Lafayette vs New Orleans-Metairie
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lafayette is 32% cheaper for renters. A 2-bedroom rents for $741/mo vs $980/mo in New Orleans-Metairie — saving $2,868/year.
Rent by Unit Size
| Unit Size | Lafayette | New Orleans-Metairie | Difference |
|---|---|---|---|
| Studio | $502 | $644 | $142 |
| 1 Bedroom | $626 | $781 | $155 |
| 2 Bedrooms | $741 | $980 | $239 |
| 3 Bedrooms | $958 | $1,243 | $285 |
| 4 Bedrooms | $1,134 | $1,319 | $185 |
| Median Income | $38,989 | $50,082 | $11,093 |
Lafayette
- Studio
- $502/mo
- 1 BR
- $626/mo
- 2 BR
- $741/mo
- 3 BR
- $958/mo
- 4 BR
- $1,134/mo
- Median Income
- $38,989/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 Lafayette or New Orleans-Metairie cheaper to rent in?
Lafayette is cheaper — a 2-bedroom Fair Market Rent is $741/mo vs $980/mo in New Orleans-Metairie. That's $239/mo or $2,868/year more expensive in New Orleans-Metairie (32% higher).
What is the 2-bedroom rent in Lafayette vs New Orleans-Metairie?
The HUD Fair Market Rent for a 2-bedroom in Lafayette is $741/month. In New Orleans-Metairie, a 2-bedroom FMR is $980/month.
How do incomes compare between Lafayette and New Orleans-Metairie?
The median household income in Lafayette is $38,989/year. In New Orleans-Metairie it is $50,082/year. New Orleans-Metairie has the higher median income.
What is the studio rent in Lafayette vs New Orleans-Metairie?
A studio apartment Fair Market Rent in Lafayette is $502/mo. In New Orleans-Metairie it is $644/mo.