New Orleans-Metairie vs Peoria
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Peoria is 33% cheaper for renters. A 2-bedroom rents for $736/mo vs $980/mo in New Orleans-Metairie — saving $2,928/year.
Rent by Unit Size
| Unit Size | New Orleans-Metairie | Peoria | Difference |
|---|---|---|---|
| Studio | $644 | $470 | $174 |
| 1 Bedroom | $781 | $596 | $185 |
| 2 Bedrooms | $980 | $736 | $244 |
| 3 Bedrooms | $1,243 | $870 | $373 |
| 4 Bedrooms | $1,319 | $1,074 | $245 |
| Median Income | $50,082 | $39,404 | $10,678 |
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
Peoria
- Studio
- $470/mo
- 1 BR
- $596/mo
- 2 BR
- $736/mo
- 3 BR
- $870/mo
- 4 BR
- $1,074/mo
- Median Income
- $39,404/yr
Frequently Asked Questions
Is New Orleans-Metairie or Peoria cheaper to rent in?
Peoria is cheaper — a 2-bedroom Fair Market Rent is $736/mo vs $980/mo in New Orleans-Metairie. That's $244/mo or $2,928/year more expensive in New Orleans-Metairie (33% higher).
What is the 2-bedroom rent in New Orleans-Metairie vs Peoria?
The HUD Fair Market Rent for a 2-bedroom in New Orleans-Metairie is $980/month. In Peoria, a 2-bedroom FMR is $736/month.
How do incomes compare between New Orleans-Metairie and Peoria?
The median household income in New Orleans-Metairie is $50,082/year. In Peoria it is $39,404/year. New Orleans-Metairie has the higher median income.
What is the studio rent in New Orleans-Metairie vs Peoria?
A studio apartment Fair Market Rent in New Orleans-Metairie is $644/mo. In Peoria it is $470/mo.