Anchorage vs Providence-Warwick
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Providence-Warwick is 4% cheaper for renters. A 2-bedroom rents for $1,122/mo vs $1,162/mo in Anchorage — saving $480/year.
Rent by Unit Size
| Unit Size | Anchorage | Providence-Warwick | Difference |
|---|---|---|---|
| Studio | $795 | $784 | $11 |
| 1 Bedroom | $960 | $946 | $14 |
| 2 Bedrooms | $1,162 | $1,122 | $40 |
| 3 Bedrooms | $1,475 | $1,429 | $46 |
| 4 Bedrooms | $1,674 | $1,663 | $11 |
| Median Income | $75,443 | $69,693 | $5,750 |
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
Providence-Warwick
- Studio
- $784/mo
- 1 BR
- $946/mo
- 2 BR
- $1,122/mo
- 3 BR
- $1,429/mo
- 4 BR
- $1,663/mo
- Median Income
- $69,693/yr
Frequently Asked Questions
Is Anchorage or Providence-Warwick cheaper to rent in?
Providence-Warwick is cheaper — a 2-bedroom Fair Market Rent is $1,122/mo vs $1,162/mo in Anchorage. That's $40/mo or $480/year more expensive in Anchorage (4% higher).
What is the 2-bedroom rent in Anchorage vs Providence-Warwick?
The HUD Fair Market Rent for a 2-bedroom in Anchorage is $1,162/month. In Providence-Warwick, a 2-bedroom FMR is $1,122/month.
How do incomes compare between Anchorage and Providence-Warwick?
The median household income in Anchorage is $75,443/year. In Providence-Warwick it is $69,693/year. Anchorage has the higher median income.
What is the studio rent in Anchorage vs Providence-Warwick?
A studio apartment Fair Market Rent in Anchorage is $795/mo. In Providence-Warwick it is $784/mo.