FairRentWize

Missoula vs New Orleans-Metairie

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

New Orleans-Metairie is 10% cheaper for renters. A 2-bedroom rents for $980/mo vs $1,081/mo in Missoula — saving $1,212/year.

Rent by Unit Size

Unit SizeMissoulaNew Orleans-MetairieDifference
Studio$762$644$118
1 Bedroom$909$781$128
2 Bedrooms$1,081$980$101
3 Bedrooms$1,423$1,243$180
4 Bedrooms$1,651$1,319$332
Median Income$73,596$50,082$23,514

Missoula

Studio
$762/mo
1 BR
$909/mo
2 BR
$1,081/mo
3 BR
$1,423/mo
4 BR
$1,651/mo
Median Income
$73,596/yr
Full Missoula profile →

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
Full New Orleans-Metairie profile →

Frequently Asked Questions

Is Missoula or New Orleans-Metairie cheaper to rent in?
New Orleans-Metairie is cheaper — a 2-bedroom Fair Market Rent is $980/mo vs $1,081/mo in Missoula. That's $101/mo or $1,212/year more expensive in Missoula (10% higher).
What is the 2-bedroom rent in Missoula vs New Orleans-Metairie?
The HUD Fair Market Rent for a 2-bedroom in Missoula is $1,081/month. In New Orleans-Metairie, a 2-bedroom FMR is $980/month.
How do incomes compare between Missoula and New Orleans-Metairie?
The median household income in Missoula is $73,596/year. In New Orleans-Metairie it is $50,082/year. Missoula has the higher median income.
What is the studio rent in Missoula vs New Orleans-Metairie?
A studio apartment Fair Market Rent in Missoula is $762/mo. In New Orleans-Metairie it is $644/mo.