Madison vs New Orleans-Metairie
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
New Orleans-Metairie is 6% cheaper for renters. A 2-bedroom rents for $980/mo vs $1,038/mo in Madison — saving $696/year.
Rent by Unit Size
| Unit Size | Madison | New Orleans-Metairie | Difference |
|---|---|---|---|
| Studio | $676 | $644 | $32 |
| 1 Bedroom | $827 | $781 | $46 |
| 2 Bedrooms | $1,038 | $980 | $58 |
| 3 Bedrooms | $1,222 | $1,243 | $21 |
| 4 Bedrooms | $1,400 | $1,319 | $81 |
| Median Income | $64,691 | $50,082 | $14,609 |
Madison
- Studio
- $676/mo
- 1 BR
- $827/mo
- 2 BR
- $1,038/mo
- 3 BR
- $1,222/mo
- 4 BR
- $1,400/mo
- Median Income
- $64,691/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 Madison or New Orleans-Metairie cheaper to rent in?
New Orleans-Metairie is cheaper — a 2-bedroom Fair Market Rent is $980/mo vs $1,038/mo in Madison. That's $58/mo or $696/year more expensive in Madison (6% higher).
What is the 2-bedroom rent in Madison vs New Orleans-Metairie?
The HUD Fair Market Rent for a 2-bedroom in Madison is $1,038/month. In New Orleans-Metairie, a 2-bedroom FMR is $980/month.
How do incomes compare between Madison and New Orleans-Metairie?
The median household income in Madison is $64,691/year. In New Orleans-Metairie it is $50,082/year. Madison has the higher median income.
What is the studio rent in Madison vs New Orleans-Metairie?
A studio apartment Fair Market Rent in Madison is $676/mo. In New Orleans-Metairie it is $644/mo.