Renter Resources
What Renters Must Photograph Before Moving In
Your landlord just gave you the keys. You're excited to move in, but one thing that could cost you hundreds later is not documenting what's already broken.
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What to Know About
Living in Anchorage, AK
Anchorage, the largest city in Alaska, is surrounded by the beautiful Chugach Mountains and the stunning waters of the Cook Inlet. For culture enthusiasts, Anchorage offers several attractions, such as the Anchorage Museum, the Alaska Native Heritage Center, and the Oscar Anderson House Museum. In addition, the city is home to the University of Alaska Anchorage, Alaska Pacific University, and Charter College, offering a wide range of educational opportunities. Regarding the local economy, Anchorage relies heavily on its oil and gas industry, fishing, and tourism.
Nature enthusiasts can explore Anchorage's many parks and nature preserves, including Chugach State Park, Kincaid Park, and the Tony Knowles Coastal Trail. Additionally, Anchorage offers diverse food, including local and international dishes, fresh seafood, wild game, and craft beer. Throughout the year, Anchorage hosts various events, such as the Anchorage Fur Rendezvous Festival, the Iditarod Trail Sled Dog Race, and the Summer Solstice Festival.
Anchorage is a great place to live for anyone looking for a beautiful natural setting, excellent education opportunities, high-quality healthcare, and a strong and growing economy.
Rental Market Trends
Anchorage, AK
As of June 2025, Anchorage's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Anchorage's average rent is 1.2% ($18) lower than the Alaska average of $1,552 and 14.0% ($250) lower than the U.S. average of $1,784.
Average Rent
$1,534
Monthly ChangeMonth Over Month Change
12% ($210)
Yearly ChangeYear Over Year Change
9.1% ($154)
Avg. Days on MarketAverage Days on Market
30
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,265 | 9.8% ($138) | 5.1% ($61) |
| 2 Beds | $1,502 | 7.7% ($126) | 10.4% ($174) |
| 3 Beds | $2,036 | 2.3% ($45) | 9.2% ($206) |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Anchorage Rental Market FAQs
Explore rental prices, market trends, and availability in Anchorage, AK.
The average rent in Anchorage, AK is $1,534 per month.
Apartments in Anchorage typically rent for between $886 and $2,647 per month, with an average of $1,534 per month.
In Anchorage, the average rent for a 1-bedroom apartment is $1,265 per month, for a 2-bedroom apartment, $1,502 per month, and a 3-bedroom apartment is $2,036 per month.
The average rent in Anchorage is 14% ($250) lower than the national average of $1,784 per month.
The average rent in Anchorage has decreased by 12.0% ($210) in the last month and decreased by 9.1% ($154) over the past year.
The rental market in Anchorage, AK, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Anchorage, AK, the average rental stays on the market for approximately 30 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 84 rental properties available in Anchorage, AK.
Based on the current averages, a household would need an annual income of $60,080 to comfortably afford a 2-bedroom apartment in Anchorage.
