Anchorage
Alaska · Ranked #308 of 373 metros
48Moderate
💡
Housing in Anchorage costs 3.95× the median income, below the national average of 4.5×. The median home price is $372K and median rent is $1,428/month. Anchorage ranks #308 of 373 metros for affordability.
Median Home Price
🏠$372K
Need $106K income
Median Rent
🔑$1,428
Need $56K income
Housing Shortage
📉8,000
units needed
Building Permits
🔨426
annual
Median Income
💰$94K
Pop: 396,317
Rent Burden
⚠️30.0%
of renters paying >30%
Price Change (YoY)
📈+2%
Homeownership
🏡67.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Anchorage | National |
|---|---|---|
| Price-to-Income Ratio | 3.95x | 6.1x |
| Rent Burden | 30.0% | 31.5% |
| Homeownership Rate | 67.0% | 65.5% |
| YoY Price Change | +2% | +3.5% |
| YoY Rent Change | +1.5% | +2.8% |
| Mortgage Denial Rate | 13.0% | 13.5% |
| Eviction Rate | 3.5% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +47.3%Since 2000: +180.8%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$1,152/mo
1 Bedroom$1,243/mo
2 Bedroom$1,631/mo
3 Bedroom$2,268/mo
4 Bedroom$2,736/mo
Zillow Market Data
Home Value (ZHVI)
$408K
1yr: +4.7%5yr: +23.5%
Rent (ZORI)
$1,679/mo
1yr: +3.7%5yr: +34.8%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$435K
Active Inventory
48
Days on Market
37
Sold Above List
13.3%
Price Drops
20.8%