FairRentWize

New Mexico vs Alaska: Rent Comparison 2026

Side-by-side comparison of fair market rents, income, and tenant protections between New Mexico and Alaska.

New Mexico is 28% cheaper for a 2-bedroom rental than Alaska, saving renters approximately $378/mo ($4,536/year).

MetricNew MexicoAlaska
Average 1BR Rent$791/mo$1,086/mo
Average 2BR Rent$983/mo$1,361/mo
Median Income$58,909$83,578
Renter %35.5%33.2%
Tenant Rights5/105/10

Rent Burden Comparison

New Mexico

2BR Rent: $983/mo of $58,909/yr income

20.0% of income

Alaska

2BR Rent: $1,361/mo of $83,578/yr income

19.5% of income

Frequently Asked Questions

Is New Mexico or Alaska cheaper to rent in?

New Mexico has lower average rents. A 2-bedroom averages $983/mo, which is $378 less per month than Alaska (28% cheaper).

Which state has better tenant protections, New Mexico or Alaska?

New Mexico has stronger tenant rights with a score of 5/10 compared to 5/10.

What is the income difference between New Mexico and Alaska?

New Mexico median income: $58,909. Alaska median income: $83,578. Difference: $24,669/year.

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