Alaska
Ranked #26 of 51 for housing affordability
Median Home Price
🏠$348K
4.01x income
Median Rent
🔑$1,373
30.2% rent-burdened
Median Income
💰$87K
Population: 733,583
Homeownership
🏡66.0%
2,050 experiencing homelessness
Housing Shortage
📉12,000
units needed
Building Permits (2024)
🔨1,032
Price-to-Income
📊4.01x
Severe Rent Burden
⚠️14.8%
paying >50% of income
Rent Burden Breakdown
vs. National Average
House Price Index (2000–2025)
FHFA All-Transactions HPI · Base = 100 (1980s)
HUD Fair Market Rents (FY2026)
Maximum rent HUD considers fair for Section 8 voucher holders
FMR ($1569) is above the state median rent ($1373) — vouchers cover typical rents.
Metros in Alaska
| Metro | Score | Home Price | Rent | Income | Rent Burden |
|---|---|---|---|---|---|
| Anchorage | 48 | $372K | $1,428 | $94K | 30.0% |
| Fairbanks-College | 87 | $286K | $1,503 | $86K | 25.4% |
Market Trends
Homeownership Rate
66.0%
Rent-to-Income Ratio
19.0%
of gross income spent on rent
Total Households
276,852
Owner-Occupied
183,575
Renter-Occupied
93,277
Homelessness
Latest Count (2024)
2,686
1-Year Change
+2.8%
10-Year Trend (2015–2024)
+37.3%
1,956 → 2,686
Housing Policies
Construction Activity
Total Permits (2024)
1,032
0.1% of national total
Single-Family
446
43% of state permits
Multi-Family
586
57% of state permits
Mortgage Access
National HMDA data — mortgage denial rates by race/ethnicity
Denial Rates by Race
Top Denial Reasons
Housing Shortage
State Shortage
12,000
units needed
National Shortage
7,300,000
0.2% of national total
Affordable Units per 100 ELI Renters
35
nationally (NLIHC)
National Shortage by Unit Type
45%
Single-Family
18%
Small Multi (2-4)
22%
Medium Multi (5-49)
15%
Large Multi (50+)
Rent Burden Detail
Alaska burden rates with national demographic breakdown
Cost-Burdened Renters
30.2%
paying >30% of income
Severely Burdened
14.8%
paying >50% of income
Households >30% Burden
17,392
Households >35% Burden
9,435