Homes & Apartments for Rent in Kenai Peninsula County, AK

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What to Know About

Life in Kenai Peninsula County & Beyond

Kenai Peninsula County 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 Peninsula County, AK

As of May 2026, Kenai Peninsula County's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Kenai Peninsula County's average rent is 2.8% ($47) higher than the Alaska average of $1,697 and 2.5% ($45) lower than the U.S. average of $1,789.

Average Rent
$1,744
Monthly ChangeMonth Over Month Change
Increased5.2% ($86)
Yearly ChangeYear Over Year Change
Increased15.1% ($229)
Avg. Days on MarketAverage Days on Market
42
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,300 Increased9.3% ($111) Increased35.8% ($343)
2 Beds $1,789 Decreased1.9% ($34) Increased39% ($502)
3 Beds $2,172 Decreased2.9% ($65) Increased28.7% ($484)
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Kenai Peninsula County Rental Market FAQs

Explore rental prices, market trends, and availability in Kenai Peninsula County, AK.

The average rent in Kenai Peninsula County, AK is $1,744 per month.
Homes in Kenai Peninsula County typically rent for between $910 and $2,824 per month, with an average of $1,744 per month.
In Kenai Peninsula County, the average rent for a 1-bedroom home is $1,300 per month, for a 2-bedroom home, $1,789 per month, and a 3-bedroom home is $2,172 per month.
The average rent in Kenai Peninsula County is 2.5% ($45) lower than the national average of $1,789 per month.
The average rent in Kenai Peninsula County has increased by 5.2% ($86) in the last month and increased by 15.1% ($229) over the past year.
The rental market in Kenai Peninsula County, AK, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Kenai Peninsula County, AK, the average rental stays on the market for approximately 42 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 4 rental properties available in Kenai Peninsula County, AK.
Based on the current averages, a household would need an annual income of $71,560 to comfortably afford a 2-bedroom home in Kenai Peninsula County.
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