Anchorage vs Ann Arbor
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Anchorage is 1% cheaper for renters. A 2-bedroom rents for $1,162/mo vs $1,170/mo in Ann Arbor — saving $96/year.
Rent by Unit Size
| Unit Size | Anchorage | Ann Arbor | Difference |
|---|---|---|---|
| Studio | $795 | $781 | $14 |
| 1 Bedroom | $960 | $945 | $15 |
| 2 Bedrooms | $1,162 | $1,170 | $8 |
| 3 Bedrooms | $1,475 | $1,486 | $11 |
| 4 Bedrooms | $1,674 | $1,736 | $62 |
| Median Income | $75,443 | $58,245 | $17,198 |
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
Ann Arbor
- Studio
- $781/mo
- 1 BR
- $945/mo
- 2 BR
- $1,170/mo
- 3 BR
- $1,486/mo
- 4 BR
- $1,736/mo
- Median Income
- $58,245/yr
Frequently Asked Questions
Is Anchorage or Ann Arbor cheaper to rent in?
Anchorage is cheaper — a 2-bedroom Fair Market Rent is $1,162/mo vs $1,170/mo in Ann Arbor. That's $8/mo or $96/year more expensive in Ann Arbor (1% higher).
What is the 2-bedroom rent in Anchorage vs Ann Arbor?
The HUD Fair Market Rent for a 2-bedroom in Anchorage is $1,162/month. In Ann Arbor, a 2-bedroom FMR is $1,170/month.
How do incomes compare between Anchorage and Ann Arbor?
The median household income in Anchorage is $75,443/year. In Ann Arbor it is $58,245/year. Anchorage has the higher median income.
What is the studio rent in Anchorage vs Ann Arbor?
A studio apartment Fair Market Rent in Anchorage is $795/mo. In Ann Arbor it is $781/mo.