Rent by ZIP · Anchorage Municipality
Rent in Anchorage, AK 99516
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,860 (-9.7% vs FY2026). Renters in this ZIP code pay a median $1,314 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,330 | $1,460 | -8.9% | $1,197–1,463 | – |
| 1 bedroom | $1,420 | $1,570 | -9.6% | $1,278–1,562 | $793 ±$465 |
| 2 bedrooms | $1,860 | $2,060 | -9.7% | $1,674–2,046 | – |
| 3 bedrooms | $2,580 | $2,860 | -9.8% | $2,322–2,838 | $1,873 ±$1,080 |
| 4 bedrooms | $3,120 | $3,460 | -9.8% | $2,808–3,432 | $2,833 ±$2,613 |
Small Area FMRs for the Anchorage, AK HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Anchorage, AK HUD Metro FMR Area, 2 bedrooms: $1,529.
What renters pay in 99516
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 99515 | Anchorage | $1,790 | $1,640 |
| 99517 | Anchorage | $1,470 | $1,396 |
| 99518 | Anchorage | $1,710 | $1,621 |
| 99508 | Anchorage | $1,510 | $1,475 |
| 99507 | Anchorage | $1,630 | $1,525 |
| 99506 | Jber | $2,060 | $1,943 |
Fair Market Rents across Anchorage Municipality, AK · All AK counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.