Average Rent in Anchorage, AK (2026)
Typical asking rent in Anchorage is $1,762. Across the 10 ZIP codes with data it runs from $1,358 to $3,936, so which side of town you buy on matters as much as the city average. Data as of June 2026.
Rent by ZIP code in Anchorage
| ZIP code | County | Typical rent | vs city median |
|---|---|---|---|
| 99516 | Anchorage Borough | $3,936 | +123% |
| 99504 | Anchorage Borough | $2,205 | +25% |
| 99515 | Anchorage Borough | $2,190 | +24% |
| 99518 | Anchorage Borough | $2,174 | +23% |
| 99502 | Anchorage Borough | $1,785 | +1% |
| 99507 | Anchorage Borough | $1,739 | -1% |
| 99517 | Anchorage Borough | $1,631 | -7% |
| 99508 | Anchorage Borough | $1,601 | -9% |
| 99501 | Anchorage Borough | $1,537 | -13% |
| 99503 | Anchorage Borough | $1,358 | -23% |
How to use these numbers
These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.
If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. Anchorage sits in the Anchorage, AK metro area.
Would a rental in Anchorage cash flow?
Start the analyzer with the Anchorage median rent of $1,762 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.