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Updated

Average Rent in Anchorage, AK

16 apartment buildings, 59 units. Real asking prices, refreshed daily. 1 more available with Average Rent Pro

Avg Rent

$1,616/mo

market average

Cheapest

$950/mo

Merrill Crossing Apartments

Properties

16

tracked daily

Units

59

available now

Anchorage, AK Resident Access

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Analysis

Rent Price Breakdown

Compare pricing across all 16 properties in Anchorage, AK.

Average Rent by Property

Starting Price vs Average

Rent by Bedroom Count

Price per Square Foot

Anchorage, AK Rent Prices

All 16 properties ranked by lowest available rent.

#1 4.1 (11)

Merrill Crossing Apartments

1275 E 9th Ave, Anchorage, AK 99501, USA

From $950/mo
Avg $950 1 units
#2 3.4 (169)

North Point Apartments

905 Richardson Vista Rd, Anchorage, AK 99501, USA

From $950/mo
Avg $1,000 2 units
#3 5 (150)

Buyers Real Estate Property Management

4141 B St STE 310, Anchorage, AK 99503, USA

From $1,025/mo
Avg $1,516 14 units
#4 4.1 (26)

McKinley Tower Apartments

337 E 4th Ave, Anchorage, AK 99501, USA

From $1,050/mo
Avg $1,350 3 units
#5 3.7 (30)

Village at Calais

601 W 32nd Ave, Anchorage, AK 99503, USA

From $1,090/mo
Avg $1,228 3 units
#6 4 (25)

Arctic Sun

625 W 46th Ave, Anchorage, AK 99503, USA

From $1,100/mo
Avg $1,187 3 units
#7 4.1 (26)

Country Lane

4255 Old Seward Hwy, Anchorage, AK 99503, USA

From $1,250/mo
Avg $1,308 3 units

Explore Each Property

Merrill Crossing Apartments apartments in Anchorage, AK

Merrill Crossing Apartments

4.1 (11)

1275 E 9th Ave, Anchorage, AK 99501, USA

From $950/mo
1 units
North Point Apartments apartments in Anchorage, AK

North Point Apartments

3.4 (169)

905 Richardson Vista Rd, Anchorage, AK 99501, USA

From $950/mo
2 units
Buyers Real Estate Property Management apartments in Anchorage, AK

Buyers Real Estate Property Management

5 (150)

4141 B St STE 310, Anchorage, AK 99503, USA

From $1,025/mo
14 units
McKinley Tower Apartments apartments in Anchorage, AK

McKinley Tower Apartments

4.1 (26)

337 E 4th Ave, Anchorage, AK 99501, USA

From $1,050/mo
3 units
Village at Calais apartments in Anchorage, AK

Village at Calais

3.7 (30)

601 W 32nd Ave, Anchorage, AK 99503, USA

From $1,090/mo
3 units
Arctic Sun apartments in Anchorage, AK

Arctic Sun

4 (25)

625 W 46th Ave, Anchorage, AK 99503, USA

From $1,100/mo
3 units

Anchorage, AK Average Rent Prices 2026

The average rent in Anchorage, AK is $1,616 per month, based on 59 units across 16 apartment communities. Prices range from $950 at Merrill Crossing Apartments to $1,595 at Lakeshore Park Apartments.

Average Rent by Bedroom Type

Type Avg Rent Starting From Units
Studio $1,015/mo $950/mo 5
1 Bed $1,408/mo $950/mo 12
2 Bed $1,541/mo $1,090/mo 29
3 Bed $1,998/mo $1,100/mo 11
4 Bed $3,350/mo $3,200/mo 2

Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.

Market Context

Who rents in Anchorage, AK, and what they pay

Tracked one-bedroom rent in Anchorage, AK averages $1,408/mo, with two-bedroom units averaging $1,541/mo. At the local median household income of $98,152, that works out to 20% of gross income, well within the 25 percent comfortable-rent threshold.

The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Anchorage, AK at $1,453/mo. The current tracked market average runs 11% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Anchorage, AK while the tracked market average covers units currently listed in larger apartment communities.

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

$65,000/year

Based on the 30 percent rule, using our tracked average rent of $1,616/mo.

Comfortable income

$78,000/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 27% 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) $1,616
Utilities $519
Groceries $564
Transportation $1,238
Healthcare $604
Other goods and services $966
Estimated total $5,507/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.

Frequently asked questions

What is the average rent in Anchorage, AK?

The average rent in Anchorage, AK is $1,616 per month, based on 59 units across 16 apartment buildings tracked by Average Rent. Prices are refreshed daily.

What is the cheapest apartment rent in Anchorage, AK?

The lowest available rent in Anchorage, AK starts at $950 per month. Availability changes daily and prices are refreshed each morning.

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

1-bedroom apartments in Anchorage, AK average $1,408/mo. The lowest listed 1-bedroom starts at $950/mo across 12 units tracked.

How much is a 2-bedroom apartment in Anchorage, AK?

2-bedroom apartments in Anchorage, AK average $1,541/mo. Units start from $1,090/mo across 29 units currently listed.

Rent Trends in Anchorage, AK

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