Anchorage, AK Rental Market Trends

Highlights

The average rent for an apartment in Anchorage is $1,028, a 1% increase compared to the previous year.

Average Rent in Anchorage, AK

Last updated November 2019

Average Rent	Y-o-Y Change	Average Apartment Size
$1,028	1%	697 sq. ft.

The average size for a Anchorage, AK apartment is 697 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-$7003%
$701-$1,00054%
$1,001-$1,50039%
$1,501-$2,0005%

Anchorage, AK Occupied Housing Units

Renter-occupied Households33%
Owner-occupied Households66%

35,255 or 33% of the households in Anchorage, AK are renter-occupied while 70,757 or 66% are owner-occupied.

Anchorage, AK Rent Trends

Average Rent	Mar / 2017	Jul / 2017	Nov / 2017	Mar / 2018	Jul / 2018	Nov / 2018	Mar / 2019	Jul / 2019	Nov / 2019
Anchorage, AK					$1,022	$1,016	$1,030	$1,029	$1,028
National	$1,347	$1,379	$1,381	$1,384	$1,420	$1,429	$1,433	$1,469	$1,473

Average Rent in Anchorage, AK By Neighborhood

Neighborhood	Average Rent
Sunbeam	$909
Spenard Acres	$909
Irey - Ryan	$909
Calais	$909
Blueberry Lake - Northern Lights	$909
Thompson	$910
Ship Creek Crossing	$911
Port Of Anchorage	$911
Northpointe Bluff - Hollywood Vista	$911
North Anchorage	$911
Merrill Field	$911
Eastchester	$911
Downtown Anchorage	$911
Anchorage Industrial Park	$911
Alaska Industrial	$911
Romig Park	$914
Northstar - Sisterhood Park	$914
Martin - Aurora Village	$914
South Addition	$915
Woronzof West - Satellite Park	$930
Woodland Park	$930
Wagner Estates - Turnagain South	$930
Turnagain Heights	$930
Simonson Homestead - Telaquana Heights	$930
Simonson Estates	$930
Roosevelt Park	$930
Mc Rae	$930
Lingo	$930
Lincoln Park	$930
Lake Spenard Park	$930
Kirchner	$930
Huntington Park	$930
Green Valley - Broodmoor Estates	$930
Conroy	$930
Columbia Park	$930
Broadmoor Estates	$930
Lampert	$955
Rogers Park - Woodside East	$973
Mountain View	$973
Fairview	$973
Windemere	$974
Midtown Anchorage	$974
Spenard Lake Area	$992
Bentzen	$992
Wonder Park	$1,049
University Lake	$1,049
Russian Jack Springs	$1,049
Russian Jack	$1,049
Providence - Chester Creek	$1,049
Penland Park	$1,049
Lawrence	$1,049
Grandview Gardens - Thunderbird Terrace	$1,049
Goose Lake	$1,049
Geneva Woods - Green Acres	$1,049
Collegegate	$1,049
College Village	$1,049
Castle Heights	$1,049
Athenian Village	$1,067
Woodbourne - Clearview	$1,082
Winchester Heights	$1,082
Williamson - Springhills Estates	$1,082
Wickersham Park	$1,082
White Hawk	$1,082
Tudor Municipal Campus	$1,082
Tanglewood - Bruin Park	$1,082
Tamaron - Granite View	$1,082
Simonian	$1,082
Shelikof - Galatea	$1,082
Save	$1,082
Rockhill - Valli Vue Estates	$1,082
Prospect Heights	$1,082
Pleasure View	$1,082
O'Brien - Wolf Creek	$1,082
John Wells - Shady Acres	$1,082
Independence Park	$1,082
Hillside North	$1,082
Hillcrest	$1,082
Fyfe	$1,082
Far North Bicentennial Park	$1,082
Dowling	$1,082
Chugach Meadows - Abbott Loop Manor	$1,082
Chugach Estates	$1,082
Campbell Heights	$1,082
Campbell Airstrip Airport	$1,082
Anchorage Golf Course	$1,082
Abbott Road	$1,082
Woronzof Tracts	$1,097
Woronzof South	$1,097
Windsor Village - Woodland Lakes	$1,097
Wildwood - Ascot Village	$1,097
Whispering Pines	$1,097
Westpark	$1,097
Turnagain	$1,097
Terrace On The Lake	$1,097
Ted Stevens Anchorage Airport	$1,097
Tanaina Hills - Muirwood Park	$1,097
Strawberry Meadows	$1,097
Sportmen's Point - Rolling Hills Estates	$1,097
Spenard Heights	$1,097
Skyhills	$1,097
Shady Birch - Aurora Heights	$1,097
Seaview Heights	$1,097
Seacliff - Lancaster	$1,097
Sand Lake	$1,097
Machenfeld	$1,097
Little Campbell Lake	$1,097
Lakeridge	$1,097
Lakehurst	$1,097
Jewel Lake	$1,097
Highgate - Southwood Park	$1,097
Hathor - Dimond Birch	$1,097
Hansen Sand Lake - Shady Birch Terrace	$1,097
Earthquake Park	$1,097
Country Lane Estates - Tanaina Valley	$1,097
Connor's Lake	$1,097
Clairborne - Village Green	$1,097
Brentwood - Victoria Park	$1,097
Baker - Cambrian Park	$1,097
Alderwood - Mc Gill	$1,097
Eastlake	$1,101
Towne East	$1,158
The Foothills	$1,158
Shady Lane - Indian Hills	$1,158
Scenic Park Estates	$1,158
Nunaka Valley	$1,158
Kobuk - Brookridge	$1,158
Kluane Terrace Trailer Estates	$1,158
Jelinek Heights	$1,158
Huntwood Park - Debarr Vista	$1,158
Foxhall	$1,158
Elmrich	$1,158
Creekside Park	$1,158
Creekside - The Alaska Village	$1,158
Collegegate East	$1,158
Chugach Foothills	$1,158
Chester Heights	$1,158
Century Village - Kensington Park	$1,158
Bonibrook	$1,158
Campbell Woods	$1,218
Campbell Lake Heights	$1,218
Bruce - Emerald Hills	$1,218
International East	$1,235
Sherwood Acres	$1,423
Rovenna Park	$1,423
Pierce	$1,423
Graham - Westgate Park	$1,423
Dowling - Hollowbrook	$1,423
Denali Industrial Park	$1,423
Aurora - Campbell Green	$1,423
Campbell Glen	$1,434
Bella Vista	$1,434
Turnagain Industrial Park	$1,450
Tunagain Park	$1,450
Sunset Manor	$1,450
Sunset Hills	$1,450
State Manor - Hamilton Park	$1,450
Sperstad	$1,450
Southport - Seclusion Bay	$1,450
Skyway Park Estates	$1,450
Simpson Tracts	$1,450
Seascape	$1,450
Resolution Pointe	$1,450
Poggas - Colonial Manor	$1,450
Olympus - Stonegate Townhouse	$1,450
Oceanview North	$1,450
Oceanview	$1,450
Norton Park	$1,450
Mindoro - Hillcrest Park	$1,450
Maui Industrial Park	$1,450
Laurel Acres	$1,450
Johns Park Estates	$1,450
Huffman Business Park	$1,450
Hidden Cove	$1,450
Discovery Heights	$1,450
Crestview Village - Madigan Place	$1,450
Concord Hill	$1,450
Calaska Industrial Park	$1,450
Bayshore West	$1,450
Angelus Memorial Park - Highland	$1,450

