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ZIP Code · AK

ZIP 99517

Pop. 16,486·Anchorage Borough·11th most expensive ZIP in Alaska
Median rent (all units)
$1,631/mo
Year-over-Year
+8.6%
Month-over-Month
-5.1%
vs US Median
-$334
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 99517 · $1,631
More affordable than 64% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,040
1 BR
$1,120
2 BR
$1,470
3 BR
$2,040
4 BR+
$2,470
Research median
$1,470/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: July 20, 2026

Annual cost
$19,572/yr
At $1,631/mo median
Location
StateAK
CountyAnchorage Borough
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+8.6% YoY, -5.1% MoM), not inventory.
Demographics

Who lives here

ZIP 99517 (Anchorage, AK) is majority owner-occupied, has a median income above the national average, 42.9% of residents hold a bachelor's degree or higher.

Population
16,486
Median income
$103,880
Median age
39.7
Renters
39.9%
Age distribution
21%
22%
28.2%
13%
15.8%
Under 1821%
18–3422%
35–5428.2%
55–6413%
65+15.8%
Gender
50.6%
49.4%
Male50.6%
Female49.4%
Race & ethnicity
60.6%
19%
White60.6%
Black4.1%
Hispanic8%
Asian8.3%
Other19%
Education (25+)
22%
30.3%
42.9%
No HS diploma4.9%
HS diploma22%
Some college30.3%
Bachelor's+42.9%
Housing tenure
60.1%
39.9%
Owner60.1%
Renter39.9%

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

2021 vs 2026

How ZIP 99517 in Anchorage, AK has changed in 5 years

Income
$85,964 → $103,880
up 20.8%
Population
16,014 → 16,486
up 2.9%
Renter share
39.9% → 39.9%
+0.0 pts
Bachelor's+
43.4% → 42.9%
-0.5 pts
Median age
39.2 → 39.7
+0.5 yrs

Local incomes tracked alongside that move, going from a median of $85,964 in 2021 to $103,880 more recently. Census counts show ZIP 99517 in Anchorage, AK adding about 472 residents over the five-year window, up 2.9% on net.

Community

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Local insights

Tips for renters in ZIP 99517

About renting in ZIP 99517

Last updated: July 20, 2026

ZIP code 99517 covers Anchorage, AK. The median rent here is $1,631/mo as of July 2026. A 1-bedroom rents for a median of $1,120/mo. A 2-bedroom rents for a median of $1,470/mo.

At 19% of local median household income ($103,880/yr), ZIP 99517 ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 99517?

As of July 20, 2026, the median monthly rent in ZIP 99517 (Anchorage, AK) is $1,631. This is based on aggregated data from public sources and community submissions.

How does ZIP 99517 rent compare to the US average?

ZIP 99517's median rent of $1,631/mo is $334 (17%) below the US national median of $1,965/mo.

How does ZIP 99517 compare to other ZIPs in Alaska?

ZIP 99517 is among the more affordable ZIP codes in Alaska, ranking #11 out of 14 ZIPs at $1,631/mo.

How much income do you need to rent in ZIP 99517?

To keep rent at or below 30% of gross income, you would need to earn at least $65,000/year (~$31/hour full-time) to afford the median rent of $1,631/mo in ZIP 99517. The local median household income is $103,880/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 99517?

Rent in ZIP 99517 has increased 8.6% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 99517 an affordable place to rent?

ZIP 99517 is considered very affordable for renters. At $1,631/mo, rent takes approximately 19% of the local median household income ($103,880/yr). The standard benchmark is 30%. ZIP 99517 falls comfortably within that range.

What percentage of ZIP 99517 residents rent vs. own?

According to Census data, approximately 39.9% of ZIP 99517 households are renters, while 60.1% are owner-occupied. ZIP 99517 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 99517 compare to the rest of Anchorage?

ZIP 99517 is more affordable than Anchorage overall. At $1,631/mo, it's $79 below the Anchorage citywide median of $1,710/mo.

When was rent data for ZIP 99517 last updated?

Rent data for ZIP 99517 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
19%
VERY AFFORDABLE

At $1,631/mo, rent takes ~19% of ZIP 99517's median household income ($103,880/yr). The standard benchmark is 30%.

ZIP 99517 19%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 99517 (Anchorage, AK)

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