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Renting · Section 8

Data from November 2026

Renting in Anchorage Municipality, Alaska

Anchorage Municipality has a HUD fair market rent of $1,529 a month for 2 bedrooms (Fiscal year 2027). Renter households here pay a typical rent of $1,489 a month (Average 2020–2024). Paying the fair market rent without going over 30% of income takes $29.40 an hour, full time.

Figure your move-in cash Section 8 here
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Fair market rent, 2 bedrooms
$1,529
a month, HUD, Fiscal year 2027
About the same as in Alaska
Typical rent
$1,489
a month, Census, Average 2020–2024
5% more than in Alaska
Wage needed
$29.40
an hour, 2 bedrooms
Or $61,160 a year, to spend no more than 30% of income on rent.
Rent-burdened households
46%
spend 30% or more of income on rent
4% more than in Alaska

Source: Fair Market Rents (HUD) Fiscal year 2027 Fair Market Rents (HUD) Source: American Community Survey (ACS) 5-year estimates Average 2020–2024 American Community Survey (ACS) 5-year estimates

Only here

Renting in Anchorage Municipality: what sets it apart

What this place has that others do not, from public data, most unusual first.

  1. Anchorage Municipality has the highest typical rent in its area: $1,489, more than any of its 6 neighboring places; next is Fairbanks North Star Borough ($1,459).

  2. At $103,284, Anchorage Municipality ranks 2nd among the 30 places in Alaska for the highest typical household income.

Sources: U.S. Census Bureau (Average 2020–2024).

Fair market rent

What HUD sets for each size

Every year HUD (the U.S. Department of Housing and Urban Development) publishes a Fair Market Rent (FMR) for each home size in Anchorage Municipality. It is used to work out how much a Section 8 voucher covers. The table shows what you need to earn to pay it without spending more than 30% of income.

The fair market rent covers rent plus basic utilities, except the phone. HUD generally sets it at the 40th percentile: 4 in 10 standard-quality homes rented recently cost less. 24 CFR §888.113(a)

According to Zillow (ZORI), the typical asking rent in Anchorage Municipality was $1,900 a month in September 2026: 4% more than 12 months ago. It is an index of market listings, not a HUD limit. Zillow data

Fair market rent and wage needed To pay the fair market rent without spending more than 30% of income, working full time (40 hours a week).
Size Fair rent per month Hourly wage Income needed per year
Studio $1,095 $21.06 $43,800
1 bedroom $1,169 $22.48 $46,760
2 bedrooms $1,529 $29.40 $61,160
3 bedrooms $2,117 $40.71 $84,680
4 bedrooms $2,556 $49.15 $102,240

HUD area: Anchorage, AK HUD Metro FMR Area. Source: HUD, Fiscal year 2027

By ZIP code

The fair market rent for your ZIP code

HUD also publishes fair market rents by ZIP code (Small Area FMRs) for 17 ZIP codes in Anchorage Municipality (Fiscal year 2027). Type yours to see it.

For 2 bedrooms they run from $1,470 in 99517 to $2,290 in 99505. 14 ZIP codes are above the county's fair market rent ($1,529).

Where HUD designates these areas, or where the housing agency chooses to use them, the voucher is figured on the ZIP code's rent instead of the county's. Ask your agency which one it uses. 24 CFR §982.503(a)(1)

Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD)

Rent burden

How many households spend too much

HUD counts rent as a burden when it reaches 30% of income or more. In Anchorage Municipality, 46% of renter households are in that position; in Alaska, 45%, and nationwide, 51% (Average 2020–2024, Census).

Paying too much rent leaves little for food, transportation and savings. If that is you, the agencies below can guide you for free.

46%

of renter households spend 30% or more of their income on rent.

39,204 households rent in Anchorage Municipality

  • Spend half or more of their income 21%
  • Spend 30% or more, but less than half 26%
  • Spend less than 30% 54%

Compared with the state and the country

  • Anchorage 46%
  • Alaska 45%
  • United States 51%

Low-income apartments

Low-income apartments in Anchorage Municipality

HUD lists 62 properties with homes for low-income households in Anchorage Municipality: tax-credit apartments (LIHTC), HUD-assisted buildings and public housing. They run from the most low-income homes to the fewest.

with tax credits (LIHTC)
34
HUD-assisted
26
public housing
3

3,537 homes in all; 2,774 of them low-income, according to HUD.

