Rents are 15% above what Eagle River's 10-year trend predicts — running hotter than its own history.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,397 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: August 17, 2026
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How Eagle River, AK has changed in 5 years
Five years ago, renters in Eagle River, AK paid around $1,608 a month. That figure now sits near $2,397, up 49.1% from the 2021 baseline. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Eagle River, AK reflects that arc in its own way.
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At $2,397/mo, how Eagle River rent compares to typical pay (30% rule).
Eagle River rent by bedroom count
Median rent for each apartment size in Eagle River. Click any size for full breakdown.
Tips for renters in Eagle River
Last updated: August 17, 2026
The median rent in Eagle River is $2,397/mo as of August 2026. A studio apartment averages $1,440/mo while a 2-bedroom runs $2,070/mo. One-bedroom apartments average $1,580/mo and 3-bedroom units go for $2,900/mo.
At 40% of estimated US median household income ($72,000/yr), Eagle River ranks as moderate compared to the national benchmark of 30%. Rents have increased 10.1% over the past year.
Frequently asked questions
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How does Eagle River rent compare to the national average?
At $2,397/mo, rent takes ~40% of US median household income ($72,000/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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