FairRentWize

New Orleans-Metairie vs San Luis Obispo

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

New Orleans-Metairie is 66% cheaper for renters. A 2-bedroom rents for $980/mo vs $1,623/mo in San Luis Obispo — saving $7,716/year.

Rent by Unit Size

Unit SizeNew Orleans-MetairieSan Luis ObispoDifference
Studio$644$1,065$421
1 Bedroom$781$1,360$579
2 Bedrooms$980$1,623$643
3 Bedrooms$1,243$2,039$796
4 Bedrooms$1,319$2,372$1,053
Median Income$50,082$94,761$44,679

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 →

San Luis Obispo

Studio
$1,065/mo
1 BR
$1,360/mo
2 BR
$1,623/mo
3 BR
$2,039/mo
4 BR
$2,372/mo
Median Income
$94,761/yr
Full San Luis Obispo profile →

Frequently Asked Questions

Is New Orleans-Metairie or San Luis Obispo cheaper to rent in?
New Orleans-Metairie is cheaper — a 2-bedroom Fair Market Rent is $980/mo vs $1,623/mo in San Luis Obispo. That's $643/mo or $7,716/year more expensive in San Luis Obispo (66% higher).
What is the 2-bedroom rent in New Orleans-Metairie vs San Luis Obispo?
The HUD Fair Market Rent for a 2-bedroom in New Orleans-Metairie is $980/month. In San Luis Obispo, a 2-bedroom FMR is $1,623/month.
How do incomes compare between New Orleans-Metairie and San Luis Obispo?
The median household income in New Orleans-Metairie is $50,082/year. In San Luis Obispo it is $94,761/year. San Luis Obispo has the higher median income.
What is the studio rent in New Orleans-Metairie vs San Luis Obispo?
A studio apartment Fair Market Rent in New Orleans-Metairie is $644/mo. In San Luis Obispo it is $1,065/mo.