Anchorage, AK Rental Market Trends
What is the average rent in Anchorage?
The average rent for an apartment in Anchorage is $1,080, a 4% increase compared to the previous year.
Average Rent in Anchorage, AK
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,080 | 4% | 702 sq. ft. |
What is the average apartment size in Anchorage?
The average size for a Anchorage, AK apartment is 702 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
- $501-$7002%
- $701-$1,00045%
- $1,001-$1,50045%
- $1,501-$2,0007%
Anchorage, AK Occupied Housing Units
- Renter-occupied Households35%
- Owner-occupied Households64%
37,924 or 35% of the households in Anchorage, AK are renter-occupied while 68,643 or 64% are owner-occupied.
Anchorage, AK Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | May / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Anchorage, AK | $1,022 | $1,016 | $1,030 | $1,029 | $1,028 | $1,047 | $1,043 | $1,053 | $1,064 | $1,080 | |
| National | $1,314 | $1,345 | $1,354 | $1,358 | $1,390 | $1,397 | $1,400 | $1,392 | $1,396 | $1,407 | $1,428 |
Average Rent in Anchorage, AK By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Angelus Memorial Park - Highland | $1,579 |
| Bayshore West | $1,579 |
| Calaska Industrial Park | $1,579 |
| Concord Hill | $1,579 |
| Crestview Village - Madigan Place | $1,579 |
| Discovery Heights | $1,579 |
| Hidden Cove | $1,579 |
| Huffman Business Park | $1,579 |
| Johns Park Estates | $1,579 |
| Laurel Acres | $1,579 |
| Maui Industrial Park | $1,579 |
| Mindoro - Hillcrest Park | $1,579 |
| Norton Park | $1,579 |
| Oceanview | $1,579 |
| Oceanview North | $1,579 |
| Olympus - Stonegate Townhouse | $1,579 |
| Poggas - Colonial Manor | $1,579 |
| Resolution Pointe | $1,579 |
| Seascape | $1,579 |
| Simpson Tracts | $1,579 |
| Skyway Park Estates | $1,579 |
| Southport - Seclusion Bay | $1,579 |
| Sperstad | $1,579 |
| State Manor - Hamilton Park | $1,579 |
| Sunset Hills | $1,579 |
| Sunset Manor | $1,579 |
| Tunagain Park | $1,579 |
| Turnagain Industrial Park | $1,579 |
| Bella Vista | $1,453 |
| Campbell Glen | $1,453 |
| Aurora - Campbell Green | $1,363 |
| Denali Industrial Park | $1,363 |
| Dowling - Hollowbrook | $1,363 |
| Graham - Westgate Park | $1,363 |
| Pierce | $1,363 |
| Rovenna Park | $1,363 |
| Sherwood Acres | $1,363 |
| Bonibrook | $1,297 |
| Century Village - Kensington Park | $1,297 |
| Chester Heights | $1,297 |
| Chugach Foothills | $1,297 |
| Collegegate East | $1,297 |
| Creekside - The Alaska Village | $1,297 |
| Creekside Park | $1,297 |
| Elmrich | $1,297 |
| Foxhall | $1,297 |
| Huntwood Park - Debarr Vista | $1,297 |
| Jelinek Heights | $1,297 |
| Kluane Terrace Trailer Estates | $1,297 |
| Kobuk - Brookridge | $1,297 |
| Nunaka Valley | $1,297 |
| Scenic Park Estates | $1,297 |
| Shady Lane - Indian Hills | $1,297 |
| The Foothills | $1,297 |
| Towne East | $1,297 |
| Bruce - Emerald Hills | $1,253 |
| Campbell Lake Heights | $1,253 |
| Campbell Woods | $1,253 |
| International East | $1,201 |
| Eastlake | $1,161 |
| Abbott Road | $1,114 |
| Anchorage Golf Course | $1,114 |
| Campbell Airstrip Airport | $1,114 |
| Campbell Heights | $1,114 |
| Chugach Estates | $1,114 |
| Chugach Meadows - Abbott Loop Manor | $1,114 |
| Dowling | $1,114 |
| Far North Bicentennial Park | $1,114 |
| Fyfe | $1,114 |
| Hillcrest | $1,114 |
| Hillside North | $1,114 |
| Independence Park | $1,114 |
| John Wells - Shady Acres | $1,114 |
| O'Brien - Wolf Creek | $1,114 |
| Pleasure View | $1,114 |
| Prospect Heights | $1,114 |
| Rockhill - Valli Vue Estates | $1,114 |
| Save | $1,114 |
| Shelikof - Galatea | $1,114 |
| Simonian | $1,114 |
| Tamaron - Granite View | $1,114 |
| Tanglewood - Bruin Park | $1,114 |
| Tudor Municipal Campus | $1,114 |
| White Hawk | $1,114 |
| Wickersham Park | $1,114 |
| Williamson - Springhills Estates | $1,114 |
| Winchester Heights | $1,114 |
| Woodbourne - Clearview | $1,114 |
| Athenian Village | $1,100 |
| Castle Heights | $1,084 |
| College Village | $1,084 |
| Collegegate | $1,084 |
| Geneva Woods - Green Acres | $1,084 |
| Goose Lake | $1,084 |
| Grandview Gardens - Thunderbird Terrace | $1,084 |
| Lawrence | $1,084 |
