Rental market trends in Anchorage, AK
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Average Apartment Cost in Anchorage, AK
Apartment Rent Ranges in Anchorage, AK
| Apartment Prices | Proportion | |||
|---|---|---|---|---|
0% | 2% | 23% | 33% | 43% |
Neighborhood Apartment Rent Trends in Anchorage, AK
| Neighborhood | Studio Avg Rent | Annual Change |
|---|---|---|
| Midtown | $1,800 | -8% |
| Downtown | $1,650 | -8% |
| Spenard | $850 | -- |
| Downtown Spenard | $850 | -- |
| Neighborhood | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| South Anchorage | $2,100 | -- |
| Russian Jack Park | $1,350 | -- |
| Downtown | $1,275 | 0% |
| University Area | $1,050 | 0% |
| Spenard | $950 | -- |
| Neighborhood | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Northeast Anchorage | $1,829 | +5% |
| South Anchorage | $1,795 | -- |
| Government Hill | $1,400 | -- |
| Northstar | $1,350 | -- |
| Sand Lake | $1,300 | -- |
| University Area | $1,250 | 0% |
| Russian Jack Park | $1,200 | -- |
| Russian Jack Manor | $1,200 | -- |
| Spenard | $1,175 | -- |
Anchorage, AK Rent Trends
| Studio | 1 Bed | 2 Beds | ||||||||||
| Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | Nov 2023 | Dec 2023 |
| $1620 | $1532 | $1628 | $1917 | $2650 | $2650 | $2400 | $2400 | $1950 | $1950 | $1650 | $1440 | $1590 |
| $1050 | $1050 | $1050 | $1050 | $1050 | $1050 | $1050 | $1050 | $1050 | $1050 | $1050 | $1050 | $1050 |
| $1250 | $1250 | $1250 | $1250 | $1250 | $1250 | $1925 | $2149 | $2149 | $2149 | $1629 | $1505 | $1505 |
| $1982 | $1500 | $1500 | $1500 | $1500 | $2115 | $1500 | $1500 | $1500 | $1500 | $1990 | $2250 | $2150 |
Neighborhood Information for Anchorage, AK
What are the most affordable neighborhoods in Anchorage, AK?
The most affordable neighborhoods in Anchorage are Spenard, where the average 1-bedroom apartment rent goes for $950, University Area, where renters pay $1,050 on average for a 1-bedroom apartment, and Downtown, where the average 1-bedroom apartment rent goes for $1,275. If you're looking for other great deals, check out the listings in Russian Jack Park ($1,350 for a 1-bedroom apartment) or South Anchorage ($2,100 for a 1-bedroom apartment), compared to the $1,050 average for an Anchorage 1-bedroom apartment.
What are the most expensive neighborhoods in Anchorage, AK?
The most affordable neighborhoods in Anchorage are South Anchorage, where the average 1-bedroom apartment rent goes for $2,100, Russian Jack Park, where renters pay $1,350 on average for a 1-bedroom apartment, and Downtown, where the average 1-bedroom apartment rent goes for $1,275. If you're looking for other great deals, check out the listings in University Area ($1,050 for a 1-bedroom apartment) or Spenard ($950 for a 1-bedroom apartment), compared to the $1,050 average for an Anchorage 1-bedroom apartment.
What are the most popular neighborhoods in Anchorage, AK?
The most popular neighborhoods in Anchorage are University Area, where the average 1-bedroom apartment rent goes for $1,050, Spenard, where renters pay $950 on average for a 1-bedroom apartment, and Russian Jack Park, where the average 1-bedroom apartment rent goes for $1,350. If you're looking for other popular neighborhoods, check out the listings in Downtown ($1,275 for a 1-bedroom apartment) or South Anchorage ($2,100 for a 1-bedroom apartment), compared to the $1,050 average for an Anchorage 1-bedroom apartment.
