Anchorage vs Peoria
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Peoria is 58% cheaper for renters. A 2-bedroom rents for $736/mo vs $1,162/mo in Anchorage — saving $5,112/year.
Rent by Unit Size
| Unit Size | Anchorage | Peoria | Difference |
|---|---|---|---|
| Studio | $795 | $470 | $325 |
| 1 Bedroom | $960 | $596 | $364 |
| 2 Bedrooms | $1,162 | $736 | $426 |
| 3 Bedrooms | $1,475 | $870 | $605 |
| 4 Bedrooms | $1,674 | $1,074 | $600 |
| Median Income | $75,443 | $39,404 | $36,039 |
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
Peoria
- Studio
- $470/mo
- 1 BR
- $596/mo
- 2 BR
- $736/mo
- 3 BR
- $870/mo
- 4 BR
- $1,074/mo
- Median Income
- $39,404/yr
Frequently Asked Questions
Is Anchorage or Peoria cheaper to rent in?
Peoria is cheaper — a 2-bedroom Fair Market Rent is $736/mo vs $1,162/mo in Anchorage. That's $426/mo or $5,112/year more expensive in Anchorage (58% higher).
What is the 2-bedroom rent in Anchorage vs Peoria?
The HUD Fair Market Rent for a 2-bedroom in Anchorage is $1,162/month. In Peoria, a 2-bedroom FMR is $736/month.
How do incomes compare between Anchorage and Peoria?
The median household income in Anchorage is $75,443/year. In Peoria it is $39,404/year. Anchorage has the higher median income.
What is the studio rent in Anchorage vs Peoria?
A studio apartment Fair Market Rent in Anchorage is $795/mo. In Peoria it is $470/mo.