Albuquerque vs Anchorage
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albuquerque is 21% cheaper for renters. A 2-bedroom rents for $958/mo vs $1,162/mo in Anchorage — saving $2,448/year.
Rent by Unit Size
| Unit Size | Albuquerque | Anchorage | Difference |
|---|---|---|---|
| Studio | $647 | $795 | $148 |
| 1 Bedroom | $793 | $960 | $167 |
| 2 Bedrooms | $958 | $1,162 | $204 |
| 3 Bedrooms | $1,161 | $1,475 | $314 |
| 4 Bedrooms | $1,339 | $1,674 | $335 |
| Median Income | $49,585 | $75,443 | $25,858 |
Albuquerque
- Studio
- $647/mo
- 1 BR
- $793/mo
- 2 BR
- $958/mo
- 3 BR
- $1,161/mo
- 4 BR
- $1,339/mo
- Median Income
- $49,585/yr
Anchorage
- Studio
- $795/mo
- 1 BR
- $960/mo
- 2 BR
- $1,162/mo
- 3 BR
- $1,475/mo
- 4 BR
- $1,674/mo
- Median Income
- $75,443/yr
Frequently Asked Questions
Is Albuquerque or Anchorage cheaper to rent in?
Albuquerque is cheaper — a 2-bedroom Fair Market Rent is $958/mo vs $1,162/mo in Anchorage. That's $204/mo or $2,448/year more expensive in Anchorage (21% higher).
What is the 2-bedroom rent in Albuquerque vs Anchorage?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In Anchorage, a 2-bedroom FMR is $1,162/month.
How do incomes compare between Albuquerque and Anchorage?
The median household income in Albuquerque is $49,585/year. In Anchorage it is $75,443/year. Anchorage has the higher median income.
What is the studio rent in Albuquerque vs Anchorage?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In Anchorage it is $795/mo.