  • Anchorage East Public housing 320 N Lane St, Anchorage 99508 188 low-income homes · Run by Alaska Housing Finance Corporation · Average payment: $894 a month · Homes at several sites · (907) 330-8432
  • Chester Park Estates Tax credit (LIHTC) · HUD-assisted 1019 E 20th Ave, Anchorage 99501 180 low-income homes · 1 bd: 16 · 2 bd: 28 · 3 bd: 76 · 4 bd: 60 · In service since 2001 · For families · (907) 277-9564
  • Anchorage South Public housing 801 Karluk St, Anchorage 99501 180 homes, 177 low-income · Run by Alaska Housing Finance Corporation · Average payment: $971 a month · Homes at several sites · (907) 330-8432
  • Jewel Lake Villa Apartments HUD-assisted 8980 Blackberry St, Anchorage 99502 129 homes, 123 low-income · For families · (907) 243-0718
  • Anchorage Central Public housing 1281 E 19th Ave, Anchorage 99501 120 low-income homes · Run by Alaska Housing Finance Corporation · Average payment: $486 a month · (907) 330-8432
  • Chugach View HUD-assisted 1280 E 17th Ave, Anchorage 99501 120 low-income homes · For older adults · (907) 272-9617
  • Jewell Lake Villa Tax credit (LIHTC) 3640 W 88th Ave, Anchorage 99502 125 homes, 110 low-income · In service since 2003 · For families
  • Chester Creek Estates Tax credit (LIHTC) 5802 E Northern Lights Blvd, Anchorage 99504 100 low-income homes · 1 bd: 20 · 2 bd: 44 · 3 bd: 24 · 4 bd: 12 · In service since 2001
  • Hampstead Heath Apts Tax credit (LIHTC) Hampstead CT, Anchorage 99518 88 low-income homes · 2 bd: 44 · 3 bd: 44 · In service since 1995
  • Spruce View Tax credit (LIHTC) 10601 Spruce View Loop, Anchorage 99507 82 low-income homes · 2 bd: 46 · 3 bd: 36 · In service since 1993
  • Brighton Park Tax credit (LIHTC) 360 Bragaw St, Anchorage 99508 80 low-income homes · 3 bd: 80 · In service since 1998
  • Loussac Place Apts Tax credit (LIHTC) 200 W 20th Ave, Anchorage 99503 120 homes, 76 low-income · 1 bd: 28 · 2 bd: 40 · 3 bd: 38 · 4 bd: 14 · In service since 2012 · For people with disabilities, families, people experiencing homelessness
  • The Adelaide Tax credit (LIHTC) 9th Ave, Anchorage 99501 73 homes, 71 low-income · 1 bd: 71 · 2 bd: 2 · In service since 1997 · For people experiencing homelessness
  • Strawberry Village Tax credit (LIHTC) 7788 Strawberry Cottage Way, Anchorage 99502 60 low-income homes · 2 bd: 30 · 3 bd: 30 · In service since 2002
  • Chester Creek Estates HUD-assisted 5816 E Northern Lights Blvd, Anchorage 99504 100 homes, 56 low-income · For families · (907) 337-1911
  • Grass Creek Village I Tax credit (LIHTC) 7700 Creekside Center Dr, Anchorage 99504 80 homes, 56 low-income · 1 bd: 12 · 2 bd: 27 · 3 bd: 28 · 4 bd: 13 · In service since 2008 · For families
  • Kenaitze Pointe Tax credit (LIHTC) 8871 Centennial Cir, Anchorage 99504 53 low-income homes · 1 bd: 47 · 2 bd: 6 · In service since 2003 · For older adults
  • Eklutna Estates Tax credit (LIHTC) 8850 Centennial Cir, Anchorage 99504 59 homes, 51 low-income · 1 bd: 46 · 2 bd: 13 · In service since 2010 · For older adults
  • Loussac Sogn Sro Tax credit (LIHTC) 429 D St, Anchorage 99501 52 homes, 50 low-income · Studio: 50 · 1 bd: 2 · In service since 1994
  • Loussac-Sogn Tax credit (LIHTC) 429 D St, Anchorage 99501 52 homes, 50 low-income · Studio: 50 · 1 bd: 2 · In service since 1994
  • Southside Seniors Inc Tax credit (LIHTC) 9480 Morningside Loop, Anchorage 99515 48 low-income homes · 1 bd: 48 · In service since 1997 · For older adults
  • Mountain View Village II Tax credit (LIHTC) 4211 Mountain View Dr, Anchorage 99508 47 low-income homes · 1 bd: 8 · 2 bd: 22 · 3 bd: 15 · 4 bd: 2 · In service since 2006 · For families
  • Access Apts Tax credit (LIHTC) 9200 Independence Dr, Anchorage 99507 42 homes, 41 low-income · 1 bd: 6 · 2 bd: 24 · 3 bd: 12 · In service since 1996
  • Coronado Park Tax credit (LIHTC) 16820 Coronado Rd, Eagle River 99577 56 homes, 40 low-income · Studio: 1 · 1 bd: 39 · 2 bd: 16 · In service since 2014 · For older adults, people with disabilities, people experiencing homelessness
  • Mountain View Village III Tax credit (LIHTC) 4211 Mountain View Dr, Anchorage 99508 38 low-income homes · Studio: 4 · 1 bd: 10 · 3 bd: 20 · 4 bd: 4 · In service since 2007 · For families, people experiencing homelessness
  • Tyonek Terrace Tax credit (LIHTC) 9141 Peck Ave, Anchorage 99504 40 homes, 35 low-income · 1 bd: 35 · 2 bd: 5 · In service since 2004 · For older adults
  • Trailside Heights III Tax credit (LIHTC) 2773 Trailside Loop, Anchorage 99507 35 low-income homes · 2 bd: 14 · 3 bd: 21 · In service since 2015
  • Birchwood Tax credit (LIHTC) 16411 Home Pl, Eagle River 99577 57 homes, 34 low-income · 2 bd: 57 · In service since 2011
