Anchorage vs Lynchburg
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lynchburg is 61% cheaper for renters. A 2-bedroom rents for $721/mo vs $1,162/mo in Anchorage — saving $5,292/year.
Rent by Unit Size
| Unit Size | Anchorage | Lynchburg | Difference |
|---|---|---|---|
| Studio | $795 | $494 | $301 |
| 1 Bedroom | $960 | $589 | $371 |
| 2 Bedrooms | $1,162 | $721 | $441 |
| 3 Bedrooms | $1,475 | $933 | $542 |
| 4 Bedrooms | $1,674 | $1,024 | $650 |
| Median Income | $75,443 | $37,857 | $37,586 |
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
Lynchburg
- Studio
- $494/mo
- 1 BR
- $589/mo
- 2 BR
- $721/mo
- 3 BR
- $933/mo
- 4 BR
- $1,024/mo
- Median Income
- $37,857/yr
Frequently Asked Questions
Is Anchorage or Lynchburg cheaper to rent in?
Lynchburg is cheaper — a 2-bedroom Fair Market Rent is $721/mo vs $1,162/mo in Anchorage. That's $441/mo or $5,292/year more expensive in Anchorage (61% higher).
What is the 2-bedroom rent in Anchorage vs Lynchburg?
The HUD Fair Market Rent for a 2-bedroom in Anchorage is $1,162/month. In Lynchburg, a 2-bedroom FMR is $721/month.
How do incomes compare between Anchorage and Lynchburg?
The median household income in Anchorage is $75,443/year. In Lynchburg it is $37,857/year. Anchorage has the higher median income.
What is the studio rent in Anchorage vs Lynchburg?
A studio apartment Fair Market Rent in Anchorage is $795/mo. In Lynchburg it is $494/mo.