Anchorage vs Racine
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Racine is 46% cheaper for renters. A 2-bedroom rents for $794/mo vs $1,162/mo in Anchorage — saving $4,416/year.
Rent by Unit Size
| Unit Size | Anchorage | Racine | Difference |
|---|---|---|---|
| Studio | $795 | $508 | $287 |
| 1 Bedroom | $960 | $641 | $319 |
| 2 Bedrooms | $1,162 | $794 | $368 |
| 3 Bedrooms | $1,475 | $1,002 | $473 |
| 4 Bedrooms | $1,674 | $1,141 | $533 |
| Median Income | $75,443 | $42,267 | $33,176 |
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
Racine
- Studio
- $508/mo
- 1 BR
- $641/mo
- 2 BR
- $794/mo
- 3 BR
- $1,002/mo
- 4 BR
- $1,141/mo
- Median Income
- $42,267/yr
Frequently Asked Questions
Is Anchorage or Racine cheaper to rent in?
Racine is cheaper — a 2-bedroom Fair Market Rent is $794/mo vs $1,162/mo in Anchorage. That's $368/mo or $4,416/year more expensive in Anchorage (46% higher).
What is the 2-bedroom rent in Anchorage vs Racine?
The HUD Fair Market Rent for a 2-bedroom in Anchorage is $1,162/month. In Racine, a 2-bedroom FMR is $794/month.
How do incomes compare between Anchorage and Racine?
The median household income in Anchorage is $75,443/year. In Racine it is $42,267/year. Anchorage has the higher median income.
What is the studio rent in Anchorage vs Racine?
A studio apartment Fair Market Rent in Anchorage is $795/mo. In Racine it is $508/mo.