New Orleans-Metairie vs Sioux Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Sioux Falls is 17% cheaper for renters. A 2-bedroom rents for $837/mo vs $980/mo in New Orleans-Metairie — saving $1,716/year.
Rent by Unit Size
| Unit Size | New Orleans-Metairie | Sioux Falls | Difference |
|---|---|---|---|
| Studio | $644 | $544 | $100 |
| 1 Bedroom | $781 | $672 | $109 |
| 2 Bedrooms | $980 | $837 | $143 |
| 3 Bedrooms | $1,243 | $1,012 | $231 |
| 4 Bedrooms | $1,319 | $1,129 | $190 |
| Median Income | $50,082 | $55,443 | $5,361 |
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
Sioux Falls
- Studio
- $544/mo
- 1 BR
- $672/mo
- 2 BR
- $837/mo
- 3 BR
- $1,012/mo
- 4 BR
- $1,129/mo
- Median Income
- $55,443/yr
Frequently Asked Questions
Is New Orleans-Metairie or Sioux Falls cheaper to rent in?
Sioux Falls is cheaper — a 2-bedroom Fair Market Rent is $837/mo vs $980/mo in New Orleans-Metairie. That's $143/mo or $1,716/year more expensive in New Orleans-Metairie (17% higher).
What is the 2-bedroom rent in New Orleans-Metairie vs Sioux Falls?
The HUD Fair Market Rent for a 2-bedroom in New Orleans-Metairie is $980/month. In Sioux Falls, a 2-bedroom FMR is $837/month.
How do incomes compare between New Orleans-Metairie and Sioux Falls?
The median household income in New Orleans-Metairie is $50,082/year. In Sioux Falls it is $55,443/year. Sioux Falls has the higher median income.
What is the studio rent in New Orleans-Metairie vs Sioux Falls?
A studio apartment Fair Market Rent in New Orleans-Metairie is $644/mo. In Sioux Falls it is $544/mo.