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Homes & Apartments for Rent in Kenai, AK

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What to Know About

Life in Kenai & Beyond

Kenai shares many of the great qualities that make Alaska a desirable place to live.

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

Kenai, AK

As of October 2026, Kenai's rental market is stable, with rentals spending about 21 days on the market, about the same as in Alaska (21), and rents up 4.4% over the past year. Kenai's average rent is 3.3% ($66) lower than the Alaska average of $2,005 and 6.9% ($143) lower than the U.S. average of $2,082.

Average Rent
$1,939
Monthly ChangeMonth Over Month Change
Increased0.01%
Yearly ChangeYear Over Year Change
Increased4.4% ($82)
Days on Market
21
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,246 Decreased0.62% ($8) Decreased2.3% ($30)
2 Beds $1,657 Increased0.37% ($6) Increased5.3% ($83)
3 Beds $2,320 Decreased0.35% ($8) Increased3.4% ($77)
Based on rentals advertised on RentalSource in and around Kenai.
Frequently Asked Questions
Kenai Rental Market FAQs

Explore rental prices, market conditions, and affordability in Kenai, AK.

The average rent in Kenai, AK is about $1,939 per month.
In Kenai, the average rent is about $1,246 per month for a 1-bedroom home, about $1,657 for a 2-bedroom home and about $2,320 for a 3-bedroom home.
The average rent in Kenai is 6.9% ($143) lower than the national average of $2,082 per month.
The rental market in Kenai, AK is currently stable, with rentals spending about 21 days on the market, about the same as in Alaska (21), and rents up 4.4% over the past year.
Based on the current averages, a household would need an annual income of about $66,300 to comfortably afford a 2-bedroom home in Kenai.
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