Last updated
Average Rent in Anchorage 99503 & Rent Trends
Rent prices and market trends across 1 apartment community in Anchorage 99503, Anchorage, AK. Updated daily.
Market Average
$1,599/mo
▼ 9.2% from last month
Lowest Available
$1,300/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
7
available now
Anchorage 99503 vs Anchorage, AK Average
Anchorage 99503 is cheaper the Anchorage, AK average by $120/mo (7%). The citywide average is $1,719/mo across all neighborhoods.
Is Rent Going Up or Down in Anchorage 99503?
As of May 2026, the average rent in Anchorage 99503 is $1,599 per month across 1 apartment community and 7 available units. Rents have decreased $157 (9.2%) over the past month.
The most affordable option is Buyers Real Estate Property Management starting at $1,300/mo. By unit type, a 2-bedroom averages $1,599/mo.
Prices range from $1,300 to $2,200 per month. The most common price point is the $1,400 range, where 3 units are currently listed.
Anchorage 99503 Rent Price History
Rent Price Distribution
Rent by Bedroom Type in Anchorage 99503
Rent Prices by Apartment in Anchorage 99503
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Buyers Real Estate Property Management | $1,300/mo | $1,599/mo | 7 | 5 |
Google Search Trends for Anchorage 99503 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Anchorage 99503
What is the average rent in Anchorage 99503?
Is rent going up or down in Anchorage 99503?
What is the cheapest apartment in Anchorage 99503?
How many apartments are available in Anchorage 99503?
What salary do I need to live comfortably in Anchorage 99503?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$64,000/year
30 percent rule -- using our average rent of $1,599/mo.
Comfortable income
$77,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,300/mo), you need to earn at least $52,000/year.
Median household income in Anchorage 99503 is $98,152 , about 28% above the comfortable-living threshold.
Cost of living in Anchorage 99503
Overall prices in Anchorage 99503 runs above the national average by about 7% (BEA Regional Price Parity index 106.8, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Anchorage 99503's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,599 |
| Utilities | $519 |
| Groceries | $564 |
| Transportation | $1,238 |
| Healthcare | $604 |
| Other goods and services | $966 |
| Estimated total | $5,490/mo |
Population
289,069
Median household income
$98,152
Census median rent
$1,453/mo
Rent as % of income
29.1%
Median age
34.9
Mean commute
19 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Anchorage 99503 Apartments
Browse all 1 communities with daily-updated pricing and availability.