Homes for Rent in Sterling, AK

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What to Know About

Life in Sterling & Beyond

Sterling 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 2025, 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 10.2% ($172) lower than the Alaska average of $1,687 and 15.5% ($278) lower than the U.S. average of $1,793.

Average Rent
$1,515
Monthly ChangeMonth Over Month Change
Decreased6.8% ($110)
Yearly ChangeYear Over Year Change
Decreased13.6% ($238)
Avg. Days on MarketAverage Days on Market
42
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $957 Decreased14.2% ($158) Decreased24.5% ($310)
2 Beds $1,287 Decreased9.9% ($141) Decreased23.9% ($405)
3 Beds $1,688 Decreased0.5% ($8) Decreased27.2% ($630)
Cities within Kenai Peninsula County Average Rent Avg. Rent vs. Kenai PeninsulaAverage Rent vs. Kenai Peninsula County Avg. Days on MarketAverage Days on Market
Soldotna $1,541 Increased1.7% ($26) 44 days
Kenai $1,439 Decreased5% ($76) 46 days
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 $1,515 per month.
Homes in Kenai Peninsula County typically rent for between $670 and $2,194 per month, with an average of $1,515 per month.
In Kenai Peninsula County, the average rent for a 1-bedroom home is $957 per month, for a 2-bedroom home, $1,287 per month, and a 3-bedroom home is $1,688 per month.
The average rent in Kenai Peninsula County is 15.5% ($278) lower than the national average of $1,793 per month.
The average rent in Kenai Peninsula County has decreased by 6.8% ($110) in the last month and decreased by 13.6% ($238) 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 16 rental properties available in Kenai Peninsula County, AK.
Based on the current averages, a household would need an annual income of $51,480 to comfortably afford a 2-bedroom home in Kenai Peninsula County.
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