Anchorage vs Salem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Salem is 2% cheaper for renters. A 2-bedroom rents for $1,137/mo vs $1,162/mo in Anchorage — saving $300/year.
Rent by Unit Size
| Unit Size | Anchorage | Salem | Difference |
|---|---|---|---|
| Studio | $795 | $741 | $54 |
| 1 Bedroom | $960 | $913 | $47 |
| 2 Bedrooms | $1,162 | $1,137 | $25 |
| 3 Bedrooms | $1,475 | $1,411 | $64 |
| 4 Bedrooms | $1,674 | $1,615 | $59 |
| Median Income | $75,443 | $53,953 | $21,490 |
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
Salem
- Studio
- $741/mo
- 1 BR
- $913/mo
- 2 BR
- $1,137/mo
- 3 BR
- $1,411/mo
- 4 BR
- $1,615/mo
- Median Income
- $53,953/yr
Frequently Asked Questions
Is Anchorage or Salem cheaper to rent in?
Salem is cheaper — a 2-bedroom Fair Market Rent is $1,137/mo vs $1,162/mo in Anchorage. That's $25/mo or $300/year more expensive in Anchorage (2% higher).
What is the 2-bedroom rent in Anchorage vs Salem?
The HUD Fair Market Rent for a 2-bedroom in Anchorage is $1,162/month. In Salem, a 2-bedroom FMR is $1,137/month.
How do incomes compare between Anchorage and Salem?
The median household income in Anchorage is $75,443/year. In Salem it is $53,953/year. Anchorage has the higher median income.
What is the studio rent in Anchorage vs Salem?
A studio apartment Fair Market Rent in Anchorage is $795/mo. In Salem it is $741/mo.