Anchorage vs Cleveland-Elyria
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cleveland-Elyria is 38% cheaper for renters. A 2-bedroom rents for $844/mo vs $1,162/mo in Anchorage — saving $3,816/year.
Rent by Unit Size
| Unit Size | Anchorage | Cleveland-Elyria | Difference |
|---|---|---|---|
| Studio | $795 | $566 | $229 |
| 1 Bedroom | $960 | $677 | $283 |
| 2 Bedrooms | $1,162 | $844 | $318 |
| 3 Bedrooms | $1,475 | $1,081 | $394 |
| 4 Bedrooms | $1,674 | $1,197 | $477 |
| Median Income | $75,443 | $59,020 | $16,423 |
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
Cleveland-Elyria
- Studio
- $566/mo
- 1 BR
- $677/mo
- 2 BR
- $844/mo
- 3 BR
- $1,081/mo
- 4 BR
- $1,197/mo
- Median Income
- $59,020/yr
Frequently Asked Questions
Is Anchorage or Cleveland-Elyria cheaper to rent in?
Cleveland-Elyria is cheaper — a 2-bedroom Fair Market Rent is $844/mo vs $1,162/mo in Anchorage. That's $318/mo or $3,816/year more expensive in Anchorage (38% higher).
What is the 2-bedroom rent in Anchorage vs Cleveland-Elyria?
The HUD Fair Market Rent for a 2-bedroom in Anchorage is $1,162/month. In Cleveland-Elyria, a 2-bedroom FMR is $844/month.
How do incomes compare between Anchorage and Cleveland-Elyria?
The median household income in Anchorage is $75,443/year. In Cleveland-Elyria it is $59,020/year. Anchorage has the higher median income.
What is the studio rent in Anchorage vs Cleveland-Elyria?
A studio apartment Fair Market Rent in Anchorage is $795/mo. In Cleveland-Elyria it is $566/mo.