Anchorage vs Provo-Orem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Provo-Orem is 3% cheaper for renters. A 2-bedroom rents for $1,125/mo vs $1,162/mo in Anchorage — saving $444/year.
Rent by Unit Size
| Unit Size | Anchorage | Provo-Orem | Difference |
|---|---|---|---|
| Studio | $795 | $707 | $88 |
| 1 Bedroom | $960 | $881 | $79 |
| 2 Bedrooms | $1,162 | $1,125 | $37 |
| 3 Bedrooms | $1,475 | $1,330 | $145 |
| 4 Bedrooms | $1,674 | $1,544 | $130 |
| Median Income | $75,443 | $72,225 | $3,218 |
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
Provo-Orem
- Studio
- $707/mo
- 1 BR
- $881/mo
- 2 BR
- $1,125/mo
- 3 BR
- $1,330/mo
- 4 BR
- $1,544/mo
- Median Income
- $72,225/yr
Frequently Asked Questions
Is Anchorage or Provo-Orem cheaper to rent in?
Provo-Orem is cheaper — a 2-bedroom Fair Market Rent is $1,125/mo vs $1,162/mo in Anchorage. That's $37/mo or $444/year more expensive in Anchorage (3% higher).
What is the 2-bedroom rent in Anchorage vs Provo-Orem?
The HUD Fair Market Rent for a 2-bedroom in Anchorage is $1,162/month. In Provo-Orem, a 2-bedroom FMR is $1,125/month.
How do incomes compare between Anchorage and Provo-Orem?
The median household income in Anchorage is $75,443/year. In Provo-Orem it is $72,225/year. Anchorage has the higher median income.
What is the studio rent in Anchorage vs Provo-Orem?
A studio apartment Fair Market Rent in Anchorage is $795/mo. In Provo-Orem it is $707/mo.