What is the average apartment size in Anchorage?

The average size for a Anchorage, AK apartment is 707 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 Feb / 2026, the average rent in Anchorage is $1,503 per month, a 3.39% increase from last years average of $1,454.

How much does rent cost by apartment size in Anchorage?

In Anchorage, studios rent for $1,194 per month, one-bedroom units average $1,353 per month, two-bedrooms cost around $1,653 per month, and three-bedroom apartments rent for about $2,028 per month

What is the average apartment size in Anchorage?

The typical apartment in Anchorage offers about 707 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 595 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 Towne East ($1,891/month), Campbell Glen ($1,913/month), and Penland Park ($1,963/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 57% 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 Blueberry Lake - Northern Lights ($1,097/month), Northpointe Bluff - Hollywood Vista ($1,117/month), and Independence Park ($1,323/month), all below the citywide average of $1,503.

Last updated: April 06, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Anchorage is $1,503, a 3.39% increase compared to the previous year, when the average rent was $1,454.

Studio Apartments at $1,194 offer the most budget-friendly option with 415 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 595 square feet for $1,353, balancing privacy and affordability.

Two-beedroom units at $1,653 offer 833 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,016 sq ft) for $2,028, suitable for larger households.

Average rent in Anchorage, AK

Last updated: April 06, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,503	707 sq. ft.
Studio	$1,194	415 sq. ft.
1 Bed	$1,353	595 sq. ft.
2 Beds	$1,653	833 sq. ft.
3 Beds	$2,028	1,016 sq. ft.

Anchorage, AK rent trends

Rental prices in Anchorage, AK have increased by 3.39% over the past year. The average rent moved from $1,454 to $1,503.

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

The largest share of rentals in Anchorage, AK (57%) 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?

Blueberry Lake - Northern Lights $1,097/month

Northpointe Bluff - Hollywood Vista $1,117/month

Independence Park $1,323/month

All of these neighborhoods fall below the city wide average of $1,503/month.

Most expensive neighborhoods in Anchorage?

Towne East $1,891/month

Campbell Glen $1,913/month

Penland Park $1,963/month

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

Average Rent in Anchorage, AK By Neighborhood

Neighborhood	Average Rent
Penland Park	$1,963
Campbell Glen	$1,913
Towne East	$1,891
Chugach Meadows - Abbott Loop Manor	$1,747
Fyfe	$1,659
Creekside Park	$1,550
Thompson	$1,478
Midtown Anchorage	$1,394
Athenian Village	$1,379
Downtown Anchorage	$1,369
Independence Park	$1,323
Northpointe Bluff - Hollywood Vista	$1,117
Blueberry Lake - Northern Lights	$1,097

Anchorage | Rent Comparison by Neighborhood

Rent in Athenian Village is 26% higher than in Blueberry Lake - Northern Lights

$1,379

Athenian Village rent is 8% lower than Anchorage average

Average Rent $1,379

$1,097

Blueberry Lake - Northern Lights rent is 27% lower than Anchorage average

Average Rent $1,097

How Anchorage Compares to Other Cities

City	Average Rent
Anchorage	$1,503
Eagle River	$1,682

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.