FairRentWize

Anchorage vs Merced

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Merced is 10% cheaper for renters. A 2-bedroom rents for $1,055/mo vs $1,162/mo in Anchorage — saving $1,284/year.

Rent by Unit Size

Unit SizeAnchorageMercedDifference
Studio$795$696$99
1 Bedroom$960$865$95
2 Bedrooms$1,162$1,055$107
3 Bedrooms$1,475$1,328$147
4 Bedrooms$1,674$1,460$214
Median Income$75,443$60,958$14,485

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
Full Anchorage profile →

Merced

Studio
$696/mo
1 BR
$865/mo
2 BR
$1,055/mo
3 BR
$1,328/mo
4 BR
$1,460/mo
Median Income
$60,958/yr
Full Merced profile →

Frequently Asked Questions

Is Anchorage or Merced cheaper to rent in?
Merced is cheaper — a 2-bedroom Fair Market Rent is $1,055/mo vs $1,162/mo in Anchorage. That's $107/mo or $1,284/year more expensive in Anchorage (10% higher).
What is the 2-bedroom rent in Anchorage vs Merced?
The HUD Fair Market Rent for a 2-bedroom in Anchorage is $1,162/month. In Merced, a 2-bedroom FMR is $1,055/month.
How do incomes compare between Anchorage and Merced?
The median household income in Anchorage is $75,443/year. In Merced it is $60,958/year. Anchorage has the higher median income.
What is the studio rent in Anchorage vs Merced?
A studio apartment Fair Market Rent in Anchorage is $795/mo. In Merced it is $696/mo.