Studio Apartment Rent in Anchorage, AK
Median asking rent for a studio apartment in Anchorage, Alaska as of July 2026. That's +33% lower than the citywide median of $1,710 and +11% below the national studio median of $1,290.
Income needed for a studio 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 studio at the current median rent.
Rent by apartment size in Anchorage
Compare Anchorage's median rent across every apartment size.
Cheapest cities for a studio in Alaska
| # | City | Studio rent |
|---|---|---|
| 1 | Kenai | $900 |
| 2 | Fairbanks | $1,010 |
| 3 | Wasilla | $1,010 |
| 4 | Anchorage (this page) | $1,149 |
| 5 | North Pole | $1,160 |
| 6 | Eagle River | $1,440 |
Most expensive cities for a studio in Alaska
| # | City | Studio rent |
|---|---|---|
| 1 | Eagle River | $1,440 |
| 2 | North Pole | $1,160 |
| 3 | Anchorage (this page) | $1,149 |
| 4 | Wasilla | $1,010 |
| 5 | Fairbanks | $1,010 |
| 6 | Kenai | $900 |
Nearby cities — studio rent
Considering nearby alternatives? 2 of these cities have cheaper studio rents than Anchorage.
| City | Distance | Studio rent | vs Anchorage |
|---|---|---|---|
| Kenai, AK | 49.5 mi | $900 | $-249 (-22%) |
| Wasilla, AK | 69.6 mi | $1,010 | $-139 (-12%) |
| Eagle River, AK | 113.9 mi | $1,440 | +$291 (+25%) |
Studio rent in Anchorage — common questions
How much is a studio apartment in Anchorage?
As of July 2026, the median studio apartment rent in Anchorage, Alaska is $1,149 per month. This is +33% below the citywide median of $1,710.
What income do you need to afford a studio in Anchorage?
Using the standard 30% rent-to-income rule, you would need an annual income of about $45,960 ($3,830/month gross), which works out to roughly $22.10/hour at a full-time job.
Is Anchorage expensive for a studio compared to the rest of the US?
Anchorage's studio median of $1,149 is +11% below the national studio median of $1,290. It ranks in the 39th percentile of US cities tracked.
How does Anchorage rank for studio rent in Alaska?
Among the 6 cities in Alaska with studio data, Anchorage ranks #4 from cheapest to most expensive.
Are there cheaper studio options near Anchorage?
Yes — nearby cities with cheaper studio rents include Kenai ($900), Wasilla ($1,010).