |
| 2 Bedrooms | $1,088 | $980 | $108 |
| 3 Bedrooms | $1,418 | $1,243 | $175 |
| 4 Bedrooms | $1,586 | $1,319 | $267 |
| Median Income | $53,649 | $50,082 | $3,567 |
Concord
- Studio
- $755/mo
- 1 BR
- $912/mo
- 2 BR
- $1,088/mo
- 3 BR
- $1,418/mo
- 4 BR
- $1,586/mo
- Median Income
- $53,649/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 Concord or New Orleans-Metairie cheaper to rent in?
New Orleans-Metairie is cheaper — a 2-bedroom Fair Market Rent is $980/mo vs $1,088/mo in Concord. That's $108/mo or $1,296/year more expensive in Concord (11% higher).
What is the 2-bedroom rent in Concord vs New Orleans-Metairie?
The HUD Fair Market Rent for a 2-bedroom in Concord is $1,088/month. In New Orleans-Metairie, a 2-bedroom FMR is $980/month.
How do incomes compare between Concord and New Orleans-Metairie?
The median household income in Concord is $53,649/year. In New Orleans-Metairie it is $50,082/year. Concord has the higher median income.
What is the studio rent in Concord vs New Orleans-Metairie?
A studio apartment Fair Market Rent in Concord is $755/mo. In New Orleans-Metairie it is $644/mo.