Rental numbers for Anchorage Municipality, AK
The typical home here runs -$1,659 a month at 7.78% with 25% down. 0 of 12 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.6%.
- Gross yield
- 5.1%
- typical home, Zillow
- Median ZIP yield
- 5.6%
- 12 ZIPs with full data
- Cash flow
- -$1,659/mo
- at 7.78%, 25% down
- Typical price
- $435,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,863/mo
- Zillow ZORI, Aug 2026
ZIP codes in Anchorage Municipality
14 with published figures
| 99567Chugiak | $513,000 | $3,350 | 7.8% | 4.4% | -$879 | n/a |
| 99504Anchorage | $367,000 | $2,178 | 7.1% | 3.7% | -$854 | +5.2% |
| 99518Anchorage | $344,000 | $2,017 | 7.0% | 3.4% | -$887 | n/a |
| 99516Anchorage | $695,000 | $3,750 | 6.5% | 3.3% | -$1,849 | n/a |
| 99577Eagle River | $491,000 | $2,447 | 6.0% | 2.7% | -$1,551 | +7.3% |
| 99501Anchorage | $359,000 | $1,671 | 5.6% | 2.1% | -$1,297 | +5.1% |
| 99515Anchorage | $480,000 | $2,229 | 5.6% | 2.4% | -$1,648 | +7.6% |
| 99507Anchorage | $424,000 | $1,934 | 5.5% | 2.1% | -$1,547 | +3.2% |
| 99508Anchorage | $349,000 | $1,580 | 5.4% | 2.0% | -$1,303 | +7.5% |
| 99517Anchorage | $409,000 | $1,737 | 5.1% | 1.9% | -$1,563 | +5.5% |
| 99503Anchorage | $335,000 | $1,400 | 5.0% | 1.7% | -$1,334 | +2.3% |
| 99502Anchorage | $451,000 | $1,793 | 4.8% | 1.6% | -$1,829 | +5.0% |
| 99540Anchorage | $578,000 | $1,890* | 3.9% | 1.7% | -$2,304 | n/a |
| 99587Anchorage | $725,000 | $1,470* | 2.4% | 0.2% | -$3,794 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +5.3%
- Rent, 12 months
- +4.5%
- Rent minus price growth
- -0.8 pts
- Property tax
- 1.26%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $359,757 | $1,416 |
| Aug 2022 | $383,631 | $1,566 |
| Aug 2023 | $396,001 | $1,655 |
| Aug 2024 | $399,768 | $1,725 |
| Aug 2025 | $413,317 | $1,782 |
| Aug 2026 | $435,444 | $1,863 |
HUD Fair Market Rent
FY2027, Anchorage, AK HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,095 | $1,169 | $1,529 | $2,117 | $2,556 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 2.6
- 287 units, last 12 months
- National percentile
- 31th
- among US counties
Tools
Test a listing in Anchorage Municipality against today's rate.
Open the calculatorPart of the Anchorage, AK metro.
Questions
- Is Anchorage Municipality good for rental property?
- The typical home here runs -$1,659 a month at 7.78% with 25% down. 0 of 12 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.6%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Anchorage Municipality?
- About 1.26% of value, from Census ACS median taxes paid over median home value. On a $435,000 home that is about $5,478 a year.
- What is Fair Market Rent in Anchorage Municipality?
- HUD's FY2027 Fair Market Rent here is $1,169 for a 1-bedroom, $1,529 for a 2-bedroom and $2,117 for a 3-bedroom. Typical cash flow at today's rate is -$1,659 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.