Lexington-Fayette vs New Orleans-Metairie
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lexington-Fayette 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 | Lexington-Fayette | New Orleans-Metairie | Difference |
|---|---|---|---|
| Studio | $595 | $644 | $49 |
| 1 Bedroom | $719 | $781 | $62 |
| 2 Bedrooms | $913 | $980 | $67 |
| 3 Bedrooms | $1,047 | $1,243 | $196 |
| 4 Bedrooms | $1,300 | $1,319 | $19 |
| Median Income | $47,838 | $50,082 | $2,244 |
Lexington-Fayette
- Studio
- $595/mo
- 1 BR
- $719/mo
- 2 BR
- $913/mo
- 3 BR
- $1,047/mo
- 4 BR
- $1,300/mo
- Median Income
- $47,838/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 Lexington-Fayette or New Orleans-Metairie cheaper to rent in?
Lexington-Fayette 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 Lexington-Fayette vs New Orleans-Metairie?
The HUD Fair Market Rent for a 2-bedroom in Lexington-Fayette is $913/month. In New Orleans-Metairie, a 2-bedroom FMR is $980/month.
How do incomes compare between Lexington-Fayette and New Orleans-Metairie?
The median household income in Lexington-Fayette is $47,838/year. In New Orleans-Metairie it is $50,082/year. New Orleans-Metairie has the higher median income.
What is the studio rent in Lexington-Fayette vs New Orleans-Metairie?
A studio apartment Fair Market Rent in Lexington-Fayette is $595/mo. In New Orleans-Metairie it is $644/mo.