Anchorage vs Spokane-Spokane Valley
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Spokane-Spokane Valley is 15% cheaper for renters. A 2-bedroom rents for $1,014/mo vs $1,162/mo in Anchorage — saving $1,776/year.
Rent by Unit Size
| Unit Size | Anchorage | Spokane-Spokane Valley | Difference |
|---|---|---|---|
| Studio | $795 | $695 | $100 |
| 1 Bedroom | $960 | $839 | $121 |
| 2 Bedrooms | $1,162 | $1,014 | $148 |
| 3 Bedrooms | $1,475 | $1,335 | $140 |
| 4 Bedrooms | $1,674 | $1,520 | $154 |
| Median Income | $75,443 | $60,901 | $14,542 |
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
Spokane-Spokane Valley
- Studio
- $695/mo
- 1 BR
- $839/mo
- 2 BR
- $1,014/mo
- 3 BR
- $1,335/mo
- 4 BR
- $1,520/mo
- Median Income
- $60,901/yr
Frequently Asked Questions
Is Anchorage or Spokane-Spokane Valley cheaper to rent in?
Spokane-Spokane Valley is cheaper — a 2-bedroom Fair Market Rent is $1,014/mo vs $1,162/mo in Anchorage. That's $148/mo or $1,776/year more expensive in Anchorage (15% higher).
What is the 2-bedroom rent in Anchorage vs Spokane-Spokane Valley?
The HUD Fair Market Rent for a 2-bedroom in Anchorage is $1,162/month. In Spokane-Spokane Valley, a 2-bedroom FMR is $1,014/month.
How do incomes compare between Anchorage and Spokane-Spokane Valley?
The median household income in Anchorage is $75,443/year. In Spokane-Spokane Valley it is $60,901/year. Anchorage has the higher median income.
What is the studio rent in Anchorage vs Spokane-Spokane Valley?
A studio apartment Fair Market Rent in Anchorage is $795/mo. In Spokane-Spokane Valley it is $695/mo.