2026 Affordability Data
Most Affordable Neighborhoods in Anchorage municipality - 2026 Data
The median home value in Anchorage municipality is $363,800, 29% above nat'l avg. Median rent is $600/month. With an affordability index of 398, Anchorage municipality is more affordable than the national baseline of 100. We ranked 20 neighborhoods by affordability to help you find the best value in the Anchorage municipality, AK area.
Key Takeaways: Affordability in Anchorage municipality
- 1The most affordable neighborhood in Anchorage municipality is Tanaina CDP, with a median home value of $288,600.
- 2Anchorage municipality's median home value is $363,800, 29% above nat'l avg (national: $281,900).
- 3Anchorage municipality's affordability index is 398 (baseline 100), making it more affordable than the national average.
- 4Median rent in Anchorage municipality is $600/month, 48% below nat'l avg (national: $1,163/month).
- 5We analyzed 20 neighborhoods in Anchorage municipality to find the most affordable areas based on home values, rent, and affordability index.
Anchorage municipality Affordability Overview
Median Home Value
$363,800
29% above nat'l avg
Median Rent
$600/mo
48% below nat'l avg
Median Income
$95,731
28% above nat'l avg
Affordability Index
398
298% above nat'l avg
Most Affordable Neighborhoods in Anchorage municipality (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | Tanaina CDPTanaina CDP, AK | $288,600 |
| 2 | Badger CDPBadger CDP, AK | $274,600 |
| 3 | Knik-Fairview CDPKnik-Fairview CDP, AK | $287,000 |
| 4 | North Lakes CDPNorth Lakes CDP, AK | $311,300 |
| 5 | College CDPCollege CDP, AK | $275,100 |
| 6 | South Lakes CDPSouth Lakes CDP, AK | $347,700 |
| 7 | Nikiski CDPNikiski CDP, AK | $291,200 |
| 8 | Goldstream CDPGoldstream CDP, AK | $276,200 |
| 9 | Meadow Lakes CDPMeadow Lakes CDP, AK | $287,900 |
| 10 | Steele Creek CDPSteele Creek CDP, AK | $309,900 |
| 11 | Sterling CDPSterling CDP, AK | $332,400 |
| 12 | Gateway CDPGateway CDP, AK | $397,400 |
| 13 | Farmers Loop CDPFarmers Loop CDP, AK | $289,800 |
| 14 | Mill Bay CDPMill Bay CDP, AK | $428,000 |
| 15 | Big Lake CDPBig Lake CDP, AK | $275,900 |
| 16 | Ester CDPEster CDP, AK | $260,300 |
| 17 | Fishhook CDPFishhook CDP, AK | $338,200 |
| 18 | Chena Ridge CDPChena Ridge CDP, AK | $359,000 |
| 19 | Butte CDPButte CDP, AK | $297,100 |
| 20 | Farm Loop CDPFarm Loop CDP, AK | $351,500 |
Detailed Neighborhood Profiles
Home Value: $288,600
Rent: $600/mo
Affordability: 398
Population: 9,682
Walk Score: 0/100
Home Value: $274,600
Rent: $600/mo
Affordability: 398
Population: 19,182
Walk Score: 0/100
Home Value: $287,000
Rent: $600/mo
Affordability: 398
Population: 18,619
Walk Score: 0/100
4
Home Value: $311,300
Rent: $600/mo
Affordability: 398
Population: 10,262
Walk Score: 0/100
5
Home Value: $275,100
Rent: $600/mo
Affordability: 398
Population: 12,376
Walk Score: 0/100
6
Home Value: $347,700
Rent: $1,183/mo
Population: 6,414
Walk Score: 0/100
7
Home Value: $291,200
Rent: $967/mo
Population: 4,405
8
Home Value: $276,200
Rent: $766/mo
Population: 2,798
Walk Score: 0/100
9
Home Value: $287,900
Rent: $1,244/mo
Population: 8,773
Walk Score: 0/100
10
Home Value: $309,900
Rent: $980/mo
Population: 6,542
Walk Score: 0/100
11
Home Value: $332,400
Rent: $1,050/mo
Population: 6,307
Walk Score: 0/100
12
Home Value: $397,400
Rent: $1,384/mo
Population: 6,241
Walk Score: 0/100
13
Home Value: $289,800
Rent: $1,298/mo
Population: 4,179
14
Home Value: $428,000
Rent: $1,903/mo
Population: 3,617
15
Home Value: $275,900
Rent: $1,129/mo
Population: 3,232
16
Home Value: $260,300
Rent: $743/mo
Population: 2,989
17
Home Value: $338,200
Rent: $1,772/mo
Population: 5,115
18
Home Value: $359,000
Rent: $1,145/mo
Population: 5,321
19
Home Value: $297,100
Rent: $1,533/mo
Population: 3,752
20
Home Value: $351,500
Rent: $1,500/mo
Population: 2,561
Frequently Asked Questions About Affordability in Anchorage municipality
What is the most affordable neighborhood in Anchorage municipality, AK?▾
Based on 2026 data, Tanaina CDP is the most affordable neighborhood in Anchorage municipality with a median home value of $288,600. Kurby analyzed 20 neighborhoods in the Anchorage municipality area to compile these rankings.
What is the median home price in Anchorage municipality, AK?▾
The median home price in Anchorage municipality is $363,800, which is 29% above nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Anchorage municipality affordable compared to the national average?▾
Anchorage municipality has an affordability index of 398, which means housing is more 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 municipality, AK?▾
The median monthly rent in Anchorage municipality is $600. This is 48% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Anchorage municipality?▾
The median household income in Anchorage municipality is $95,731 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 municipality are below the national average home price?▾
5 out of 20 ranked neighborhoods in Anchorage municipality have a median home value below the national average of $281,900. The most affordable is Badger CDP at $274,600 (Source: Kurby, 2026).