Anchorage, AK Rental Market Trends

What is the average rent in Anchorage?

The average rent for an apartment in Anchorage is $1,389. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Anchorage, AK

Last updated July 2023

Average Rent	Average Apartment Size
$1,389	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

39,600 or 37% of the households in Anchorage, AK are renter-occupied while 67,095 or 63% are owner-occupied.

Anchorage, AK rent trends

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Anchorage, AK By Neighborhood

Neighborhood	Average Rent
Angelus Memorial Park - Highland	$1,750
Bayshore West	$1,750
Calaska Industrial Park	$1,750
Concord Hill	$1,750
Crestview Village - Madigan Place	$1,750
Discovery Heights	$1,750
Hidden Cove	$1,750
Huffman Business Park	$1,750
Johns Park Estates	$1,750
Laurel Acres	$1,750
Maui Industrial Park	$1,750
Mindoro - Hillcrest Park	$1,750
Norton Park	$1,750
Oceanview	$1,750
Oceanview North	$1,750
Olympus - Stonegate Townhouse	$1,750
Poggas - Colonial Manor	$1,750
Resolution Pointe	$1,750
Seascape	$1,750
Simpson Tracts	$1,750
Skyway Park Estates	$1,750
Southport - Seclusion Bay	$1,750
Sperstad	$1,750
State Manor - Hamilton Park	$1,750
Sunset Hills	$1,750
Sunset Manor	$1,750
Tunagain Park	$1,750
Turnagain Industrial Park	$1,750
Bella Vista	$1,745
Campbell Glen	$1,745
Aurora - Campbell Green	$1,742
Denali Industrial Park	$1,742
Dowling - Hollowbrook	$1,742
Graham - Westgate Park	$1,742
Pierce	$1,742
Rovenna Park	$1,742
Sherwood Acres	$1,742
Bonibrook	$1,651
Century Village - Kensington Park	$1,651
Chester Heights	$1,651
Chugach Foothills	$1,651
Collegegate East	$1,651
Creekside - The Alaska Village	$1,651
Creekside Park	$1,651
Elmrich	$1,651
Foxhall	$1,651
Huntwood Park - Debarr Vista	$1,651
Jelinek Heights	$1,651
Kluane Terrace Trailer Estates	$1,651
Kobuk - Brookridge	$1,651
Nunaka Valley	$1,651
Scenic Park Estates	$1,651
Shady Lane - Indian Hills	$1,651
The Foothills	$1,651
Towne East	$1,651
International East	$1,631
Bruce - Emerald Hills	$1,619
Campbell Lake Heights	$1,619
Campbell Woods	$1,619
Eastlake	$1,553
Alderwood - Mc Gill	$1,550
Baker - Cambrian Park	$1,550
Brentwood - Victoria Park	$1,550
Clairborne - Village Green	$1,550
Connor's Lake	$1,550
Country Lane Estates - Tanaina Valley	$1,550
Earthquake Park	$1,550
Hansen Sand Lake - Shady Birch Terrace	$1,550
Hathor - Dimond Birch	$1,550
Highgate - Southwood Park	$1,550
Jewel Lake	$1,550
Lakehurst	$1,550
Lakeridge	$1,550
Little Campbell Lake	$1,550
Machenfeld	$1,550
Sand Lake	$1,550
Seacliff - Lancaster	$1,550
Seaview Heights	$1,550
Shady Birch - Aurora Heights	$1,550
Skyhills	$1,550
Spenard Heights	$1,550
Sportmen's Point - Rolling Hills Estates	$1,550
Strawberry Meadows	$1,550
Tanaina Hills - Muirwood Park	$1,550
Ted Stevens Anchorage Airport	$1,550
Terrace On The Lake	$1,550
Turnagain	$1,550
Westpark	$1,550
Whispering Pines	$1,550
Wildwood - Ascot Village	$1,550
Windsor Village - Woodland Lakes	$1,550
Woronzof South	$1,550
Woronzof Tracts	$1,550
Abbott Road	$1,507
Anchorage Golf Course	$1,507
Campbell Airstrip Airport	$1,507
Campbell Heights	$1,507
Chugach Estates	$1,507
Chugach Meadows - Abbott Loop Manor	$1,507
Dowling	$1,507
Far North Bicentennial Park	$1,507
Fyfe	$1,507
Hillcrest	$1,507
Hillside North	$1,507
Independence Park	$1,507
John Wells - Shady Acres	$1,507
O'Brien - Wolf Creek	$1,507
Pleasure View	$1,507
Prospect Heights	$1,507
Rockhill - Valli Vue Estates	$1,507
Save	$1,507
Shelikof - Galatea	$1,507
Simonian	$1,507
Tamaron - Granite View	$1,507
Tanglewood - Bruin Park	$1,507
Tudor Municipal Campus	$1,507
White Hawk	$1,507
Wickersham Park	$1,507
Williamson - Springhills Estates	$1,507
Winchester Heights	$1,507
Woodbourne - Clearview	$1,507
Athenian Village	$1,463
Bentzen	$1,434
Spenard Lake Area	$1,434
Castle Heights	$1,412
College Village	$1,412
Collegegate	$1,412
Geneva Woods - Green Acres	$1,412
Goose Lake	$1,412
Grandview Gardens - Thunderbird Terrace	$1,412
Lawrence	$1,412
Penland Park	$1,412
Providence - Chester Creek	$1,412
Russian Jack	$1,412
Russian Jack Springs	$1,412
University Lake	$1,412
Wonder Park	$1,412
Broadmoor Estates	$1,365
Columbia Park	$1,365
Conroy	$1,365
Green Valley - Broodmoor Estates	$1,365
Huntington Park	$1,365
Kirchner	$1,365
Lake Spenard Park	$1,365
Lincoln Park	$1,365
Lingo	$1,365
Mc Rae	$1,365
Roosevelt Park	$1,365
Simonson Estates	$1,365
Simonson Homestead - Telaquana Heights	$1,365
Turnagain Heights	$1,365
Wagner Estates - Turnagain South	$1,365
Woodland Park	$1,365
Woronzof West - Satellite Park	$1,365
Midtown Anchorage	$1,336
Windemere	$1,336
Martin - Aurora Village	$1,294
Northstar - Sisterhood Park	$1,294
Romig Park	$1,294
Blueberry Lake - Northern Lights	$1,265
Calais	$1,265
Irey - Ryan	$1,265
Spenard Acres	$1,265
Sunbeam	$1,265
Lampert	$1,264
Fairview	$1,263
Mountain View	$1,263
Rogers Park - Woodside East	$1,263
Thompson	$1,189
South Addition	$1,186
Alaska Industrial	$1,147
Anchorage Industrial Park	$1,147
Downtown Anchorage	$1,147
Eastchester	$1,147
Merrill Field	$1,147
North Anchorage	$1,147
Northpointe Bluff - Hollywood Vista	$1,147
Port Of Anchorage	$1,147
Ship Creek Crossing	$1,147

