Rentometer, Inc. | Data as of 12/04/2025
Anchorage’s vibrant metro area offers a diverse rental landscape that caters to both city‑life enthusiasts and those seeking a quieter, nature‑rich setting. Downtown and Midtown neighborhoods provide modern apartment living with easy access to the waterfront, public transit, and cultural venues such as the Anchorage Museum and Alaska Center for the Performing Arts. Meanwhile, South Anchorage and the historic Turnagain area blend suburban charm with spacious homes, close to shopping districts, schools, and scenic trails that lead toward the Chugach Mountains. This mix of urban amenities and outdoor recreation makes the city a top choice for professionals, families, and seasonal residents alike.
When it comes to pricing, studio apartments generally sit in the $1200s, while one‑bedroom units often range in the $1400s. Two‑bedroom apartments typically fall within the $1600s to $1700 range, and larger three‑ and four‑plus bedroom units move into the $1900s and $2600s respectively. Single‑family houses follow a similar pattern, with one‑bedroom homes in the $1400s, two‑bedroom houses around the $1900s, three‑bedroom properties in the $2600s, and larger four‑plus bedroom homes reaching the $3500s. These figures reflect both average and median market trends, offering renters a clear sense of where their budget aligns with the variety of housing options available across Anchorage’s dynamic neighborhoods.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,295 | $1,182 | $560 - $1,975 | $1,125 - $1,590 |
| Apartment | 1 Bedroom | $1,391 | $1,375 | $750 - $2,400 | $1,250 - $1,500 |
| Apartment | 2 Bedroom | $1,688 | $1,650 | $750 - $2,800 | $1,445 - $1,864 |
| Apartment | 3 Bedroom | $2,230 | $2,262 | $999 - $3,900 | $1,864 - $2,600 |
| Apartment | 4+ Bedroom | $3,266 | $2,950 | $2,600 - $4,250 | $2,600 - $4,250 |
| House | 1 Bedroom | $1,486 | $1,500 | $1,000 - $1,880 | $1,350 - $1,700 |
| House | 2 Bedroom | $2,163 | $2,000 | $1,000 - $6,700 | $1,650 - $2,400 |
| House | 3 Bedroom | $2,736 | $2,600 | $1,250 - $7,000 | $2,295 - $2,900 |
| House | 4+ Bedroom | $3,561 | $3,497 | $2,000 - $8,500 | $3,000 - $4,000 |
In the current period, the average rent in Anchorage, AK was $1,543 for Studio, $1,403 for 1 Bedroom, $1,818 for 2 Bedroom, $2,577 for 3 Bedroom, and $3,510 for 4+ Bedroom.
Data provided by Rentometer, Inc.