| Penland Park | $1,084 |
| Providence - Chester Creek | $1,084 |
| Russian Jack | $1,084 |
| Russian Jack Springs | $1,084 |
| University Lake | $1,084 |
| Wonder Park | $1,084 |
| Alderwood - Mc Gill | $1,083 |
| Baker - Cambrian Park | $1,083 |
| Brentwood - Victoria Park | $1,083 |
| Clairborne - Village Green | $1,083 |
| Connor's Lake | $1,083 |
| Country Lane Estates - Tanaina Valley | $1,083 |
| Earthquake Park | $1,083 |
| Hansen Sand Lake - Shady Birch Terrace | $1,083 |
| Hathor - Dimond Birch | $1,083 |
| Highgate - Southwood Park | $1,083 |
| Jewel Lake | $1,083 |
| Lakehurst | $1,083 |
| Lakeridge | $1,083 |
| Little Campbell Lake | $1,083 |
| Machenfeld | $1,083 |
| Sand Lake | $1,083 |
| Seacliff - Lancaster | $1,083 |
| Seaview Heights | $1,083 |
| Shady Birch - Aurora Heights | $1,083 |
| Skyhills | $1,083 |
| Spenard Heights | $1,083 |
| Sportmen's Point - Rolling Hills Estates | $1,083 |
| Strawberry Meadows | $1,083 |
| Tanaina Hills - Muirwood Park | $1,083 |
| Ted Stevens Anchorage Airport | $1,083 |
| Terrace On The Lake | $1,083 |
| Turnagain | $1,083 |
| Westpark | $1,083 |
| Whispering Pines | $1,083 |
| Wildwood - Ascot Village | $1,083 |
| Windsor Village - Woodland Lakes | $1,083 |
| Woronzof South | $1,083 |
| Woronzof Tracts | $1,083 |
| Bentzen | $1,044 |
| Spenard Lake Area | $1,044 |
| Broadmoor Estates | $1,021 |
| Columbia Park | $1,021 |
| Conroy | $1,021 |
| Green Valley - Broodmoor Estates | $1,021 |
| Huntington Park | $1,021 |
| Kirchner | $1,021 |
| Lake Spenard Park | $1,021 |
| Lincoln Park | $1,021 |
| Lingo | $1,021 |
| Mc Rae | $1,021 |
| Roosevelt Park | $1,021 |
| Simonson Estates | $1,021 |
| Simonson Homestead - Telaquana Heights | $1,021 |
| Turnagain Heights | $1,021 |
| Wagner Estates - Turnagain South | $1,021 |
| Woodland Park | $1,021 |
| Woronzof West - Satellite Park | $1,021 |
| Fairview | $1,010 |
| Mountain View | $1,010 |
| Rogers Park - Woodside East | $1,010 |
| Midtown Anchorage | $994 |
| Windemere | $994 |
| Lampert | $992 |
| South Addition | $965 |
| Martin - Aurora Village | $961 |
| Northstar - Sisterhood Park | $961 |
| Romig Park | $961 |
| Alaska Industrial | $953 |
| Anchorage Industrial Park | $953 |
| Downtown Anchorage | $953 |
| Eastchester | $953 |
| Merrill Field | $953 |
| North Anchorage | $953 |
| Northpointe Bluff - Hollywood Vista | $953 |
| Port Of Anchorage | $953 |
| Ship Creek Crossing | $953 |
| Thompson | $948 |
| Blueberry Lake - Northern Lights | $941 |
| Calais | $941 |
| Irey - Ryan | $941 |
| Spenard Acres | $941 |
| Sunbeam | $941 |
What are the most affordable neighborhoods in Anchorage?
The most affordable neighborhoods in Anchorage are Blueberry Lake - Northern Lights, where the average rent goes for $941/month, Calais, where renters pay $941/mo on average, and Irey - Ryan, where the average rent goes for $941/mo. If you’re looking for other great deals, check out the listings from Spenard Acres ($941), Sunbeam ($941), and Thompson ($948), where the asking prices are below the average Anchorage rent of $1,080/mo.
What are the most expensive neighborhoods in Anchorage?
The most expensive neighborhoods in Anchorage are Sunset Manor ($1,579), Tunagain Park ($1,579) and Turnagain Industrial Park ($1,579).
What are the most popular neighborhoods in Anchorage?
The most popular neighborhood in Anchorage is Downtown Anchorage, where there are 8 verified RENTCafé listings with an average rent of $953. Next up is Athenian Village, where apartments go for $1,100/month, followed by Fyfe with $1,114 If you’re looking to rent in Anchorage’s most popular neighborhoods, make sure to also check out Towne East, where renters pay $1,297 on average, and Blueberry Lake - Northern Lights, where the average monthly rent is $941.
Anchorage | Rent Comparison by Neighborhood
Rent in Abbott Road is 17% higher than in Alaska Industrial
Abbott Road rent is 3% higher than Anchorage average
| Average Rent | $1,114 |
|---|
Alaska Industrial rent is 12% lower than Anchorage average
| Average Rent | $953 |
|---|
How Anchorage Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Anchorage | $1,080 | 4% |
| Wasilla | $929 | 1% |
| Eagle River | $1,202 | 3% |