Anchorage vs Lafayette
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lafayette is 57% cheaper for renters. A 2-bedroom rents for $741/mo vs $1,162/mo in Anchorage — saving $5,052/year.
Rent by Unit Size
| Unit Size | Anchorage | Lafayette | Difference |
|---|---|---|---|
| Studio | $795 | $502 | $293 |
| 1 Bedroom | $960 | $626 | $334 |
| 2 Bedrooms | $1,162 | $741 | $421 |
| 3 Bedrooms | $1,475 | $958 | $517 |
| 4 Bedrooms | $1,674 | $1,134 | $540 |
| Median Income | $75,443 | $38,989 | $36,454 |
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
Lafayette
- Studio
- $502/mo
- 1 BR
- $626/mo
- 2 BR
- $741/mo
- 3 BR
- $958/mo
- 4 BR
- $1,134/mo
- Median Income
- $38,989/yr
Frequently Asked Questions
Is Anchorage or Lafayette cheaper to rent in?
Lafayette is cheaper — a 2-bedroom Fair Market Rent is $741/mo vs $1,162/mo in Anchorage. That's $421/mo or $5,052/year more expensive in Anchorage (57% higher).
What is the 2-bedroom rent in Anchorage vs Lafayette?
The HUD Fair Market Rent for a 2-bedroom in Anchorage is $1,162/month. In Lafayette, a 2-bedroom FMR is $741/month.
How do incomes compare between Anchorage and Lafayette?
The median household income in Anchorage is $75,443/year. In Lafayette it is $38,989/year. Anchorage has the higher median income.
What is the studio rent in Anchorage vs Lafayette?
A studio apartment Fair Market Rent in Anchorage is $795/mo. In Lafayette it is $502/mo.