Long-term Rental Rates — June 2026 · ZIPs: 99507,99515,99516,99518
Local market data by Estaite
As of June 2026, rental prices in South Anchorage, AK range from $1,399 to $3,354 per month depending on property type and bedroom count.
The largest year-over-year increase occurred in single-family 2BR homes, which rose 8.23% over the past year.
For 3BR units, single-family homes rent for $2,740, higher than condos/townhomes at $2,621 and apartments at $2,333.
What is the overall rent range in South Anchorage, AK for June 2026?
The June 2026 rent spectrum in South Anchorage, AK spans from $1,399 for 1BR condos/townhomes up to $3,354 for 4BR single-family homes.
Are rents in South Anchorage, AK trending upward or downward across property types as of June 2026?
Most segments show year-over-year rent increases, such as apartment 1BR units up 3.20%, apartment 2BR up 6.60%, and single-family 2BR up 8.23% in June 2026.
Which segment in South Anchorage, AK stands out as an outlier in June 2026?
4BR single-family homes have the highest median rent at $3,354, making them an outlier in South Anchorage, AK for June 2026.
What is the most affordable rental option in South Anchorage, AK in June 2026?
The lowest median rent is $1,399 for 1BR condos/townhomes in South Anchorage, AK as of June 2026.
South Anchorage, AK
June 2026
99507,99515,99516,99518
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,352 – $1,456
-1.82%
3.20%
2-Bedroom
$1,657 – $1,832
1.32%
6.60%
3-Bedroom
$2,223 – $2,443
0.79%
3.37%
4-Bedroom
$2,972 – $3,138
1.06%
5.40%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,378 – $1,420
0.97%
1.27%
2-Bedroom
$1,765 – $1,882
-0.14%
4.52%
3-Bedroom
$2,517 – $2,726
1.56%
8.16%
4-Bedroom
$2,936 – $3,102
1.70%
5.44%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,447 – $1,512
-1.93%
4.38%
2-Bedroom
$1,961 – $2,104
3.74%
8.23%
3-Bedroom
$2,639 – $2,842
-0.20%
3.38%
4-Bedroom
$3,220 – $3,488
3.41%
7.52%
Data updated: July 19, 2026
In the South Anchorage (99507, 99515, 99516, 99518) rental market, 2-bedroom apartments reached a median rent of $1,762, reflecting an 8.64% year-over-year increase and rising 1.15% month-over-month. This upward movement highlights growing demand and continued price appreciation for mid-sized apartment units in this area.
While apartment rents climbed, single-family homes in South Anchorage (99507, 99515, 99516, 99518) presented a contrasting trend for 2-bedroom properties, dropping 1.64% month-over-month to $1,918. This segment’s negative movement stands out amid apartment and condo gains, indicating more subdued demand for smaller single-family rentals.
Among all segments, South Anchorage (99507, 99515, 99516, 99518) rental trends show that 4-bedroom single-family homes posted the highest median rent at $3,233. This unit type advanced 0.55% month-over-month and saw rents rise 6.43% year-over-year, underscoring continued strength in the larger home category.