Anchorage, AK Rental Market Trends
What is the average rent in Anchorage?
The average rent for an apartment in Anchorage is $1,459. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Anchorage, AK
Last updated November 2023
| Average Rent | Average Apartment Size |
|---|---|
| $1,459 | 703 sq. ft. |
What is the average apartment size in Anchorage?
The average size for a Anchorage, AK apartment is 703 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Anchorage, AK apartment rent ranges
Anchorage, AK Occupied Housing Units
38,778 or 36% of the households in Anchorage, AK are renter-occupied while 68,356 or 64% are owner-occupied.
Anchorage, AK rent trends
Average Rent in Anchorage, AK By Neighborhood
| City | Average Rent |
|---|---|
| Creekside Park | $1,843 |
| Scenic Park Estates | $1,843 |
| Towne East | $1,843 |
| Crestview Village - Madigan Place | $1,800 |
| Huffman Business Park | $1,800 |
| Mindoro - Hillcrest Park | $1,800 |
| Turnagain Industrial Park | $1,800 |
| Bella Vista | $1,777 |
| Dowling - Hollowbrook | $1,760 |
| International East | $1,634 |
| Bruce - Emerald Hills | $1,630 |
| Chugach Meadows - Abbott Loop Manor | $1,596 |
| Dowling | $1,596 |
| Fyfe | $1,596 |
| John Wells - Shady Acres | $1,596 |
| Athenian Village | $1,547 |
| Shady Birch - Aurora Heights | $1,542 |
| Strawberry Meadows | $1,542 |
| Windsor Village - Woodland Lakes | $1,542 |
| Bentzen | $1,502 |
| Castle Heights | $1,490 |
| Collegegate | $1,490 |
| Lawrence | $1,490 |
| Penland Park | $1,490 |
| Russian Jack | $1,490 |
| Wonder Park | $1,490 |
| Conroy | $1,479 |
| Midtown Anchorage | $1,365 |
| Romig Park | $1,349 |
| Fairview | $1,310 |
| Lampert | $1,307 |
| Blueberry Lake - Northern Lights | $1,296 |
| Calais | $1,296 |
| Spenard Acres | $1,296 |
| Sunbeam | $1,296 |
| Thompson | $1,215 |
| Downtown Anchorage | $1,170 |
| Eastchester | $1,170 |
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What are the most affordable neighborhoods in Anchorage?
The most affordable neighborhoods in Anchorage are Downtown Anchorage, where the average rent goes for $1,170/month, Eastchester, where renters pay $1,170/mo on average, and Thompson, where the average rent goes for $1,215/mo. If you’re looking for other great deals, check out the listings from Blueberry Lake - Northern Lights ($1,296), Calais ($1,296), and Spenard Acres ($1,296), where the asking prices are below the average Anchorage rent of $1,459/mo.
What are the most expensive neighborhoods in Anchorage?
The most expensive neighborhoods in Anchorage are Creekside Park ($1,843), Scenic Park Estates ($1,843) and Towne East ($1,843).
What are the most popular neighborhoods in Anchorage?
The most popular neighborhood in Anchorage is Downtown Anchorage, where there are 5 listings with an average rent of $1,170. Next up is Athenian Village, where apartments go for $1,547/month, followed by Fyfe with $1,596 If you’re looking to rent in Anchorage’s most popular neighborhoods, make sure to also check out Towne East, where renters pay $1,843 on average, and Eastchester, where the average monthly rent is $1,170.
Anchorage | Rent Comparison by Neighborhood
Rent in Athenian Village is 13% lower than in Bella Vista
$1,547
Athenian Village rent is 6% higher than Anchorage average
Average Rent
$1,547
$1,777
Bella Vista rent is 22% higher than Anchorage average
Average Rent
$1,777
How Anchorage Compares to Other Cities
| State | Average Rent |
|---|---|
| Anchorage | $1,459 |
| Eagle River | $1,672 |
What is the average price for a storage unit in Anchorage?
The average rent for a non-climate-controlled 10'x10' storage unit in Anchorage is $228.96. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Anchorage
Deer Park Apartment Homes
4221 LAUREL ST, ANCHORAGE, AK 99508| 1 BED | $1,025+ |
Kensington RT Property
15Th Avenue, Goleta, AK 74174| 1 BED | N/A |
| 2 BEDS | $500+ |
| 3 BEDS | $1,000+ |
Castle Apartments
915 W 27TH AVE, ANCHORAGE, AK 99503| 1 BED | $1,000 |