Rentometer, Inc. | Data as of 10/22/2025
Anchorage’s rental market offers a diverse mix of apartments and single‑family homes that appeal to a wide range of lifestyles, from urban professionals to families seeking spacious living. Studio apartments generally fall in the $1,200‑$1,300 range, while one‑bedroom units are commonly found in the $1,400‑$1,500 bracket. Two‑bedroom apartments tend to command rates in the $1,600‑$1,700 range, and larger three‑bedroom layouts are typically priced around $2,000‑$2,200. For those preferring a house, one‑bedroom homes are usually listed in the $1,500‑$1,600 range, two‑bedroom houses hover around $1,900‑$2,100, and three‑bedroom homes often exceed $2,700‑$2,800. Larger four‑plus bedroom houses are available in the premium $3,600‑$3,800 segment.
The city’s neighborhoods each bring a distinct character to the rental experience. Downtown Anchorage and the Midtown area provide vibrant walkable environments close to restaurants, cultural venues, and the bustling Anchorage Market & Food Festival. South Anchorage and the Eagle River region offer quieter streets with easy access to family‑friendly parks, schools, and the scenic Chugach State Park. Meanwhile, neighborhoods such as Spenard and the Airport area deliver more affordable options while remaining within convenient reach of the University of Alaska Anchorage and major transportation routes.
Beyond housing, Anchorage’s natural beauty and attractions—like the historic Alaska Railroad, the Anchorage Museum, and nearby wilderness areas—enhance the appeal of renting in Alaska’s largest city. Whether you’re searching for a modern apartment in the heart of the city or a spacious house near outdoor recreation, Anchorage’s rental market provides flexible choices that cater to both convenience and the region’s renowned sense of adventure.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,268 | $1,212 | $700 - $1,949 | $1,125 - $1,370 |
| Apartment | 1 Bedroom | $1,385 | $1,380 | $750 - $2,125 | $1,230 - $1,525 |
| Apartment | 2 Bedroom | $1,692 | $1,650 | $780 - $3,100 | $1,445 - $1,864 |
| Apartment | 3 Bedroom | $2,131 | $2,002 | $1,400 - $3,900 | $1,845 - $2,495 |
| House | 1 Bedroom | $1,515 | $1,500 | $1,000 - $2,100 | $1,350 - $1,700 |
| House | 2 Bedroom | $2,148 | $2,000 | $1,000 - $6,700 | $1,700 - $2,400 |
| House | 3 Bedroom | $2,786 | $2,700 | $1,295 - $7,000 | $2,300 - $2,950 |
| House | 4+ Bedroom | $3,669 | $3,500 | $2,400 - $8,500 | $3,000 - $4,000 |
In the current period, the average rent in Anchorage was $1,253 for Studio, $1,401 for 1 Bedroom, $1,835 for 2 Bedroom, $2,604 for 3 Bedroom, and $3,519 for 4+ Bedroom.
Data provided by Rentometer, Inc.