The most affordable neighborhoods in Anchorage are Blueberry Lake - Northern Lights, where the average rent goes for $909/month, Calais, where renters pay $909/mo on average, and Irey - Ryan, where the average rent goes for $909/mo. If you’re looking for other great deals, check out the listings from Spenard Acres ($909), Sunbeam ($909), and Thompson ($910), where the asking prices are below the average Anchorage rent of $1,028/mo.

The most expensive neighborhoods in Anchorage are Sunset Manor ($1,450), Tunagain Park ($1,450) and Turnagain Industrial Park ($1,450).

The most popular neighborhood in Anchorage is Downtown Anchorage, where there are 10 verified RENTCafé listings with an average rent of $911. Next up is Athenian Village, where apartments go for $1,067/month, followed by Fyfe with $1,082 If you’re looking to rent in Anchorage’s most popular neighborhoods, make sure to also check out Mindoro - Hillcrest Park, where renters pay $1,450 on average, and Towne East, where the average monthly rent is $1,158.

Anchorage | Rent Comparison by Neighborhood

Rent in Abbott Road is 19% higher than in Alaska Industrial

$1,082

Abbott Road rent is 5% higher than Anchorage average

Average Rent	$1,082

$911

Alaska Industrial rent is 11% lower than Anchorage average

Average Rent	$911

How Anchorage Compares to Other Cities

	Average Rent	Y-o-Y Change
Anchorage	$1,028	1%
Wasilla	$923	n/a
Eagle River	$1,112	n/a

For more information about the Anchorage rental trends, check out our monthly rent report

Check out Alaska Cities, Alaska Neighborhoods and Alaska Zip Codes for more details on verified listings, including the Alaska Average Rent.

Curious about listings in your area? Check out our apartments near you for more details!

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Anchorage apartment buildings 50 units or larger. Yardi Matrix covers ~90% of the U.S. metro area population, including ~17 million apartments across more than 130 U.S. markets.