Rent comparison · HUD FY2026

Lake and Peninsula Borough vs Anchorage Municipality

How do Lake and Peninsula Borough and Anchorage Municipality rents compare? A side-by-side FY 2026 HUD Fair Market Rent breakdown, studio through 4-bedroom.

$894
Lake and Peninsula Borough (1BR)
$1,243
Anchorage Municipality (1BR)
−28%
1BR difference

Side-by-side FY 2026 HUD Fair Market Rent comparison. Data from U.S. Department of Housing and Urban Development (HUD).

County
Lake and Peninsula Borough
$894/mo 1BR
Population: 999
County
Anchorage Municipality
$1,243/mo 1BR
Population: 290,674

A 1-bedroom in Lake and Peninsula Borough is 28% cheaper than Anchorage Municipality at the HUD Fair Market Rent level ($894 vs $1,243). Both figures are the 40th percentile of gross rents (utilities included, telephone excluded) set by HUD for the federal fiscal year 2026. Section 8 Housing Choice Voucher payment standards in each area are set between 90% and 110% of these FMR numbers. Source: HUD Fair Market Rents.

How Do Rents Compare By Bedroom?

Bedrooms Lake and Peninsula Borough Anchorage Municipality Difference
Studio $739 $1,152 −$413 (-36%)
1 Bedroom $894 $1,243 −$349 (-28%)
2 Bedroom $1,030 $1,631 −$601 (-37%)
3 Bedroom $1,391 $2,268 −$877 (-39%)
4 Bedroom $1,596 $2,736 −$1140 (-42%)

vs US National Average

National average 1BR: $959. Lake and Peninsula Borough is 7% below the US average. Anchorage Municipality is 30% above.

Sources: HUD Fair Market Rents FY 2026. Population and median income from U.S. Census Bureau American Community Survey (ACS).