Anchorage vs Modesto
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Modesto is 6% cheaper for renters. A 2-bedroom rents for $1,092/mo vs $1,162/mo in Anchorage — saving $840/year.
Rent by Unit Size
| Unit Size | Anchorage | Modesto | Difference |
|---|---|---|---|
| Studio | $795 | $727 | $68 |
| 1 Bedroom | $960 | $912 | $48 |
| 2 Bedrooms | $1,162 | $1,092 | $70 |
| 3 Bedrooms | $1,475 | $1,412 | $63 |
| 4 Bedrooms | $1,674 | $1,509 | $165 |
| Median Income | $75,443 | $56,394 | $19,049 |
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
Modesto
- Studio
- $727/mo
- 1 BR
- $912/mo
- 2 BR
- $1,092/mo
- 3 BR
- $1,412/mo
- 4 BR
- $1,509/mo
- Median Income
- $56,394/yr
Frequently Asked Questions
Is Anchorage or Modesto cheaper to rent in?
Modesto is cheaper — a 2-bedroom Fair Market Rent is $1,092/mo vs $1,162/mo in Anchorage. That's $70/mo or $840/year more expensive in Anchorage (6% higher).
What is the 2-bedroom rent in Anchorage vs Modesto?
The HUD Fair Market Rent for a 2-bedroom in Anchorage is $1,162/month. In Modesto, a 2-bedroom FMR is $1,092/month.
How do incomes compare between Anchorage and Modesto?
The median household income in Anchorage is $75,443/year. In Modesto it is $56,394/year. Anchorage has the higher median income.
What is the studio rent in Anchorage vs Modesto?
A studio apartment Fair Market Rent in Anchorage is $795/mo. In Modesto it is $727/mo.