What is the average apartment size in Anchorage?

The average size for a Anchorage, AK apartment is 708 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.

What is the average rent in Anchorage?

As of Jan / 2026, the average rent in Anchorage is $1,509 per month, a 4.06% increase from last years average of $1,451.

How much does rent cost by apartment size in Anchorage?

In Anchorage, studios rent for $1,190 per month, one-bedroom units average $1,372 per month, two-bedrooms cost around $1,650 per month, and three-bedroom apartments rent for about $2,027 per month

What is the average apartment size in Anchorage?

The typical apartment in Anchorage offers about 708 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in Anchorage?

Studio apartments in Anchorage average 415 sq. ft., one-bedrooms offer 594 sq. ft., two-bedrooms are about 833 sq. ft., and three-bedroom apartments average 1,016 sq. ft.

What are the most expensive neighborhoods in Anchorage?

The most expensive neighborhoods in Anchorage are Penland Park ($1,882/month), Campbell Glen ($1,897/month), and Towne East ($1,993/month), often due to premium locations and high-end amenities.

Anchorage, AK Rental Market Trends

Q: What's the typical rent budget in Anchorage?

The typical rent budget in Anchorage ranges from $1,001 to $1,500 per month, with 50% of rentals in this range.

Q: Do most people rent or own in Anchorage?

In Anchorage, 36% of households rent while 64% own their homes, based on the latest U.S. Census data.

Q: What are the most affordable neighborhoods in Anchorage?

The most affordable neighborhoods in Anchorage include Northpointe Bluff - Hollywood Vista ($1,086/month), Blueberry Lake - Northern Lights ($1,149/month), and Independence Park ($1,285/month), all below the citywide average of $1,509.

Last updated: February 19, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Anchorage is $1,509, a 4.06% increase compared to the previous year, when the average rent was $1,451.

Studio Apartments at $1,190 offer the most budget-friendly option with 415 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 594 square feet for $1,372, balancing privacy and affordability.

Two-beedroom units at $1,650 offer 833 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,016 sq ft) for $2,027, suitable for larger households.

Average rent in Anchorage, AK

Last updated: February 19, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,509	708 sq. ft.
Studio	$1,190	415 sq. ft.
1 Bed	$1,372	594 sq. ft.
2 Beds	$1,650	833 sq. ft.
3 Beds	$2,027	1,016 sq. ft.

Anchorage, AK rent trends

Rental prices in Anchorage, AK have increased by 4.06% over the past year. The average rent moved from $1,451 to $1,509.

What's the typical rent budget in Anchorage, AK?

The largest share of rentals in Anchorage, AK (50%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Anchorage, AK?

39,117 or 36% of the households in Anchorage, AK are renter-occupied while 68,751 or 64% are owner-occupied.

Most affordable neighborhoods in Anchorage?

Northpointe Bluff - Hollywood Vista $1,086/month

Blueberry Lake - Northern Lights $1,149/month

Independence Park $1,285/month

All of these neighborhoods fall below the city wide average of $1,509/month.

Most expensive neighborhoods in Anchorage?

Penland Park $1,882/month

Campbell Glen $1,897/month

Towne East $1,993/month

These neighborhoods typically command higher rents due to location, amenities, and demand.

Average Rent in Anchorage, AK By Neighborhood

Neighborhood	Average Rent
Towne East	$1,993
Campbell Glen	$1,897
Penland Park	$1,882
Chugach Meadows - Abbott Loop Manor	$1,763
Fyfe	$1,746
Creekside Park	$1,599
Thompson	$1,468
Athenian Village	$1,381
Midtown Anchorage	$1,374
Downtown Anchorage	$1,336
Independence Park	$1,285
Blueberry Lake - Northern Lights	$1,149
Northpointe Bluff - Hollywood Vista	$1,086

Anchorage | Rent Comparison by Neighborhood

Rent in Athenian Village is 20% higher than in Blueberry Lake - Northern Lights

$1,381

Athenian Village rent is 9% lower than Anchorage average

Average Rent $1,381

$1,149

Blueberry Lake - Northern Lights rent is 24% lower than Anchorage average

Average Rent $1,149

How Anchorage Compares to Other Cities

City	Average Rent
Anchorage	$1,509
Eagle River	$1,726

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Anchorage apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.