Anchorage vs Wilmington
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Wilmington is 13% cheaper for renters. A 2-bedroom rents for $1,024/mo vs $1,162/mo in Anchorage — saving $1,656/year.
Rent by Unit Size
| Unit Size | Anchorage | Wilmington | Difference |
|---|---|---|---|
| Studio | $795 | $656 | $139 |
| 1 Bedroom | $960 | $838 | $122 |
| 2 Bedrooms | $1,162 | $1,024 | $138 |
| 3 Bedrooms | $1,475 | $1,314 | $161 |
| 4 Bedrooms | $1,674 | $1,459 | $215 |
| Median Income | $75,443 | $52,995 | $22,448 |
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
Wilmington
- Studio
- $656/mo
- 1 BR
- $838/mo
- 2 BR
- $1,024/mo
- 3 BR
- $1,314/mo
- 4 BR
- $1,459/mo
- Median Income
- $52,995/yr
Frequently Asked Questions
Is Anchorage or Wilmington cheaper to rent in?
Wilmington is cheaper — a 2-bedroom Fair Market Rent is $1,024/mo vs $1,162/mo in Anchorage. That's $138/mo or $1,656/year more expensive in Anchorage (13% higher).
What is the 2-bedroom rent in Anchorage vs Wilmington?
The HUD Fair Market Rent for a 2-bedroom in Anchorage is $1,162/month. In Wilmington, a 2-bedroom FMR is $1,024/month.
How do incomes compare between Anchorage and Wilmington?
The median household income in Anchorage is $75,443/year. In Wilmington it is $52,995/year. Anchorage has the higher median income.
What is the studio rent in Anchorage vs Wilmington?
A studio apartment Fair Market Rent in Anchorage is $795/mo. In Wilmington it is $656/mo.