Anchorage, AK Rent Report
Apartments & Houses by Size
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Anchorage, Alaska's largest city and economic hub, offers a diverse rental market shaped by its unique position as a gateway to the Last Frontier. The metro area's rental landscape spans a wide range of options, from compact studio apartments to spacious single-family homes, catering to military personnel, healthcare workers, energy industry professionals, and the many residents drawn to Alaska's unparalleled outdoor lifestyle. Neighborhoods such as Midtown, Downtown, South Anchorage, and Eagle River each carry their own character, providing renters with choices that balance proximity to employment centers, schools, and the natural amenities that define life in this remarkable city.
Apartment rentals in Anchorage start in the low-to-mid four figures for studios and one-bedroom units, with two- and three-bedroom apartments ranging into the mid-$1,000s to upper $2,000s. Single-family houses command a premium across all bedroom categories, with three-bedroom homes typically renting in the upper $2,000s and larger four-plus bedroom properties reaching into the $3,500 range. This spread reflects strong demand for family-sized housing, particularly in suburban corridors offering easy access to parks, trails, and top-rated schools within the Anchorage School District.
The Anchorage rental market is influenced by seasonal dynamics, a relatively limited housing supply, and steady demand driven by Joint Base Elmendorf-Richardson and the regional healthcare and energy sectors. Renters can expect well-maintained properties suited to Alaska's climate, including features like heated garages and energy-efficient construction. Whether seeking an urban apartment near the bustling Midtown corridor or a house in a quieter residential neighborhood, the Anchorage metro area presents a varied and active rental market worth careful exploration.
Anchorage, AK Rent by Property Type & Bedroom Count
Averages, medians, and ranges across recent rental listings
| Property Type | Bedrooms | Average | Median | Min – Max | 25th – 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,215 | $1,160 | $700 – $1,975 | $975 – $1,300 |
| Apartment | 1 Bedroom | $1,366 | $1,303 | $735 – $2,260 | $1,150 – $1,499 |
| Apartment | 2 Bedroom | $1,755 | $1,650 | $648 – $5,450 | $1,450 – $1,900 |
| Apartment | 3 Bedroom | $2,431 | $2,287 | $1,300 – $9,192 | $2,000 – $2,500 |
| Apartment | 4+ Bedroom | $2,190 | $2,600 | $1,200 – $3,000 | $1,200 – $2,950 |
| House | 1 Bedroom | $1,546 | $1,450 | $875 – $2,950 | $1,095 – $1,750 |
| House | 2 Bedroom | $3,238 | $1,925 | $1,200 – $60,000 | $1,600 – $2,400 |
| House | 3 Bedroom | $2,666 | $2,600 | $1,500 – $4,500 | $2,200 – $3,000 |
| House | 4+ Bedroom | $3,559 | $3,500 | $1,200 – $8,500 | $3,000 – $3,900 |
Current rent in Anchorage, AK (all property types): Studio $1,205, 1 Bedroom $1,385, 2 Bedroom $2,226, 3 Bedroom $2,587, 4+ Bedroom $3,344.
Map of Anchorage, AK
Outlined area shows the metro area boundary. Shaded regions show where rentals cluster.
About this data
Rent statistics, listings analysis, and visualizations on this page are produced by Rentometer, Inc.
If you cite, share, or republish data from this report, please credit Rentometer.