Long-term Rental Rates — September 2026 · ZIPs: 99507,99515,99516,99518
Local market data by Estaite
As of September 2026, rental prices in South Anchorage (99507, 99515, 99516, 99518), in the Anchorage metro area, range from $1,463 to $3,401 per month depending on property type and bedroom count.
The most significant year-over-year increase is 6.46%, seen in both single-family 2BR and 4BR rentals in South Anchorage, AK.
For 2-bedroom units, single-family homes have a median rent of $2,066, higher than apartments at $1,752 and condos/townhomes at $1,891.
What are the current rent prices in South Anchorage, Alaska as of September 2026?
Rental prices in South Anchorage, AK, for September 2026 range from $1,463 per month for a 1BR condo/townhome up to $3,401 for a 4BR single-family home.
Which rental segment in South Anchorage, AK shows an unusual rent change in September 2026?
The most outlier movement is a 6.25% month-over-month decrease for 3BR single-family homes, where the median rent fell to $2,685.
For 2-bedroom homes in South Anchorage, AK, which property type stands out for highest median rent in September 2026?
Single-family 2BR rentals lead with a median rent of $2,066, outperforming apartments at $1,752 and condos/townhomes at $1,891.
What is the highest rent for any property and bedroom combination in South Anchorage, Alaska in September 2026?
The most expensive rental category is 4BR single-family homes at $3,401 per month in South Anchorage, AK as of September 2026.
South Anchorage, AK· Anchorage metro
September 2026
99507,99515,99516,99518
Long-term Rental Rates
Long-term rental rates for South Anchorage (99507,99515,99516,99518), in the Anchorage metro area, as of September 2026.
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,412 – $1,521
1.09%
5.26%
2-Bedroom
$1,682 – $1,822
-0.94%
2.67%
3-Bedroom
$2,268 – $2,457
-3.13%
0.81%
4-Bedroom
$2,996 – $3,226
0.57%
5.01%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,431 – $1,495
0.82%
4.43%
2-Bedroom
$1,830 – $1,951
2.26%
4.33%
3-Bedroom
$2,499 – $2,691
1.47%
3.04%
4-Bedroom
$3,015 – $3,196
0.54%
5.18%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,524 – $1,590
-0.17%
5.56%
2-Bedroom
$1,993 – $2,138
4.77%
6.46%
3-Bedroom
$2,605 – $2,766
-6.25%
-1.43%
4-Bedroom
$3,265 – $3,537
-0.78%
6.46%
Data updated: October 19, 2026
South Anchorage Rental Trends · Anchorage metro
In the South Anchorage (99507, 99515, 99516, 99518) rental market, 1-bedroom apartments saw a 2.09% month-over-month rise, reaching a median rent of $1,433 in August 2026. Year-over-year, rents for this segment climbed 5.44%, making it one of the faster-growing options for smaller units.
Rent for 3-bedroom condo/townhomes in South Anchorage (99507, 99515, 99516, 99518) declined -3.03% month-over-month, settling at $2,562. In contrast, 3BR apartments moved upward by 2.67%, reaching $2,447, which narrows the gap between these property types for larger renters.
According to South Anchorage (99507, 99515, 99516, 99518) rental trends, 4-bedroom single-family homes led yearly rent increases, jumping 7.58% YoY to $3,444. This annual growth outpaces 4BR condos/townhomes, which saw a 5.41% gain and reached $3,066, highlighting stronger appreciation in detached homes.