City Report · AK

Wasilla

Pop. 9,720·4th most expensive in Alaska·Rental market data updated monthly for Wasilla, AK
Median rent (all units)
$1,843/mo
Year-over-Year
+2.7%
Month-over-Month
+0.6%
vs US Median
-$89
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Wasilla · $1,843
More expensive than 50% of US cities · National median $1,932/mo
Rent Reality Score
58/100
Fairly priced
OverheatedFairGreat value

Rents are 4% below what Wasilla's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,843/mo
Expected by trend
$1,919/mo
The Rent Reality Score compares today's median rent to where Wasilla's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,010
1 BR
$1,040
2 BR
$1,370
3 BR
$1,920
4 BR+
$2,300
Fair Market Rent (HUD)
$1,370/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,843 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 →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Wasilla is at its highest level since Zillow's records here began in April 2023.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($67,234) is $1,681 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,370); a 3-bedroom is $1,920.

From Zillow's monthly rent index (ZORI) for Wasilla. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$22,116/yr
At $1,843/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.7% YoY, +0.6% MoM), not inventory.
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Demographics

Who lives here

Wasilla, AK is roughly split between renters and owners, 21.7% of residents hold a bachelor's degree or higher.

Population
9,720
Median income
$67,234
Median age
34.8
Renters
51.8%
Age distribution
23.3%
27%
22.8%
17.1%
Under 1823.3%
18–3427%
35–5422.8%
55–649.8%
65+17.1%
Gender
50%
50%
Male50%
Female50%
Race & ethnicity
72%
18.6%
White72%
Black2.5%
Hispanic5.1%
Asian1.9%
Other18.6%
Education (25+)
36.9%
37.4%
21.7%
No HS diploma3.9%
HS diploma36.9%
Some college37.4%
Bachelor's+21.7%
Housing tenure
48.2%
51.8%
Owner48.2%
Renter51.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How Wasilla, AK has changed in 5 years

Rent
$1,586 → $1,843
up 16.2%
Income
$62,292 → $67,234
up 7.9%
Population
9,098 → 9,720
up 6.8%
Renter share
45.6% → 51.8%
+6.2 pts
Bachelor's+
21% → 21.7%
+0.7 pts
Median age
36.7 → 34.8
-1.9 yrs

Across the past five years, the going rent in Wasilla, AK has shifted from $1,586 to $1,843, up 16.2% since 2023. Census figures show median household income at $67,234 today, compared with $62,292 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Wasilla, AK adding about 622 residents over the five-year window, up 6.8% on net. The renter share has risen from 45.6% to 51.8%, with owner-occupied housing accounting for the remainder. The combined trend lines point to a market that has changed measurably from where it stood in early 2023.

Community

Discussions about Wasilla

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View Wasilla rent history (2015–2026) →
Salary vs rent

Can you afford rent in Wasilla on your salary?

At $1,843/mo, how Wasilla rent compares to typical pay (30% rule).

By apartment size

Wasilla rent by bedroom count

Median rent for each apartment size in Wasilla. Click any size for full breakdown.

Local insights

Tips for renters in Wasilla

About renting in Wasilla, AK

Last updated: October 17, 2026

The median rent in Wasilla is $1,843/mo as of October 2026. A studio apartment averages $1,010/mo while a 2-bedroom runs $1,370/mo. One-bedroom apartments average $1,040/mo and 3-bedroom units go for $1,920/mo.

At 33% of local median household income ($67,234/yr), Wasilla ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Wasilla?

To keep rent at or below 30% of gross income, you would need to earn at least $74,000/year (about $36/hour full-time) to afford the median rent of $1,843/mo in Wasilla. The local median household income is $67,234/yr, so the typical household falls short of that bar.

Is rent going up or down in Wasilla?

Rent in Wasilla has risen 2.7% over the past year as of September 2026. That is the highest level since Zillow's records here began in April 2023.

How does Wasilla rent compare to other cities in Alaska?

Wasilla is one of the more affordable among Alaska cities for rent, ranking #4 of 6 tracked cities at $1,843/mo.

Which nearby cities are cheaper to rent in than Wasilla?

Nearby cities with lower median rent than Wasilla ($1,843/mo) include Kenai ($1,480/mo).
Income Affordability
33%
MODERATE

At $1,843/mo, rent takes ~33% of Wasilla's median household income ($67,234/yr). The standard benchmark is 30%.

Wasilla 33%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Wasilla, AK

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