FairRentWize

Anchorage vs Virginia Beach-Norfolk-Newport News

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Virginia Beach-Norfolk-Newport News is 17% cheaper for renters. A 2-bedroom rents for $994/mo vs $1,162/mo in Anchorage — saving $2,016/year.

Rent by Unit Size

Unit SizeAnchorageVirginia Beach-Norfolk-Newport NewsDifference
Studio$795$659$136
1 Bedroom$960$824$136
2 Bedrooms$1,162$994$168
3 Bedrooms$1,475$1,234$241
4 Bedrooms$1,674$1,448$226
Median Income$75,443$57,948$17,495

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
Full Anchorage profile →

Virginia Beach-Norfolk-Newport News

Studio
$659/mo
1 BR
$824/mo
2 BR
$994/mo
3 BR
$1,234/mo
4 BR
$1,448/mo
Median Income
$57,948/yr
Full Virginia Beach-Norfolk-Newport News profile →

Frequently Asked Questions

Is Anchorage or Virginia Beach-Norfolk-Newport News cheaper to rent in?
Virginia Beach-Norfolk-Newport News is cheaper — a 2-bedroom Fair Market Rent is $994/mo vs $1,162/mo in Anchorage. That's $168/mo or $2,016/year more expensive in Anchorage (17% higher).
What is the 2-bedroom rent in Anchorage vs Virginia Beach-Norfolk-Newport News?
The HUD Fair Market Rent for a 2-bedroom in Anchorage is $1,162/month. In Virginia Beach-Norfolk-Newport News, a 2-bedroom FMR is $994/month.
How do incomes compare between Anchorage and Virginia Beach-Norfolk-Newport News?
The median household income in Anchorage is $75,443/year. In Virginia Beach-Norfolk-Newport News it is $57,948/year. Anchorage has the higher median income.
What is the studio rent in Anchorage vs Virginia Beach-Norfolk-Newport News?
A studio apartment Fair Market Rent in Anchorage is $795/mo. In Virginia Beach-Norfolk-Newport News it is $659/mo.