Renter Resources
Don't Sign the Lease Until You Understand These Clauses
One word in your lease can cost you hundreds or save you from a nightmare. Here's how to turn legalese into clear decisions before you sign.
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What to Know About
Living in Alaska
Alaska is the largest state in the United States and is known for its natural beauty, rugged coastline, and wildlife. Learn about the state's rich history and traditions by visiting museums like the Anchorage Museum at Rasmuson Center and the Alaska Native Heritage Center, or pursue higher education at universities like the University of Alaska, Alaska Pacific University, and the University of Fairbanks. A diverse mix of industries, including oil, tourism, and fishing, drives Alaska's economy.
As a state known for its rugged wilderness and abundant wildlife, Alaska offers incredible opportunities for outdoor enthusiasts. From exploring glaciers and fjords to hunting and fishing in the vast wilderness, there's something for everyone. For sports fans, Alaska offers a range of exciting outdoor activities, including skiing, snowboarding, and ice hockey. Be sure to explore famous attractions like Denali National Park and Preserve, Kenai Fjords National Park, Chugach State Park, and the city of Juneau.
With its stunning natural beauty and strong economy, Alaska is a great place to live for those who enjoy outdoor recreation and a unique northern experience.
Rental Market Trends
Alaska
As of August 2025, Alaska's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Alaska's average rent is 4.5% ($80) lower than the U.S. average of $1,790.
Average Rent
$1,710
Monthly ChangeMonth Over Month Change
8.5% ($134)
Yearly ChangeYear Over Year Change
0.9% ($16)
Avg. Days on MarketAverage Days on Market
40
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,253 | 1.9% ($23) | 7.8% ($91) |
| 2 Beds | $1,566 | 5.7% ($84) | 2.1% ($32) |
| 3 Beds | $2,170 | 2.7% ($57) | 1.6% ($36) |
| Top Markets in Alaska | Average Rent | Avg. Rent vs. AKAverage Rent vs. Alaska | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Anchorage | $1,633 | 4.5% ($77) | 30 days |
| Wasilla | $1,733 | 1.3% ($23) | 40 days |
| Fairbanks | $1,618 | 5.4% ($92) | 19 days |
| North Pole | $1,955 | 14.3% ($245) | 40 days |
| Soldotna | $1,378 | 19.4% ($332) | 44 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Alaska Rental Market FAQs
Explore rental prices, market trends, and availability in Alaska.
The average rent in Alaska is $1,710 per month.
Apartments in Alaska typically rent for between $877 and $2,821 per month, with an average of $1,710 per month.
In Alaska, the average rent for a 1-bedroom apartment is $1,253 per month, for a 2-bedroom apartment, $1,566 per month, and a 3-bedroom apartment is $2,170 per month.
The average rent in Alaska is 4.5% ($80) lower than the national average of $1,790 per month.
The average rent in Alaska has increased by 8.5% ($134) in the last month and decreased by 0.9% ($16) over the past year.
The rental market in Alaska, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Alaska, the average rental stays on the market for approximately 40 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
Based on the current averages, a household would need an annual income of $62,640 to comfortably afford a 2-bedroom apartment in Alaska.
