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ZIP Code · AK

ZIP 99577

Pop. 28,477·Anchorage Borough·1st most expensive ZIP in Alaska
Median rent (all units)
$2,509/mo
Year-over-Year
+10.2%
Month-over-Month
+6.9%
vs US Median
+$544
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 99577 · $2,509
More expensive than 79% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,430
1 BR
$1,550
2 BR
$2,030
3 BR
$2,820
4 BR+
$3,410
Research median
$2,030/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
$30,108/yr
At $2,509/mo median
Location
StateAK
CountyAnchorage Borough
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 10.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+10.2% YoY, +6.9% MoM), not inventory.
Demographics

Who lives here

ZIP 99577 (Eagle River, AK) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 47.3% of residents hold a bachelor's degree or higher.

Population
28,477
Median income
$136,900
Median age
33.8
Renters
19.7%
Age distribution
25.5%
27%
25.2%
Under 1825.5%
18–3427%
35–5425.2%
55–6410.5%
65+11.8%
Gender
50.3%
49.7%
Male50.3%
Female49.7%
Race & ethnicity
76.5%
White76.5%
Black3.6%
Hispanic7.6%
Asian3.3%
Other9%
Education (25+)
14.3%
34.7%
47.3%
No HS diploma3.8%
HS diploma14.3%
Some college34.7%
Bachelor's+47.3%
Housing tenure
80.3%
19.7%
Owner80.3%
Renter19.7%

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

2021 vs 2026

How ZIP 99577 in Eagle River, AK has changed in 5 years

Rent
$1,606 → $2,509
up 56.2%
Income
$121,694 → $136,900
up 12.5%
Population
28,264 → 28,477
up 0.8%
Renter share
25.4% → 19.7%
-5.7 pts
Bachelor's+
46.7% → 47.3%
+0.6 pts
Median age
34.5 → 33.8
-0.7 yrs

Across the past five years, the going rent in ZIP 99577 in Eagle River, AK has shifted from $1,606 to $2,509, up 56.2% since 2021. Household income in the area moved from $121,694 to $136,900 across the same window, up 12.5% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. The renter share has eased from 25.4% to 19.7%, with owner-occupied housing accounting for the remainder. Reading these numbers side by side helps frame whether current listings in ZIP 99577 in Eagle River, AK look reasonable against where the market sat half a decade ago.

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Local insights

Tips for renters in ZIP 99577

About renting in ZIP 99577

Last updated: July 20, 2026

ZIP code 99577 covers Eagle River, AK. The median rent here is $2,509/mo as of July 2026. A 1-bedroom rents for a median of $1,550/mo. A 2-bedroom rents for a median of $2,030/mo.

At 22% of local median household income ($136,900/yr), ZIP 99577 ranks as affordable compared to the national benchmark of 30%. Rents have increased 10.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 99577?

As of July 20, 2026, the median monthly rent in ZIP 99577 (Eagle River, AK) is $2,509. This is based on aggregated data from public sources and community submissions.

How does ZIP 99577 rent compare to the US average?

ZIP 99577's median rent of $2,509/mo is $544 (28%) above the US national median of $1,965/mo.

How does ZIP 99577 compare to other ZIPs in Alaska?

ZIP 99577 is one of the pricier ZIP codes in Alaska, ranking #1 out of 14 ZIPs tracked at $2,509/mo.

How much income do you need to rent in ZIP 99577?

To keep rent at or below 30% of gross income, you would need to earn at least $100,000/year (~$48/hour full-time) to afford the median rent of $2,509/mo in ZIP 99577. The local median household income is $136,900/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 99577?

Rent in ZIP 99577 has increased 10.2% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 99577 an affordable place to rent?

ZIP 99577 is considered very affordable for renters. At $2,509/mo, rent takes approximately 22% of the local median household income ($136,900/yr). The standard benchmark is 30%. ZIP 99577 falls comfortably within that range.

What percentage of ZIP 99577 residents rent vs. own?

According to Census data, approximately 19.7% of ZIP 99577 households are renters, while 80.3% are owner-occupied. ZIP 99577 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 99577 compare to the rest of Eagle River?

ZIP 99577 sits right at the Eagle River citywide median of $2,509/mo.

When was rent data for ZIP 99577 last updated?

Rent data for ZIP 99577 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $2,509/mo, rent takes ~22% of ZIP 99577's median household income ($136,900/yr). The standard benchmark is 30%.

ZIP 99577 22%Benchmark 30%
State income taxNone
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