Anchorage vs Grand Rapids-Kentwood
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Grand Rapids-Kentwood is 23% cheaper for renters. A 2-bedroom rents for $945/mo vs $1,162/mo in Anchorage — saving $2,604/year.
Rent by Unit Size
| Unit Size | Anchorage | Grand Rapids-Kentwood | Difference |
|---|---|---|---|
| Studio | $795 | $583 | $212 |
| 1 Bedroom | $960 | $741 | $219 |
| 2 Bedrooms | $1,162 | $945 | $217 |
| 3 Bedrooms | $1,475 | $1,145 | $330 |
| 4 Bedrooms | $1,674 | $1,345 | $329 |
| Median Income | $75,443 | $58,686 | $16,757 |
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
Grand Rapids-Kentwood
- Studio
- $583/mo
- 1 BR
- $741/mo
- 2 BR
- $945/mo
- 3 BR
- $1,145/mo
- 4 BR
- $1,345/mo
- Median Income
- $58,686/yr
Frequently Asked Questions
Is Anchorage or Grand Rapids-Kentwood cheaper to rent in?
Grand Rapids-Kentwood is cheaper — a 2-bedroom Fair Market Rent is $945/mo vs $1,162/mo in Anchorage. That's $217/mo or $2,604/year more expensive in Anchorage (23% higher).
What is the 2-bedroom rent in Anchorage vs Grand Rapids-Kentwood?
The HUD Fair Market Rent for a 2-bedroom in Anchorage is $1,162/month. In Grand Rapids-Kentwood, a 2-bedroom FMR is $945/month.
How do incomes compare between Anchorage and Grand Rapids-Kentwood?
The median household income in Anchorage is $75,443/year. In Grand Rapids-Kentwood it is $58,686/year. Anchorage has the higher median income.
What is the studio rent in Anchorage vs Grand Rapids-Kentwood?
A studio apartment Fair Market Rent in Anchorage is $795/mo. In Grand Rapids-Kentwood it is $583/mo.