What are the most affordable neighborhoods in Anchorage?

The most affordable neighborhoods in Anchorage are Alaska Industrial, where the average rent goes for $1,147/month, Anchorage Industrial Park, where renters pay $1,147/mo on average, and Downtown Anchorage, where the average rent goes for $1,147/mo. If you’re looking for other great deals, check out the listings from Eastchester ($1,147), Merrill Field ($1,147), and North Anchorage ($1,147), where the asking prices are below the average Anchorage rent of $1,389/mo.

What are the most expensive neighborhoods in Anchorage?

The most expensive neighborhoods in Anchorage are Sunset Manor ($1,750), Tunagain Park ($1,750) and Turnagain Industrial Park ($1,750).

What are the most popular neighborhoods in Anchorage?

The most popular neighborhood in Anchorage is Downtown Anchorage, where there are 16 listings with an average rent of $1,147. Next up is Independence Park, where apartments go for $1,507/month, followed by Athenian Village with $1,463 If you’re looking to rent in Anchorage’s most popular neighborhoods, make sure to also check out Midtown Anchorage, where renters pay $1,336 on average, and Fyfe, where the average monthly rent is $1,507.

Anchorage | Rent Comparison by Neighborhood

Rent in Abbott Road is 31% higher than in Alaska Industrial

$1,507

Abbott Road rent is 8% higher than Anchorage average

Average Rent	$1,507

$1,147

Alaska Industrial rent is 17% lower than Anchorage average

Average Rent	$1,147

How Anchorage Compares to Other Cities

City	Average Rent
Anchorage	$1,389
Wasilla	$1,344
Eagle River	$1,563

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 $212.96. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.