Anchorage vs Lubbock
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lubbock is 60% cheaper for renters. A 2-bedroom rents for $727/mo vs $1,162/mo in Anchorage — saving $5,220/year.
Rent by Unit Size
| Unit Size | Anchorage | Lubbock | Difference |
|---|---|---|---|
| Studio | $795 | $467 | $328 |
| 1 Bedroom | $960 | $585 | $375 |
| 2 Bedrooms | $1,162 | $727 | $435 |
| 3 Bedrooms | $1,475 | $896 | $579 |
| 4 Bedrooms | $1,674 | $1,003 | $671 |
| Median Income | $75,443 | $49,610 | $25,833 |
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
Lubbock
- Studio
- $467/mo
- 1 BR
- $585/mo
- 2 BR
- $727/mo
- 3 BR
- $896/mo
- 4 BR
- $1,003/mo
- Median Income
- $49,610/yr
Frequently Asked Questions
Is Anchorage or Lubbock cheaper to rent in?
Lubbock is cheaper — a 2-bedroom Fair Market Rent is $727/mo vs $1,162/mo in Anchorage. That's $435/mo or $5,220/year more expensive in Anchorage (60% higher).
What is the 2-bedroom rent in Anchorage vs Lubbock?
The HUD Fair Market Rent for a 2-bedroom in Anchorage is $1,162/month. In Lubbock, a 2-bedroom FMR is $727/month.
How do incomes compare between Anchorage and Lubbock?
The median household income in Anchorage is $75,443/year. In Lubbock it is $49,610/year. Anchorage has the higher median income.
What is the studio rent in Anchorage vs Lubbock?
A studio apartment Fair Market Rent in Anchorage is $795/mo. In Lubbock it is $467/mo.