  • Mountain View Village IV Tax credit (LIHTC) 4210 Mountain View Dr, Anchorage 99508 34 low-income homes · 1 bd: 2 · 2 bd: 15 · 3 bd: 12 · 4 bd: 5 · In service since 2011 · For people with disabilities, people experiencing homelessness
  • Trailside Heights I Tax credit (LIHTC) 2785 Trailside Loop, Anchorage 99507 66 homes, 33 low-income · 2 bd: 20 · 3 bd: 46 · In service since 2013 · For people with disabilities, families
  • Stephens Park Apartments HUD-assisted 3200 Latouche St, Anchorage 99508 160 homes, 31 low-income · For families · (907) 677-8424
  • Creekside Manor Tax credit (LIHTC) 7401 Foxridge Way, Anchorage 99518 79 homes, 30 low-income · Studio: 3 · 1 bd: 8 · 2 bd: 68 · In service since 1999
  • Creekside Alyeska Tax credit (LIHTC) PO Box 676, Girdwood 99587 30 homes, 29 low-income · 1 bd: 8 · 2 bd: 22 · In service since 2001
  • Mountain View Village I Tax credit (LIHTC) 3510 Spenard Rd, Anchorage 99503 28 low-income homes · 2 bd: 16 · 3 bd: 12 · In service since 2004 · For families
  • Commodore Park Plaza HUD-assisted 10415 Jamestown Dr, Anchorage 99507 25 homes, 24 low-income · For older adults · (907) 522-8000
  • Hillpoint Park Appartments Tax credit (LIHTC) 315 Barrow St, Anchorage 99501 24 homes, 23 low-income · 1 bd: 6 · 2 bd: 10 · 3 bd: 8 · In service since 1996
  • Chugiak Senior Housing Inc. HUD-assisted 22402 Birchwood Loop Rd, Chugiak 99567 20 low-income homes · For older adults
  • Connolly Square HUD-assisted 1540 Charter Cir, Anchorage 99508 20 low-income homes · For older adults · (907) 644-6005
  • Lumen Park Apts Tax credit (LIHTC) 2778 Lumen Park Dr, Anchorage 99507 20 low-income homes · 1 bd: 8 · 2 bd: 12 · In service since 2011 · For older adults
  • Trailside Heights II Tax credit (LIHTC) 2620 Trailside Loop, Anchorage 99507 20 low-income homes · 2 bd: 8 · 3 bd: 12 · In service since 2014 · For people with disabilities, families
  • George Sullivan Manor HUD-assisted 420 E 3rd Ave, Anchorage 99501 20 homes, 19 low-income · For older adults · (907) 644-4653
  • Independence Park Manor I HUD-assisted 2401 Sentry Dr, Anchorage 99507 20 homes, 19 low-income · For older adults · (907) 929-3667
  • Independence Park Manor II HUD-assisted 2301 Sentry Dr, Anchorage 99507 20 homes, 19 low-income · For older adults · (503) 231-4922
  • Jewel Lake Plaza HUD-assisted 8300 Jewel Lake Rd, Anchorage 99502 20 homes, 19 low-income · For older adults · (907) 248-8377
  • Muldoon Manor HUD-assisted 2040 Muldoon Rd, Anchorage 99504 20 homes, 19 low-income · For older adults · (907) 338-8700
  • Russian Jack Manor HUD-assisted 1260 Delasala Pl, Anchorage 99508 20 homes, 19 low-income · For older adults · (907) 332-4083
  • Town Square Tax credit (LIHTC) 1500 Charter Cir, Anchorage 99508 90 homes, 18 low-income · 1 bd: 10 · 2 bd: 80 · In service since 2004 · For families
  • Ptarmigan Park Apartments HUD-assisted 1122 E 19th Ave, Anchorage 99501 17 low-income homes · For families · (907) 272-9617
  • The Mallary HUD-assisted 660 W 34th Ave, Anchorage 99503 97 homes, 14 low-income · (907) 563-3574
  • Discovery Luxury Rentals Tax credit (LIHTC) 310 W 76th Ave, Anchorage 99518 56 homes, 12 low-income · 2 bd: 56 · In service since 1996
  • Merrill Crossing Apartments HUD-assisted 1275 E 9th Ave, Anchorage 99501 78 homes, 10 low-income · (907) 279-8957
  • Oakhill II Apartments HUD-assisted 3900 E 4th Ave, Anchorage 99508 10 low-income homes · For people with disabilities · (907) 644-6005
  • The Roosevelt HUD-assisted 1403 W 32nd Ave, Anchorage 99503 10 low-income homes · For people with disabilities · (907) 644-6005
  • Andrew Housing Apartments HUD-assisted 4612 Camila Ct, Anchorage 99508 9 low-income homes · For people with disabilities · (907) 644-6005
  • New Neighbors HUD-assisted 247 Melody Pl, Anchorage 99504 10 homes, 8 low-income · For people with disabilities · (907) 277-6677
  • Ptarmagain View Tax credit (LIHTC) 901 W 23rd Ave, Anchorage 99503 8 low-income homes · 1 bd: 8 · In service since 1998
  • Trailpoint HUD-assisted 16650 Eagle River Rd, Eagle River 99577 30 homes, 7 low-income · (907) 748-4793
  • AASC Housing I HUD-assisted 420 E 11th Ave, Anchorage 99501 9 homes, 7 low-income · For people with disabilities · (907) 677-0940
  • Spenard East Phase I HUD-assisted 1285 Chugach Way, Anchorage 99503 29 homes, 5 low-income · (907) 793-3000
  • Hope Community Homes I HUD-assisted 9130 Seal Point Cir, Anchorage 99507 5 homes, 4 low-income · For people with disabilities · (907) 272-0643
  • Turnagain Place Apts Tax credit (LIHTC) 2708 Coho Way, Anchorage 99517 29 homes
  • Alaska Housing Finance Corporation HUD-assisted PO Box 101020, Anchorage 99510 (907) 330-8276

