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ZIP Code · AK

ZIP 99515

Pop. 21,870·Anchorage Borough·3rd most expensive ZIP in Alaska
Median rent (all units)
$2,191/mo
Year-over-Year
+4.4%
Month-over-Month
Stable
vs US Median
+$229
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 99515 · $2,191
More expensive than 69% of US ZIP codes · National median $1,962/mo
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Medians by bedroom

Rent by unit size

Studio
$1,370
1 BR
$1,480
2 BR
$1,940
3 BR
$2,700
4 BR+
$3,250
Research median
$1,940/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$26,292/yr
At $2,191/mo median
Location
StateAK
CountyAnchorage Borough
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.4% YoY, +0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 99515 (Anchorage, AK) is majority owner-occupied, has a median income above the national average, 40.8% of residents hold a bachelor's degree or higher.

Population
21,870
Median income
$113,995
Median age
37.3
Renters
21.1%
Age distribution
24.8%
20.9%
26.6%
13.6%
14.1%
Under 1824.8%
18–3420.9%
35–5426.6%
55–6413.6%
65+14.1%
Gender
50.3%
49.7%
Male50.3%
Female49.7%
Race & ethnicity
59.7%
20.2%
White59.7%
Black1.2%
Hispanic8.4%
Asian10.5%
Other20.2%
Education (25+)
25.6%
28.4%
40.8%
No HS diploma5.3%
HS diploma25.6%
Some college28.4%
Bachelor's+40.8%
Housing tenure
78.9%
21.1%
Owner78.9%
Renter21.1%

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

2021 vs 2026

How ZIP 99515 in Anchorage, AK has changed in 5 years

Income
$103,942 → $113,995
up 9.7%
Population
21,596 → 21,870
up 1.3%
Renter share
21.8% → 21.1%
-0.7 pts
Bachelor's+
37.4% → 40.8%
+3.4 pts
Median age
37.9 → 37.3
-0.6 yrs

On the earnings side, the typical household in ZIP 99515 in Anchorage, AK now reports about $113,995, up from $103,942 in 2021. Census counts show ZIP 99515 in Anchorage, AK adding about 274 residents over the five-year window, up 1.3% on net. Bachelor's-degree-or-higher attainment moved from 37.4% to 40.8% across the same window.

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Local insights

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About renting in ZIP 99515

Last updated: August 17, 2026

ZIP code 99515 covers Anchorage, AK. The median rent here is $2,191/mo as of August 2026. A 1-bedroom rents for a median of $1,480/mo. A 2-bedroom rents for a median of $1,940/mo.

At 23% of local median household income ($113,995/yr), ZIP 99515 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 99515?

As of August 17, 2026, the median monthly rent in ZIP 99515 (Anchorage, AK) is $2,191. This is based on aggregated data from public sources and community submissions.

How does ZIP 99515 rent compare to the US average?

ZIP 99515's median rent of $2,191/mo is $229 (12%) above the US national median of $1,962/mo.

How does ZIP 99515 compare to other ZIPs in Alaska?

ZIP 99515 is one of the pricier ZIP codes in Alaska, ranking #3 out of 13 ZIPs tracked at $2,191/mo.

How much income do you need to rent in ZIP 99515?

To keep rent at or below 30% of gross income, you would need to earn at least $88,000/year (~$42/hour full-time) to afford the median rent of $2,191/mo in ZIP 99515. The local median household income is $113,995/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 99515?

Rent in ZIP 99515 has increased 4.4% over the past year as of August 17, 2026, putting upward pressure on renter budgets.

Is ZIP 99515 an affordable place to rent?

ZIP 99515 is considered very affordable for renters. At $2,191/mo, rent takes approximately 23% of the local median household income ($113,995/yr). The standard benchmark is 30%. ZIP 99515 falls comfortably within that range.

What percentage of ZIP 99515 residents rent vs. own?

According to Census data, approximately 21.1% of ZIP 99515 households are renters, while 78.9% are owner-occupied. ZIP 99515 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 99515 compare to the rest of Anchorage?

ZIP 99515 is pricier than Anchorage as a whole. At $2,191/mo, it's $461 above the Anchorage citywide median of $1,730/mo.

When was rent data for ZIP 99515 last updated?

Rent data for ZIP 99515 reflects August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $2,191/mo, rent takes ~23% of ZIP 99515's median household income ($113,995/yr). The standard benchmark is 30%.

ZIP 99515 23%Benchmark 30%
State income taxNone
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