Anchorage vs El Paso
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
El Paso is 34% cheaper for renters. A 2-bedroom rents for $868/mo vs $1,162/mo in Anchorage — saving $3,528/year.
Rent by Unit Size
| Unit Size | Anchorage | El Paso | Difference |
|---|---|---|---|
| Studio | $795 | $557 | $238 |
| 1 Bedroom | $960 | $685 | $275 |
| 2 Bedrooms | $1,162 | $868 | $294 |
| 3 Bedrooms | $1,475 | $1,052 | $423 |
| 4 Bedrooms | $1,674 | $1,194 | $480 |
| Median Income | $75,443 | $45,964 | $29,479 |
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
El Paso
- Studio
- $557/mo
- 1 BR
- $685/mo
- 2 BR
- $868/mo
- 3 BR
- $1,052/mo
- 4 BR
- $1,194/mo
- Median Income
- $45,964/yr
Frequently Asked Questions
Is Anchorage or El Paso cheaper to rent in?
El Paso is cheaper — a 2-bedroom Fair Market Rent is $868/mo vs $1,162/mo in Anchorage. That's $294/mo or $3,528/year more expensive in Anchorage (34% higher).
What is the 2-bedroom rent in Anchorage vs El Paso?
The HUD Fair Market Rent for a 2-bedroom in Anchorage is $1,162/month. In El Paso, a 2-bedroom FMR is $868/month.
How do incomes compare between Anchorage and El Paso?
The median household income in Anchorage is $75,443/year. In El Paso it is $45,964/year. Anchorage has the higher median income.
What is the studio rent in Anchorage vs El Paso?
A studio apartment Fair Market Rent in Anchorage is $795/mo. In El Paso it is $557/mo.