One property has two programs at the same address and appears once. Search HUD's map

Source: HUD, retrieved November 6, 2026. LIHTC database, updated May 14, 2025; Assisted multifamily properties, updated October 23, 2026; Public housing developments, updated October 23, 2026.

Section 8

The Section 8 voucher in Anchorage Municipality

The Housing Choice Voucher (Section 8) pays part of your rent on a home you choose. Your public housing agency runs it. 2 agencies serve in Anchorage Municipality. Here is what the rules say:

The rules, with their source

  1. You apply at the public housing agency. If you qualify, your name usually goes on a waiting list. Applicants must be U.S. citizens or noncitizens with eligible status as HUD defines it. HUD

  2. Generally, your family must have very low income: no more than 50% of the area median income, by family size (the middle column of the table). 24 CFR §5.603, §982.201(b)

  3. Each year, at least 75% of the families an agency admits from its list must have extremely low income (the 30% column). 24 CFR §982.201(b)(2)

  4. If the rent is below the payment standard, the family generally pays 30% of its adjusted monthly income. If it is above, the family pays more. 24 CFR §982.1(a)(3)

  5. When you move in, if the rent is above the payment standard, your share cannot go over 40% of your adjusted monthly income. 24 CFR §982.508

  6. Each agency sets a payment standard for each size. Without asking HUD, it can go from 90% to 110% of the fair market rent. 24 CFR §982.503(b), (c)

Mixed-status families: how assistance is figured
HUD income limits Yearly income of the whole family, before taxes.
People Extremely low (30%) Very low (50%) Low
$28,400 $47,300 $74,800
$32,450 $54,050 $85,450
$36,500 $60,800 $96,150
$41,250 $67,550 $106,800
$48,350 $73,000 $115,350
$55,450 $78,400 $123,900
$62,550 $83,800 $132,450
$69,650 $89,200 $141,000

Area median income: $135,100. HUD income limits by family size, Fiscal year 2026. Area: Anchorage, AK HUD Metro FMR Area. Source: HUD, Fiscal year 2026

How much can you earn? Check your case

Possible payment standard

  • Studio $986 – $1,205
  • 1 bedroom $1,052 – $1,286
  • 2 bedrooms $1,376 – $1,682
  • 3 bedrooms $1,905 – $2,329
  • 4 bedrooms $2,300 – $2,812

The range the rule allows: 90% to 110% of the county's fair market rent. Your agency publishes its own.

