Anchorage vs Cheyenne
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cheyenne is 28% cheaper for renters. A 2-bedroom rents for $906/mo vs $1,162/mo in Anchorage — saving $3,072/year.
Rent by Unit Size
| Unit Size | Anchorage | Cheyenne | Difference |
|---|---|---|---|
| Studio | $795 | $586 | $209 |
| 1 Bedroom | $960 | $741 | $219 |
| 2 Bedrooms | $1,162 | $906 | $256 |
| 3 Bedrooms | $1,475 | $1,120 | $355 |
| 4 Bedrooms | $1,674 | $1,322 | $352 |
| Median Income | $75,443 | $46,984 | $28,459 |
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
Cheyenne
- Studio
- $586/mo
- 1 BR
- $741/mo
- 2 BR
- $906/mo
- 3 BR
- $1,120/mo
- 4 BR
- $1,322/mo
- Median Income
- $46,984/yr
Frequently Asked Questions
Is Anchorage or Cheyenne cheaper to rent in?
Cheyenne is cheaper — a 2-bedroom Fair Market Rent is $906/mo vs $1,162/mo in Anchorage. That's $256/mo or $3,072/year more expensive in Anchorage (28% higher).
What is the 2-bedroom rent in Anchorage vs Cheyenne?
The HUD Fair Market Rent for a 2-bedroom in Anchorage is $1,162/month. In Cheyenne, a 2-bedroom FMR is $906/month.
How do incomes compare between Anchorage and Cheyenne?
The median household income in Anchorage is $75,443/year. In Cheyenne it is $46,984/year. Anchorage has the higher median income.
What is the studio rent in Anchorage vs Cheyenne?
A studio apartment Fair Market Rent in Anchorage is $795/mo. In Cheyenne it is $586/mo.