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Average Rent in Anchorage, AK & Rent Trends

Rent prices and market trends across 33 apartment communities in Anchorage, AK. Updated daily.

Market Average

$1,568/mo

▲ +3.9% from last month

Lowest Available

$950/mo

cheapest unit on market

Communities

33

tracked daily

Units Listed

200

available now

Price Cuts This Week in Anchorage, AK

12 listed units across 7 buildings in Anchorage, AK dropped their asking rent in the past 7 days, an average cut of $235/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
The Club at Eagle Pointe Unit 2 $2,110 $1,449 $661
Quiet Creek Apartment Homes Unit 3 $2,110 $1,610 $500
Wildwood Estates Unit 2 $2,110 $1,795 $315
The Club at Eagle Pointe Unit 1 $1,605 $1,327 $278
Brighton Park Unit 4 $1,655 $1,390 $265
Village at Calais Unit 3 $1,345 $1,095 $250
OverWatch Real Estate Management Unit bedroom $2,800 $2,600 $200
Quiet Creek Apartment Homes Unit 1 $1,605 $1,475 $130
See today's prices on all 200 listed units

Rent by Neighborhood in Anchorage, AK

Compare average rent across Anchorage, AK neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map

Neighborhood Avg Rent 30d Change From Properties Units
Taku / Campbell $2,327 ▲  $199 $1,250 1 15
Sand Lake $1,787 - $1,345 2 5
Airport Heights Community Council $1,764 - $1,314 3 18
Abbott Loop $1,620 - $1,155 7 34
Turnagain $1,595 - $1,595 1 1
Fairview $1,463 ▼  $157 $950 11 78
Anchorage 99503 $1,338 ▼  $207 $1,025 8 46

Is Rent Going Up or Down in Anchorage, AK?

As of July 2026, the average rent in Anchorage, AK is $1,568 per month across 33 apartment communities and 200 available units. Rents have increased $57 (3.9%) over the past month.

The most affordable option is Merrill Crossing Apartments starting at $950/mo. By unit type, a studio averages $1,302/mo, a 1-bedroom averages $1,496/mo, a 2-bedroom averages $1,498/mo, a 3-bedroom averages $1,806/mo, a 4-bedroom averages $3,300/mo.

Prices range from $950 to $3,500 per month. The most common price point is the $1,200 range, where 70 units are currently listed.

Anchorage, AK Rent Price History

Window
View as table
Month Avg Rent Change Properties
June 2026 $1,465 - 15
July 2026 $1,526 +$61 31

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Anchorage, AK

Studio
$1,302
from $950 · 15 units
1 Bed
$1,496
from $950 · 44 units
2 Bed
$1,498
from $1,090 · 100 units
3 Bed
$1,806
from $1,100 · 38 units
4 Bed
$3,300
from $3,200 · 3 units

Rent Prices by Apartment in Anchorage, AK

Property Starting at Average Units Rating
Merrill Crossing Apartments $950/mo $950/mo 1 4.1
North Point Apartments $950/mo $1,000/mo 2 3.4
Buyers Real Estate Property Management $1,025/mo $1,516/mo 14 5
Ladera Villa $1,090/mo $1,361/mo 7 4.3
Castle Apartment Homes $1,090/mo $1,258/mo 9 4.1
Arbor Pointe $1,090/mo $1,280/mo 3 4.2
Outlook $1,090/mo $1,480/mo 40 3.7

Frequently Asked Questions About Rent in Anchorage, AK

What is the average rent in Anchorage, AK?

The average rent in Anchorage, AK is $1,568 per month as of July 2026, based on 200 units across 33 apartment communities.

Is rent going up or down in Anchorage, AK?

Rent in Anchorage, AK has increased $57 (3.9%) over the past month. The current average is $1,568/mo.

What is the cheapest apartment in Anchorage, AK?

The most affordable apartment in Anchorage, AK is Merrill Crossing Apartments with units starting at $950/mo.

How much is a 1-bedroom apartment in Anchorage, AK?

A 1-bedroom apartment in Anchorage, AK averages $1,496/mo, with prices starting at $950/mo across 44 available units.

How many apartments are available in Anchorage, AK?

There are 200 units available across 33 apartment communities in Anchorage, AK.

What salary do I need to live comfortably in Anchorage, AK?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$63,000/year

Based on the 30 percent rule, using our tracked average rent of $1,568/mo.

Comfortable income

$75,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($950/mo), you need to earn at least $38,000/year.

Median household income in Anchorage, AK is $98,152 , about 30% above the comfortable-living threshold.

Cost of living in Anchorage, AK

Overall prices in Anchorage, AK runs above the national average by about 7% (BEA Regional Price Parity index 106.8, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Anchorage, AK's regional price parities.

Category Monthly estimate
Rent (market average) $1,568
Utilities $519
Groceries $564
Transportation $1,238
Healthcare $604
Other goods and services $966
Estimated total $5,459/mo

Population

289,069

Median household income

$98,152

Census median rent

$1,453/mo

Rent as % of income

29.1%

Median age

34.9

Mean commute

19 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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