Housing agencies that serve this place

Housing agencies in Alaska Source: HUD, Retrieved November 6, 2026

Your rights as a tenant in Alaska

What Alaska law says about deposits, notices and eviction, with the citation for each rule.

See your rights, rule by rule

Compare these rules with other states →

A summary of state law, not legal advice. Cities may have additional rules.

When must they return my deposit?
14 or 30 days, depending on the case
Alaska Stat. §34.03.070(g)
If I fall behind on rent, what notice must I get?
7 days
Alaska Stat. §34.03.220(b)
How much notice ends a month-to-month rental?
30 days
Alaska Stat. §34.03.290(a)-(b)
  • Only a court order can remove youAlaska Stat. §34.03.280

Help

Where to get help with rent in Anchorage Municipality

HUD lists no counseling agencies near in Anchorage Municipality. Free legal aid and your housing agency can guide you.

See every agency in Alaska Find legal aid (lsc.gov)

Tool

How much cash do you need to move in?

It starts with the 2-bedroom fair market rent in Anchorage Municipality. Change the rent, the deposit and the fees to yours: the numbers stay in your browser.

Count power on top of the rent: in Alaska, the average home bill was $144 a month in 2024 (EIA). See electricity and gas costs

Open the full tool

Your move

We use the place's fair market rent and the state's deposit rule.

Adjust advanced details
Deposit and rent in advance
The deposit, in

Let's do the math

Cash to move in

$3,058

What you need before you get the keys.

What adds up

First month
$1,529
Security deposit
$1,529
Total
$3,058

The deposit cap

Pick your state to see whether its law caps the deposit.

Compare each state's rules →

When you'll have it

Enter what you can set aside each month to see how long it takes.

What helps

  • Ask for a receipt for every payment and keep a copy of the lease.
  • On move-in day, walk through the home and take dated photos.
  • Never send money for a home you haven't seen or a lease you haven't read.
Guide: the security depositGuide: avoiding rental scamsFamily budgetHow much rent can I afford?

This is a planning estimate, not a price. What you are asked for depends on the landlord, your lease and your state's and city's rules. It is not legal advice.

Guides

Before you sign

Frequently asked questions

What is the fair market rent in Anchorage Municipality?

According to HUD (Fiscal year 2027): Studio: $1,095; 1 bedroom: $1,169; 2 bedrooms: $1,529; 3 bedrooms: $2,117; 4 bedrooms: $2,556. It covers rent plus basic utilities, except the phone.

How much do you need to earn to rent in Anchorage Municipality?

Paying the 2-bedroom fair market rent ($1,529) without spending more than 30% of income takes $29.40 an hour full time, or $61,160 a year.

Who qualifies for Section 8 in Anchorage Municipality?

Generally, families with very low income: no more than 50% of the area median income. For 4 people, HUD's limit here is $67,550 a year (Fiscal year 2026). The family usually pays 30% of its adjusted monthly income. You apply at the housing agency.

How much does Section 8 pay in Anchorage Municipality?

The voucher pays up to your housing agency's payment standard, minus your share. The rule lets the agency set it between 90% and 110% of the fair market rent: for 2 bedrooms here, between $1,376 and $1,682 a month. Your agency publishes its figure.

Does the fair market rent change by ZIP code in Anchorage Municipality?

For 2 bedrooms they run from $1,470 in 99517 to $2,290 in 99505. Where HUD designates these areas, or where the housing agency chooses to use them, the voucher is figured on the ZIP code's rent instead of the county's. Ask your agency which one it uses.

How many low-income apartments are there in Anchorage Municipality?

HUD lists 62 properties with homes for low-income households in Anchorage Municipality: tax-credit apartments (LIHTC), HUD-assisted buildings and public housing. They run from the most low-income homes to the fewest. For tax-credit apartments and HUD-assisted buildings, you apply directly at the building's management office. They tell you whether units are open and how to apply; HUD does not have that information.

How many households spend too much on rent in Anchorage Municipality?

HUD counts rent as a burden when it reaches 30% of income or more. In Anchorage Municipality, 46% of renter households are in that position; in Alaska, 45%, and nationwide, 51% (Average 2020–2024, Census).