Anchorage vs South Bend-Mishawaka
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
South Bend-Mishawaka is 60% cheaper for renters. A 2-bedroom rents for $724/mo vs $1,162/mo in Anchorage — saving $5,256/year.
Rent by Unit Size
| Unit Size | Anchorage | South Bend-Mishawaka | Difference |
|---|---|---|---|
| Studio | $795 | $500 | $295 |
| 1 Bedroom | $960 | $609 | $351 |
| 2 Bedrooms | $1,162 | $724 | $438 |
| 3 Bedrooms | $1,475 | $947 | $528 |
| 4 Bedrooms | $1,674 | $1,108 | $566 |
| Median Income | $75,443 | $45,155 | $30,288 |
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
South Bend-Mishawaka
- Studio
- $500/mo
- 1 BR
- $609/mo
- 2 BR
- $724/mo
- 3 BR
- $947/mo
- 4 BR
- $1,108/mo
- Median Income
- $45,155/yr
Frequently Asked Questions
Is Anchorage or South Bend-Mishawaka cheaper to rent in?
South Bend-Mishawaka is cheaper — a 2-bedroom Fair Market Rent is $724/mo vs $1,162/mo in Anchorage. That's $438/mo or $5,256/year more expensive in Anchorage (60% higher).
What is the 2-bedroom rent in Anchorage vs South Bend-Mishawaka?
The HUD Fair Market Rent for a 2-bedroom in Anchorage is $1,162/month. In South Bend-Mishawaka, a 2-bedroom FMR is $724/month.
How do incomes compare between Anchorage and South Bend-Mishawaka?
The median household income in Anchorage is $75,443/year. In South Bend-Mishawaka it is $45,155/year. Anchorage has the higher median income.
What is the studio rent in Anchorage vs South Bend-Mishawaka?
A studio apartment Fair Market Rent in Anchorage is $795/mo. In South Bend-Mishawaka it is $500/mo.