Apartments for Rent in Anchorage, AK
205 Rentals Available

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Frequently Asked Questions

When were prices and availability in Anchorage, AK last updated?

Prices and availability in Anchorage, AK were last updated on 18 Aug 2022.

What are the best apartments in Anchorage, AK?

The best apartments in Anchorage, AK are: Ptarmigan Meadows, Castle, The Village at Calais, Park Plaza II and Country Lane.

What is the average rent in Anchorage, AK?

The average rent in Anchorage, AK is $1,302. Start your search for apartments in Anchorage, AK now.

What is the price range for a studio apartment in Anchorage, AK?

The price range for a studio apartment in Anchorage, AK is between $600 and $2,236. View all studio apartments in Anchorage, AK.

What is the price range for a 1-bedroom apartment in Anchorage, AK?

The price range for a 1-bedroom apartment in Anchorage, AK is between $715 and $2,135. Browse all available 1-bedroom apartments in Anchorage, AK now.

What is the price range for a 2-bedroom apartment in Anchorage, AK?

The price range for a 2-bedroom apartment in Anchorage, AK is between $715 and $2,800. Browse and find a 2-bedroom apartment in Anchorage, AK.

What is the price range for a 3-bedroom apartment in Anchorage, AK?

The price range for a 3-bedroom apartment in Anchorage, AK is between $1,145 and $2,225. Browse all available 3-bedroom apartments in Anchorage, AK.

Living in Anchorage, AK

Anchorage is Alaska’s largest city, situated on the Cook Inlet in the south-central part of the state. Combining spectacular Alaskan nature with urban comforts, this casual small town is a fantastic place for renters who have a knack for nature, arts, culture and history. Anchorage has a subarctic climate and average daytime temperatures of 55°F to 78°F during summer and about 5°F to 30°F during winter months. While it does get cold in winter, the city is still incredible during every season, with plenty of attractions and outdoor activities for renters and visitors alike. Anchorage is also the prime place to explore various cultural sites, including the Alaska Native Heritage Center, displaying various crafts, dances, and traditional indigenous groups’ homes. Public art spots and murals, galleries, showrooms and artist workspaces reflect the city’s unique cultural vibe.

Anchorage, AK Demographics

Total Population292,090
Female 148,954

Male 143,136
Median Age33.9

Anchorage, AK has a population of 292,090 according to the most recent data from the U.S. Census Bureau. 143,136 of Anchorage’s residents are women and 148,954 are men. The median age of those who live in Anchorage, AK is 33.9.

Average Rent in Anchorage, AK

Anchorage, AK Average Rental Price, July 2022 $1,302 ^/mo

The average monthly rent of apartments in Anchorage, AK is $1,302.

Anchorage, AK Apartment Rent Ranges

About 60% of apartment rents in Anchorage, AK range between $1,001-$1,500. Meanwhile, apartments priced over $1,501-$2,000 represent 22% of apartments. Around 12% of Anchorage’s apartments are in the $701-$1,000 price range. 1% of apartments are priced between $501-$700.

Anchorage, AK Rent Trends

Average Rent	Mar / 2019	Jul / 2019	Nov / 2019	Mar / 2020	Jul / 2020	Nov / 2020	Mar / 2021	Jul / 2021	Nov / 2021	Mar / 2022	Jul / 2022
Anchorage, AK	$1,030	$1,029	$1,028	$1,047	$1,043	$1,053	$1,064	$1,114	$1,147	$1,208	$1,302
National	$1,375	$1,407	$1,415	$1,416	$1,406	$1,410	$1,418	$1,501	$1,596	$1,634	$1,706

Compared to the national average rent of $1,706, the average rent in Anchorage, AK is $1,302.

Check out the average rent prices in Anchorage by neighborhood.

Shopping in Anchorage, AK

Anchorage’s Dimond Center, the largest mall in Alaska, boasts a multitude of stores and big-box names for renters to enjoy. Just steps away from Dimond Center is Anchorage Market, a family-friendly outdoor market where you can buy local goods and produce. Walmart, Costco, Target and Fred Meyer are the most popular among renters, along with several local markets like Carrs-Safeway, New Sagaya and other smaller local stores. While the prices of some goods can be higher, there is no sales tax, which is an added benefit to renting in Anchorage. If you’re looking for a unique Alaskan gift, check out the stores inside the many art galleries and studios where many local indigenous artists make hand-knitted Qiviut garments with traditional patterns and designs from native villages.

Transportation in Anchorage, AK

Air, land and sea pathways connect people who rent in Anchorage to the rest of Alaska. The city is also a gateway for Alaska travelers, so most people will likely transit through Ted Stevens Anchorage International Airport. Maritime transportation is provided by the state ferry system and cruise lines that connect the Pacific Northwest to Anchorage. On land, the AK-1 and AK-3 highways, better known to locals as the Seward Highway and the Glenn Highway, connect the city to the rest of Alaska. Though renters usually rely on their cars to get around, Anchorage is relatively walkable. In addition, several bike trails provide a great option to explore natural spots and cruise through the bustling downtown area. Taxicabs and ridesharing services like Uber and Lyft are also convenient ways of moving around the city. Anchorage doesn’t have a subway system, so the People Mover is the city's main public transit network. While it can be slow at times, it’s an affordable transportation option for people who rent in Anchorage.

Anchorage, AK Households

Total Number of Households106,970
Family 69,571

Non-family 37,399
Children 36,435

No Children 70,535

Average People Per Household2.66
Median Household Income$84,813
Median Housing Costs Per Month$1,508

According to U.S. Census data, there are 106,970 households in Anchorage, AK. 69,571 are family households and 37,399 are non-family households. There are 36,435 households with children in Anchorage and 70,535 households without children. On average, about 2.66 people live in a household in Anchorage, AK. The median income of a Anchorage household living in Anchorage is $84,813 per year. The median housing costs per month are $1,508.

Anchorage, AK Education Statistics

The level of education of the population of Anchorage, AK is as follows: 2% have no high school education, 30% completed some high school, 29% partially completed college, 8% have an Associate Degree, 20% have a Bachelor Degree, and 12% have a Graduate Degree.

Renting in Anchorage, AK

Most homes in Anchorage are older due to the lack of usable land, and the best living spots are located around the downtown area. Anchorage’s southern and western parts feature bigger single-family homes spread on large lots, while the northern neighborhoods have more multifamily properties. Most rental properties in Anchorage are located in Downtown and Northeast Anchorage. The Downtown area is the most popular among renters, with a mix of rental apartments, condos and older homes built during the 1950s and 1960s. Renting in this area puts you at walking distance from shops, restaurants and other amenities, as well as The Alaska Railroad Depot. The Northeast Anchorage neighborhood is a quieter area with multiple natural spots and parks in its vicinity, but renters are still close to big-box stores and lifestyle necessities. Rents tend to be higher in Anchorage compared to other U.S. cities of similar size, but they usually include utilities, which are higher in Alaska due to the cold weather. Alaska doesn’t mandate having renters’ insurance, although your landlord may require it.

Most Expensive Rental
Admirals Cove $1,925 - $2,880
Least Expensive Rental
Loussac Sogn $600 - $625

RentCafe is your one-stop shop for finding a great new apartment in Anchorage, AK. Easily search through a wide selection of apartments for rent in Anchorage, AK, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Anchorage, AK apartments with rents starting from $990 and submit your rental application today!

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Apartments for Rent in Anchorage, AK 205 Rentals Available

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