1-Bedroom Apartment Rent in Anchorage, AK
Median asking rent for a 1-bedroom apartment in Anchorage, Alaska as of July 2026. That's +27% lower than the citywide median of $1,710 and +11% below the national 1-bedroom median of $1,395.
Income needed for a 1-bedroom in Anchorage
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 1-bedroom at the current median rent.
Rent by apartment size in Anchorage
Compare Anchorage's median rent across every apartment size.
Cheapest cities for a 1-bedroom in Alaska
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Kenai | $910 |
| 2 | Wasilla | $1,040 |
| 3 | Fairbanks | $1,130 |
| 4 | Anchorage (this page) | $1,241 |
| 5 | North Pole | $1,290 |
| 6 | Eagle River | $1,580 |
Most expensive cities for a 1-bedroom in Alaska
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Eagle River | $1,580 |
| 2 | North Pole | $1,290 |
| 3 | Anchorage (this page) | $1,241 |
| 4 | Fairbanks | $1,130 |
| 5 | Wasilla | $1,040 |
| 6 | Kenai | $910 |
Nearby cities — 1-bedroom rent
Considering nearby alternatives? 2 of these cities have cheaper 1-bedroom rents than Anchorage.
| City | Distance | 1-Bedroom rent | vs Anchorage |
|---|---|---|---|
| Kenai, AK | 49.5 mi | $910 | $-331 (-27%) |
| Wasilla, AK | 69.6 mi | $1,040 | $-201 (-16%) |
| Eagle River, AK | 113.9 mi | $1,580 | +$339 (+27%) |
1-Bedroom rent in Anchorage — common questions
How much is a 1-bedroom apartment in Anchorage?
As of July 2026, the median 1-bedroom apartment rent in Anchorage, Alaska is $1,241 per month. This is +27% below the citywide median of $1,710.
What income do you need to afford a 1-bedroom in Anchorage?
Using the standard 30% rent-to-income rule, you would need an annual income of about $49,640 ($4,137/month gross), which works out to roughly $23.87/hour at a full-time job.
Is Anchorage expensive for a 1-bedroom compared to the rest of the US?
Anchorage's 1-bedroom median of $1,241 is +11% below the national 1-bedroom median of $1,395. It ranks in the 40th percentile of US cities tracked.
How does Anchorage rank for 1-bedroom rent in Alaska?
Among the 6 cities in Alaska with 1-bedroom data, Anchorage ranks #4 from cheapest to most expensive.
Are there cheaper 1-bedroom options near Anchorage?
Yes — nearby cities with cheaper 1-bedroom rents include Kenai ($910), Wasilla ($1,040).