Anchorage vs Bangor
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Bangor is 50% cheaper for renters. A 2-bedroom rents for $774/mo vs $1,162/mo in Anchorage — saving $4,656/year.
Rent by Unit Size
| Unit Size | Anchorage | Bangor | Difference |
|---|---|---|---|
| Studio | $795 | $510 | $285 |
| 1 Bedroom | $960 | $653 | $307 |
| 2 Bedrooms | $1,162 | $774 | $388 |
| 3 Bedrooms | $1,475 | $996 | $479 |
| 4 Bedrooms | $1,674 | $1,108 | $566 |
| Median Income | $75,443 | $53,743 | $21,700 |
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
Bangor
- Studio
- $510/mo
- 1 BR
- $653/mo
- 2 BR
- $774/mo
- 3 BR
- $996/mo
- 4 BR
- $1,108/mo
- Median Income
- $53,743/yr
Frequently Asked Questions
Is Anchorage or Bangor cheaper to rent in?
Bangor is cheaper — a 2-bedroom Fair Market Rent is $774/mo vs $1,162/mo in Anchorage. That's $388/mo or $4,656/year more expensive in Anchorage (50% higher).
What is the 2-bedroom rent in Anchorage vs Bangor?
The HUD Fair Market Rent for a 2-bedroom in Anchorage is $1,162/month. In Bangor, a 2-bedroom FMR is $774/month.
How do incomes compare between Anchorage and Bangor?
The median household income in Anchorage is $75,443/year. In Bangor it is $53,743/year. Anchorage has the higher median income.
What is the studio rent in Anchorage vs Bangor?
A studio apartment Fair Market Rent in Anchorage is $795/mo. In Bangor it is $510/mo.