BEST PLACES TO RENT

Alaska

Alaska Metropolitan Areas

Alaska offers wilderness adventure alongside city living, making it an appealing destination for renters. The best places to live in Alaska center around its two main metropolitan areas. The state ranks 31st nationally for rental costs, with an average rent of $1,520 that is 6% below the national average than the national average.The Anchorage metropolitan area, home to over 400,000 residents, serves as Alaska's economic center. Rental properties in neighborhoods like South Addition near the Coastal Trail, Midtown near the Loussac Library, and Downtown near the Museum of History and Art provide access to employers and recreation spots like Chugach State Park. Popular areas include the U-Med District near Providence Hospital and the Mountain View neighborhood with its cultural center.The Fairbanks metropolitan area, with approximately 95,000 residents, offers a smaller community setting. The city features rental communities near the University of Alaska Fairbanks and Fort Wainwright. Fairbanks apartments, particularly in neighborhoods like College Hills and Downtown near Golden Heart Plaza, typically offer larger floor plans—two-bedroom units average over 1,000 square feet, exceeding national averages.

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Anchorage Metro Area

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Anchorage Metro Area

POPULATION

403,396

AVG RENT

$1,553

# RENTALS

63

Fairbanks Metro Area

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Fairbanks Metro Area

POPULATION

95,119

AVG RENT

$1,471

# RENTALS

63

Alaska Rent Ranges

On average, rent in the state of Alaska falls anywhere from < $700/mo on the low end to > $2,000/mo at the max. Most rental prices fall within the $1,001 - $1,500/mo range.

Alaska Average Rent

The average rent for a one-bedroom apartment in Alaska is around $1,520. Use the chart below to compare Alaska’s average rent prices over time.