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Apartments for Rent in Anchorage AK

395 Rentals Available

Anchorage, AK Apartments for Rent

Anchorage, Alaska's largest city, combines metropolitan amenities with wilderness adventures at its doorstep. Spanning 1,947 square miles between the Chugach Mountains and Cook Inlet, this remarkable city offers an extraordinary setting for urban living. The University of Alaska Anchorage anchors the academic community, while neighborhoods like South Addition feature historic homes along tree-lined streets. Downtown serves as the cultural heart of the city, and Midtown provides varied housing options from apartments to single-family homes, with current average rents ranging from $1,101 for studios to $1,914 for four-bedroom units.

The rental market shows consistent growth, with rates increasing across all unit sizes - one-bedroom apartments average $1,299, reflecting a 3.6% rise, while three-bedroom homes now average $1,763, a 4.6% increase. With a population of 284,871 and a median household income of $91,017, Anchorage maintains a strong economic foundation. The city offers abundant outdoor recreation, from the 11-mile Tony Knowles Coastal Trail to nearby skiing destinations. The Alaska Native Heritage Center showcases the rich cultural heritage of Alaska's indigenous peoples, while Town Square Park hosts seasonal activities including winter ice skating. The Anchorage Market draws locals and visitors to downtown during summer months, celebrating local crafts and regional products.

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Anchorage, AK Rental Insights

The average rent in Anchorage, AK is $1,321 per month. By comparison, renters across the U.S. pay an average of $1,632, which means housing in Anchorage, AK is slightly less expensive than much of the country.

Find affordable apartments for rent in Anchorage, AK by browsing listings in budget-friendly neighborhoods such as North Star, Downtown Anchorage, and Sand Lake. Use filters by price, number of bedrooms, and amenities to narrow your search.

The most popular ZIP codes for renters in Anchorage, AK are 99501, 99504, 99508, 99507, and 99518.

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