Anchorage vs Savannah
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Savannah is 20% cheaper for renters. A 2-bedroom rents for $966/mo vs $1,162/mo in Anchorage — saving $2,352/year.
Rent by Unit Size
| Unit Size | Anchorage | Savannah | Difference |
|---|---|---|---|
| Studio | $795 | $638 | $157 |
| 1 Bedroom | $960 | $772 | $188 |
| 2 Bedrooms | $1,162 | $966 | $196 |
| 3 Bedrooms | $1,475 | $1,195 | $280 |
| 4 Bedrooms | $1,674 | $1,403 | $271 |
| Median Income | $75,443 | $56,077 | $19,366 |
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
Savannah
- Studio
- $638/mo
- 1 BR
- $772/mo
- 2 BR
- $966/mo
- 3 BR
- $1,195/mo
- 4 BR
- $1,403/mo
- Median Income
- $56,077/yr
Frequently Asked Questions
Is Anchorage or Savannah cheaper to rent in?
Savannah is cheaper — a 2-bedroom Fair Market Rent is $966/mo vs $1,162/mo in Anchorage. That's $196/mo or $2,352/year more expensive in Anchorage (20% higher).
What is the 2-bedroom rent in Anchorage vs Savannah?
The HUD Fair Market Rent for a 2-bedroom in Anchorage is $1,162/month. In Savannah, a 2-bedroom FMR is $966/month.
How do incomes compare between Anchorage and Savannah?
The median household income in Anchorage is $75,443/year. In Savannah it is $56,077/year. Anchorage has the higher median income.
What is the studio rent in Anchorage vs Savannah?
A studio apartment Fair Market Rent in Anchorage is $795/mo. In Savannah it is $638/mo.