Laredo vs New Orleans-Metairie
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Laredo is 40% cheaper for renters. A 2-bedroom rents for $698/mo vs $980/mo in New Orleans-Metairie — saving $3,384/year.
Rent by Unit Size
| Unit Size | Laredo | New Orleans-Metairie | Difference |
|---|---|---|---|
| Studio | $463 | $644 | $181 |
| 1 Bedroom | $552 | $781 | $229 |
| 2 Bedrooms | $698 | $980 | $282 |
| 3 Bedrooms | $851 | $1,243 | $392 |
| 4 Bedrooms | $966 | $1,319 | $353 |
| Median Income | $40,343 | $50,082 | $9,739 |
Laredo
- Studio
- $463/mo
- 1 BR
- $552/mo
- 2 BR
- $698/mo
- 3 BR
- $851/mo
- 4 BR
- $966/mo
- Median Income
- $40,343/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 Laredo or New Orleans-Metairie cheaper to rent in?
Laredo is cheaper — a 2-bedroom Fair Market Rent is $698/mo vs $980/mo in New Orleans-Metairie. That's $282/mo or $3,384/year more expensive in New Orleans-Metairie (40% higher).
What is the 2-bedroom rent in Laredo vs New Orleans-Metairie?
The HUD Fair Market Rent for a 2-bedroom in Laredo is $698/month. In New Orleans-Metairie, a 2-bedroom FMR is $980/month.
How do incomes compare between Laredo and New Orleans-Metairie?
The median household income in Laredo is $40,343/year. In New Orleans-Metairie it is $50,082/year. New Orleans-Metairie has the higher median income.
What is the studio rent in Laredo vs New Orleans-Metairie?
A studio apartment Fair Market Rent in Laredo is $463/mo. In New Orleans-Metairie it is $644/mo.