Anchorage vs Lake Charles
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lake Charles is 58% cheaper for renters. A 2-bedroom rents for $735/mo vs $1,162/mo in Anchorage — saving $5,124/year.
Rent by Unit Size
| Unit Size | Anchorage | Lake Charles | Difference |
|---|---|---|---|
| Studio | $795 | $490 | $305 |
| 1 Bedroom | $960 | $592 | $368 |
| 2 Bedrooms | $1,162 | $735 | $427 |
| 3 Bedrooms | $1,475 | $930 | $545 |
| 4 Bedrooms | $1,674 | $984 | $690 |
| Median Income | $75,443 | $45,479 | $29,964 |
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
Lake Charles
- Studio
- $490/mo
- 1 BR
- $592/mo
- 2 BR
- $735/mo
- 3 BR
- $930/mo
- 4 BR
- $984/mo
- Median Income
- $45,479/yr
Frequently Asked Questions
Is Anchorage or Lake Charles cheaper to rent in?
Lake Charles is cheaper — a 2-bedroom Fair Market Rent is $735/mo vs $1,162/mo in Anchorage. That's $427/mo or $5,124/year more expensive in Anchorage (58% higher).
What is the 2-bedroom rent in Anchorage vs Lake Charles?
The HUD Fair Market Rent for a 2-bedroom in Anchorage is $1,162/month. In Lake Charles, a 2-bedroom FMR is $735/month.
How do incomes compare between Anchorage and Lake Charles?
The median household income in Anchorage is $75,443/year. In Lake Charles it is $45,479/year. Anchorage has the higher median income.
What is the studio rent in Anchorage vs Lake Charles?
A studio apartment Fair Market Rent in Anchorage is $795/mo. In Lake Charles it is $490/mo.