Fargo vs New Orleans-Metairie
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Fargo is 7% cheaper for renters. A 2-bedroom rents for $913/mo vs $980/mo in New Orleans-Metairie — saving $804/year.
Rent by Unit Size
| Unit Size | Fargo | New Orleans-Metairie | Difference |
|---|---|---|---|
| Studio | $577 | $644 | $67 |
| 1 Bedroom | $717 | $781 | $64 |
| 2 Bedrooms | $913 | $980 | $67 |
| 3 Bedrooms | $1,145 | $1,243 | $98 |
| 4 Bedrooms | $1,249 | $1,319 | $70 |
| Median Income | $45,978 | $50,082 | $4,104 |
Fargo
- Studio
- $577/mo
- 1 BR
- $717/mo
- 2 BR
- $913/mo
- 3 BR
- $1,145/mo
- 4 BR
- $1,249/mo
- Median Income
- $45,978/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 Fargo or New Orleans-Metairie cheaper to rent in?
Fargo is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $980/mo in New Orleans-Metairie. That's $67/mo or $804/year more expensive in New Orleans-Metairie (7% higher).
What is the 2-bedroom rent in Fargo vs New Orleans-Metairie?
The HUD Fair Market Rent for a 2-bedroom in Fargo is $913/month. In New Orleans-Metairie, a 2-bedroom FMR is $980/month.
How do incomes compare between Fargo and New Orleans-Metairie?
The median household income in Fargo is $45,978/year. In New Orleans-Metairie it is $50,082/year. New Orleans-Metairie has the higher median income.
What is the studio rent in Fargo vs New Orleans-Metairie?
A studio apartment Fair Market Rent in Fargo is $577/mo. In New Orleans-Metairie it is $644/mo.