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RE Intelligence

Rental numbers for the Anchorage, AK metro

The typical home here runs -$1,560 a month at 7.78% with 25% down. 0 of 15 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.6%.

Gross yield
5.2%
typical home, Zillow
Median ZIP yield
5.6%
15 ZIPs with full data
Cash flow
-$1,560/mo
at 7.78%, 25% down
Typical price
$426,000
Zillow ZHVI, Aug 2026
Typical rent
$1,860/mo
Zillow ZORI, Aug 2026

ZIP codes in the metro

20 with published figures

99567Chugiak$513,000$3,3507.8%4.4%-$879n/a
99504Anchorage$367,000$2,1787.1%3.7%-$854+5.2%
99518Anchorage$344,000$2,0177.0%3.4%-$887n/a
99623Wasilla$378,000$2,1816.9%3.5%-$934n/a
99676Talkeetna$268,000$1,500*6.7%3.6%-$643n/a
99516Anchorage$695,000$3,7506.5%3.3%-$1,849n/a
99577Eagle River$491,000$2,4476.0%2.7%-$1,551+7.3%
99688Willow$264,000$1,310*5.9%2.9%-$786n/a
99645Palmer$446,000$2,0795.6%2.6%-$1,448n/a
99501Anchorage$359,000$1,6715.6%2.1%-$1,297+5.1%
99674Sutton$286,000$1,330*5.6%2.2%-$1,016n/a
99515Anchorage$480,000$2,2295.6%2.4%-$1,648+7.6%
99507Anchorage$424,000$1,9345.5%2.1%-$1,547+3.2%
99508Anchorage$349,000$1,5805.4%2.0%-$1,303+7.5%
99654Wasilla$436,000$1,8655.1%2.1%-$1,590+1.8%
99517Anchorage$409,000$1,7375.1%1.9%-$1,563+5.5%
99503Anchorage$335,000$1,4005.0%1.7%-$1,334+2.3%
99502Anchorage$451,000$1,7934.8%1.6%-$1,829+5.0%
99540Anchorage$578,000$1,890*3.9%1.7%-$2,304n/a
99587Anchorage$725,000$1,470*2.4%0.2%-$3,794n/a

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
+6.2%
Rent, 12 months
+4.3%
Rent minus price growth
-2.0 pts
Property tax
1.17%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
10011012013014020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$349,125$1,413
Aug 2022$373,513$1,560
Aug 2023$383,120$1,657
Aug 2024$388,070$1,729
Aug 2025$400,656$1,784
Aug 2026$425,596$1,860

Counties

Tools

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Questions

Is the Anchorage, AK metro good for rental property?
The typical home here runs -$1,560 a month at 7.78% with 25% down. 0 of 15 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.6%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
Which ZIP codes in the Anchorage, AK metro have the highest rental yield?
99567 (Chugiak) at 7.8%, 99504 (Anchorage) at 7.1%, 99518 (Anchorage) at 7.0%, on Zillow value and rent. The full table above sorts by any column.

Sources and method

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.