FairRentWize

Anchorage vs Buffalo-Cheektowaga

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Buffalo-Cheektowaga is 28% cheaper for renters. A 2-bedroom rents for $907/mo vs $1,162/mo in Anchorage — saving $3,060/year.

Rent by Unit Size

Unit SizeAnchorageBuffalo-CheektowagaDifference
Studio$795$588$207
1 Bedroom$960$711$249
2 Bedrooms$1,162$907$255
3 Bedrooms$1,475$1,073$402
4 Bedrooms$1,674$1,274$400
Median Income$75,443$48,222$27,221

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
Full Anchorage profile →

Buffalo-Cheektowaga

Studio
$588/mo
1 BR
$711/mo
2 BR
$907/mo
3 BR
$1,073/mo
4 BR
$1,274/mo
Median Income
$48,222/yr
Full Buffalo-Cheektowaga profile →

Frequently Asked Questions

Is Anchorage or Buffalo-Cheektowaga cheaper to rent in?
Buffalo-Cheektowaga is cheaper — a 2-bedroom Fair Market Rent is $907/mo vs $1,162/mo in Anchorage. That's $255/mo or $3,060/year more expensive in Anchorage (28% higher).
What is the 2-bedroom rent in Anchorage vs Buffalo-Cheektowaga?
The HUD Fair Market Rent for a 2-bedroom in Anchorage is $1,162/month. In Buffalo-Cheektowaga, a 2-bedroom FMR is $907/month.
How do incomes compare between Anchorage and Buffalo-Cheektowaga?
The median household income in Anchorage is $75,443/year. In Buffalo-Cheektowaga it is $48,222/year. Anchorage has the higher median income.
What is the studio rent in Anchorage vs Buffalo-Cheektowaga?
A studio apartment Fair Market Rent in Anchorage is $795/mo. In Buffalo-Cheektowaga it is $588/mo.