Anchorage vs Milwaukee-Waukesha
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Milwaukee-Waukesha is 23% cheaper for renters. A 2-bedroom rents for $941/mo vs $1,162/mo in Anchorage — saving $2,652/year.
Rent by Unit Size
| Unit Size | Anchorage | Milwaukee-Waukesha | Difference |
|---|---|---|---|
| Studio | $795 | $640 | $155 |
| 1 Bedroom | $960 | $760 | $200 |
| 2 Bedrooms | $1,162 | $941 | $221 |
| 3 Bedrooms | $1,475 | $1,181 | $294 |
| 4 Bedrooms | $1,674 | $1,384 | $290 |
| Median Income | $75,443 | $63,161 | $12,282 |
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
Milwaukee-Waukesha
- Studio
- $640/mo
- 1 BR
- $760/mo
- 2 BR
- $941/mo
- 3 BR
- $1,181/mo
- 4 BR
- $1,384/mo
- Median Income
- $63,161/yr
Frequently Asked Questions
Is Anchorage or Milwaukee-Waukesha cheaper to rent in?
Milwaukee-Waukesha is cheaper — a 2-bedroom Fair Market Rent is $941/mo vs $1,162/mo in Anchorage. That's $221/mo or $2,652/year more expensive in Anchorage (23% higher).
What is the 2-bedroom rent in Anchorage vs Milwaukee-Waukesha?
The HUD Fair Market Rent for a 2-bedroom in Anchorage is $1,162/month. In Milwaukee-Waukesha, a 2-bedroom FMR is $941/month.
How do incomes compare between Anchorage and Milwaukee-Waukesha?
The median household income in Anchorage is $75,443/year. In Milwaukee-Waukesha it is $63,161/year. Anchorage has the higher median income.
What is the studio rent in Anchorage vs Milwaukee-Waukesha?
A studio apartment Fair Market Rent in Anchorage is $795/mo. In Milwaukee-Waukesha it is $640/mo.