Anchorage, AK Rental Market Trends
What is the average rent in Anchorage?
The average rent for an apartment in Anchorage is $1,491. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Anchorage, AK
Last updated June 2025
| Average Rent | Average Apartment Size |
|---|---|
| $1,491 | 703 sq. ft. |
What is the average apartment size in Anchorage?
The average size for a Anchorage, AK apartment is 703 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Anchorage, AK apartment rent ranges
Anchorage, AK Occupied Housing Units
39,117 or 36% of the households in Anchorage, AK are renter-occupied while 68,751 or 64% are owner-occupied.
Anchorage, AK rent trends
Average Rent in Anchorage, AK By Neighborhood
| City | Average Rent |
|---|---|
| Towne East | $2,090 |
| Campbell Glen | $1,972 |
| Chugach Meadows - Abbott Loop Manor | $1,757 |
| Creekside Park | $1,647 |
| Fyfe | $1,614 |
| Thompson | $1,442 |
| Downtown Anchorage | $1,387 |
| Midtown Anchorage | $1,342 |
| Athenian Village | $1,338 |
| Independence Park | $1,288 |
| Blueberry Lake - Northern Lights | $1,115 |
| Northpointe Bluff - Hollywood Vista | $1,074 |
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What are the most affordable neighborhoods in Anchorage?
The most affordable neighborhoods in Anchorage are Northpointe Bluff - Hollywood Vista, where the average rent goes for $1,074/month, Blueberry Lake - Northern Lights, where renters pay $1,115/mo on average, and Independence Park, where the average rent goes for $1,288/mo. If you’re looking for other great deals, check out the listings from Athenian Village ($1,338), Midtown Anchorage ($1,342), and Downtown Anchorage ($1,387), where the asking prices are below the average Anchorage rent of $1,491/mo.
What are the most expensive neighborhoods in Anchorage?
The most expensive neighborhoods in Anchorage are Chugach Meadows - Abbott Loop Manor ($1,757), Campbell Glen ($1,972) and Towne East ($2,090).
What are the most popular neighborhoods in Anchorage?
The most popular neighborhood in Anchorage is Downtown Anchorage, where there are 19 listings with an average rent of $1,387. Next up is Athenian Village, where apartments go for $1,338/month, followed by Midtown Anchorage with $1,342 If you’re looking to rent in Anchorage’s most popular neighborhoods, make sure to also check out Towne East, where renters pay $2,090 on average, and Fyfe, where the average monthly rent is $1,614.
Anchorage | Rent Comparison by Neighborhood
Rent in Athenian Village is 20% higher than in Blueberry Lake - Northern Lights
$1,338
Athenian Village rent is 10% lower than Anchorage average
Average Rent
$1,338
$1,115
Blueberry Lake - Northern Lights rent is 25% lower than Anchorage average
Average Rent
$1,115
How Anchorage Compares to Other Cities
| State | Average Rent |
|---|---|
| Anchorage | $1,491 |
| Eagle River | $1,758 |
What is the average price for a storage unit in Anchorage?
The average rent for a non-climate-controlled 10'x10' storage unit in Anchorage is $269.88. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Anchorage
Conifer Grove
218 Mccarrey Street, Anchorage, AK 99508| STUDIO | N/A |
| 1 BED | $1,346 |
| 2 BEDS | $1,410+ |
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The Club At Eagle Point
5640 Lake Otis Parkway, Anchorage, AK 99507| 1 BED | $1,290+ |
La Maisonnette
1340 W 26Th Ave, Anchorage, AK 99503| 1 BED | $1,480+ |
| 2 BEDS | $1,705 |
Brighton Park
360 Bragaw St, Anchorage, AK 99508| 3 BEDS | $1,949 |