Anchorage vs Chico
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Chico is 10% cheaper for renters. A 2-bedroom rents for $1,059/mo vs $1,162/mo in Anchorage — saving $1,236/year.
Rent by Unit Size
| Unit Size | Anchorage | Chico | Difference |
|---|---|---|---|
| Studio | $795 | $698 | $97 |
| 1 Bedroom | $960 | $859 | $101 |
| 2 Bedrooms | $1,162 | $1,059 | $103 |
| 3 Bedrooms | $1,475 | $1,354 | $121 |
| 4 Bedrooms | $1,674 | $1,491 | $183 |
| Median Income | $75,443 | $66,884 | $8,559 |
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
Chico
- Studio
- $698/mo
- 1 BR
- $859/mo
- 2 BR
- $1,059/mo
- 3 BR
- $1,354/mo
- 4 BR
- $1,491/mo
- Median Income
- $66,884/yr
Frequently Asked Questions
Is Anchorage or Chico cheaper to rent in?
Chico is cheaper — a 2-bedroom Fair Market Rent is $1,059/mo vs $1,162/mo in Anchorage. That's $103/mo or $1,236/year more expensive in Anchorage (10% higher).
What is the 2-bedroom rent in Anchorage vs Chico?
The HUD Fair Market Rent for a 2-bedroom in Anchorage is $1,162/month. In Chico, a 2-bedroom FMR is $1,059/month.
How do incomes compare between Anchorage and Chico?
The median household income in Anchorage is $75,443/year. In Chico it is $66,884/year. Anchorage has the higher median income.
What is the studio rent in Anchorage vs Chico?
A studio apartment Fair Market Rent in Anchorage is $795/mo. In Chico it is $698/mo.