Anchorage vs Helena
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Helena is 36% cheaper for renters. A 2-bedroom rents for $857/mo vs $1,162/mo in Anchorage — saving $3,660/year.
Rent by Unit Size
| Unit Size | Anchorage | Helena | Difference |
|---|---|---|---|
| Studio | $795 | $577 | $218 |
| 1 Bedroom | $960 | $711 | $249 |
| 2 Bedrooms | $1,162 | $857 | $305 |
| 3 Bedrooms | $1,475 | $1,057 | $418 |
| 4 Bedrooms | $1,674 | $1,186 | $488 |
| Median Income | $75,443 | $47,790 | $27,653 |
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
Helena
- Studio
- $577/mo
- 1 BR
- $711/mo
- 2 BR
- $857/mo
- 3 BR
- $1,057/mo
- 4 BR
- $1,186/mo
- Median Income
- $47,790/yr
Frequently Asked Questions
Is Anchorage or Helena cheaper to rent in?
Helena is cheaper — a 2-bedroom Fair Market Rent is $857/mo vs $1,162/mo in Anchorage. That's $305/mo or $3,660/year more expensive in Anchorage (36% higher).
What is the 2-bedroom rent in Anchorage vs Helena?
The HUD Fair Market Rent for a 2-bedroom in Anchorage is $1,162/month. In Helena, a 2-bedroom FMR is $857/month.
How do incomes compare between Anchorage and Helena?
The median household income in Anchorage is $75,443/year. In Helena it is $47,790/year. Anchorage has the higher median income.
What is the studio rent in Anchorage vs Helena?
A studio apartment Fair Market Rent in Anchorage is $795/mo. In Helena it is $577/mo.