Anchorage vs Erie
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Erie is 74% cheaper for renters. A 2-bedroom rents for $668/mo vs $1,162/mo in Anchorage — saving $5,928/year.
Rent by Unit Size
| Unit Size | Anchorage | Erie | Difference |
|---|---|---|---|
| Studio | $795 | $457 | $338 |
| 1 Bedroom | $960 | $553 | $407 |
| 2 Bedrooms | $1,162 | $668 | $494 |
| 3 Bedrooms | $1,475 | $861 | $614 |
| 4 Bedrooms | $1,674 | $985 | $689 |
| Median Income | $75,443 | $45,773 | $29,670 |
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
Erie
- Studio
- $457/mo
- 1 BR
- $553/mo
- 2 BR
- $668/mo
- 3 BR
- $861/mo
- 4 BR
- $985/mo
- Median Income
- $45,773/yr
Frequently Asked Questions
Is Anchorage or Erie cheaper to rent in?
Erie is cheaper — a 2-bedroom Fair Market Rent is $668/mo vs $1,162/mo in Anchorage. That's $494/mo or $5,928/year more expensive in Anchorage (74% higher).
What is the 2-bedroom rent in Anchorage vs Erie?
The HUD Fair Market Rent for a 2-bedroom in Anchorage is $1,162/month. In Erie, a 2-bedroom FMR is $668/month.
How do incomes compare between Anchorage and Erie?
The median household income in Anchorage is $75,443/year. In Erie it is $45,773/year. Anchorage has the higher median income.
What is the studio rent in Anchorage vs Erie?
A studio apartment Fair Market Rent in Anchorage is $795/mo. In Erie it is $457/mo.