2026 Affordability Data
Most Affordable Neighborhoods in Anchorage - 2026 Data
The median home value in Anchorage is $320,000, 14% above nat'l avg. Median rent is $1,047/month. With an affordability index of 73, Anchorage is less affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Anchorage, AK area.
Key Takeaways: Affordability in Anchorage
- 1The most affordable neighborhood in Anchorage is Wasilla, with a median home value of $302,200.
- 2Anchorage's median home value is $320,000, 14% above nat'l avg (national: $281,900).
- 3Anchorage's affordability index is 73 (baseline 100), making it less affordable than the national average.
- 4Median rent in Anchorage is $1,047/month, 10% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Anchorage to find the most affordable areas based on home values, rent, and affordability index.
Anchorage Affordability Overview
Median Home Value
$320,000
14% above nat'l avg
Median Rent
$1,047/mo
10% below nat'l avg
Median Income
$80,820
8% above nat'l avg
Affordability Index
73
27% below nat'l avg
Most Affordable Neighborhoods in Anchorage (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | WasillaAK | $302,200 |
| 2 | Anchorage municipalityAK | $363,800 |
| 3 | North PoleAK | $261,800 |
| 4 | Juneau city and boroughAK | $404,600 |
| 5 | Sitka city and boroughAK | $424,700 |
| 6 | SewardAK | $271,000 |
| 7 | ValdezAK | $251,100 |
| 8 | FairbanksAK | $262,000 |
| 9 | KodiakAK | $283,000 |
| 10 | KetchikanAK | $304,300 |
| 11 | BethelAK | $340,100 |
| 12 | UnalaskaAK | $434,200 |
| 13 | NomeAK | $333,300 |
| 14 | CordovaAK | $341,100 |
| 15 | KotzebueAK | $251,900 |
Detailed Neighborhood Profiles
Home Value: $302,200
Rent: $600/mo
Affordability: 398
Population: 9,267
Walk Score: 0/100
Home Value: $363,800
Rent: $600/mo
Affordability: 398
Population: 290,674
Walk Score: 0/100
Home Value: $261,800
Rent: $1,382/mo
Population: 2,816
4
Home Value: $404,600
Rent: $1,464/mo
Population: 32,108
5
Home Value: $424,700
Rent: $1,309/mo
Population: 8,462
Walk Score: 0/100
6
Home Value: $271,000
Rent: $1,125/mo
Population: 2,768
Walk Score: 0/100
7
Home Value: $251,100
Rent: $1,408/mo
Population: 3,935
8
Home Value: $262,000
Rent: $1,404/mo
Population: 32,496
9
Home Value: $283,000
Rent: $1,348/mo
Population: 5,584
10
Home Value: $304,300
Rent: $1,214/mo
Population: 8,168
Walk Score: 0/100
11
Home Value: $340,100
Rent: $1,546/mo
Population: 6,312
Walk Score: 0/100
12
Home Value: $434,200
Rent: $1,732/mo
Population: 4,342
13
Home Value: $333,300
Rent: $1,626/mo
Population: 3,710
14
Home Value: $341,100
Rent: $1,375/mo
Population: 2,507
15
Home Value: $251,900
Rent: $1,633/mo
Population: 3,088
Frequently Asked Questions About Affordability in Anchorage
What is the most affordable neighborhood in Anchorage, AK?▾
Based on 2026 data, Wasilla is the most affordable neighborhood in Anchorage with a median home value of $302,200. Kurby analyzed 15 neighborhoods in the Anchorage area to compile these rankings.
What is the median home price in Anchorage, AK?▾
The median home price in Anchorage is $320,000, which is 14% above nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Anchorage affordable compared to the national average?▾
Anchorage has an affordability index of 73, which means housing is less affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Anchorage, AK?▾
The median monthly rent in Anchorage is $1,047. This is 10% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Anchorage?▾
The median household income in Anchorage is $80,820 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Anchorage are below the national average home price?▾
5 out of 15 ranked neighborhoods in Anchorage have a median home value below the national average of $281,900. The most affordable is North Pole at $261,800 (Source: Kurby, 2026).