Anchorage vs Colorado Springs
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Colorado Springs is 2% cheaper for renters. A 2-bedroom rents for $1,142/mo vs $1,162/mo in Anchorage — saving $240/year.
Rent by Unit Size
| Unit Size | Anchorage | Colorado Springs | Difference |
|---|---|---|---|
| Studio | $795 | $778 | $17 |
| 1 Bedroom | $960 | $959 | $1 |
| 2 Bedrooms | $1,162 | $1,142 | $20 |
| 3 Bedrooms | $1,475 | $1,510 | $35 |
| 4 Bedrooms | $1,674 | $1,677 | $3 |
| Median Income | $75,443 | $70,288 | $5,155 |
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
Colorado Springs
- Studio
- $778/mo
- 1 BR
- $959/mo
- 2 BR
- $1,142/mo
- 3 BR
- $1,510/mo
- 4 BR
- $1,677/mo
- Median Income
- $70,288/yr
Frequently Asked Questions
Is Anchorage or Colorado Springs cheaper to rent in?
Colorado Springs is cheaper — a 2-bedroom Fair Market Rent is $1,142/mo vs $1,162/mo in Anchorage. That's $20/mo or $240/year more expensive in Anchorage (2% higher).
What is the 2-bedroom rent in Anchorage vs Colorado Springs?
The HUD Fair Market Rent for a 2-bedroom in Anchorage is $1,162/month. In Colorado Springs, a 2-bedroom FMR is $1,142/month.
How do incomes compare between Anchorage and Colorado Springs?
The median household income in Anchorage is $75,443/year. In Colorado Springs it is $70,288/year. Anchorage has the higher median income.
What is the studio rent in Anchorage vs Colorado Springs?
A studio apartment Fair Market Rent in Anchorage is $795/mo. In Colorado Springs it is $778/mo.