Apartments in 99501

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$865
201 East 9th Avenue Anchorage, AK
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Income Restricted
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$1,450
Anchorage, AK
2 BR | Available Now
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How much does it cost to rent an apartment in 99501?

99501 apartments
Bed Type Average Rent Range
Studio $1,350 $810 - $1,980
1BR $1,560 $890 - $3,040
2BR $2,020 $1,040 - $3,260
3BR $2,800 $1,450 - $2,800
Find an Apartment in 99501
Looking for apartments for rent in the 99501 zip code in Anchorage, AK? Look no further! Right now, there are 97 units available for rent in this area on Rentable. The average rent in 99501 is $1,600, with studio units starting at $810.

The 99501 zip code in Anchorage, AK is home to several points of interest and community amenities. Nearby, you'll find Delaney Park, a beautiful green space perfect for outdoor activities and picnics. Additionally, the Anchorage Museum is within close proximity, offering art exhibits and cultural experiences.

Ready to find your next rental near 99501? Take a look at Rentable's apartments in Anchorage, AK and discover the one that perfectly matches what you're looking for.

Anchorage:
February Rent Report

Welcome to the February 2026 Anchorage Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the February 2026 key findings and figures for the Anchorage rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Anchorage and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Anchorage average rent prices in the chart below.

Monthly Rent Report

$1,650
$1,240
$830
$410
$0
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
Jan. 2026
Feb. 2026
1 BR       2 BR

Anchorage Rent Prices Decrease From January to February

Anchorage rent prices decreased over the last month. From January to February, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Anchorage one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from January to February, Anchorage experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Anchorage two-bedroom apartments currently stands at $.

February Prices: Anchorage vs. Surrounding Areas

Rent Prices in Anchorage and Surrounding Areas

Rent prices have decreased in Anchorage over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Anchorage suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Anchorage suburbs

  • Rents did not decrease in any of the Anchorage suburbs.

February 2026 Pricing Trends: Anchorage vs. National Comparisons

Anchorage Rent Prices More Affordable Than Major Cities

Rent growth in Anchorage over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Anchorage average rent prices appear to be relatively affordable for local residents.

The price for a Anchorage one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Anchorage and surrounding area rent prices, take a look at the complete data set below.

Data set for Anchorage and suburbs

1 BR February 1 BR M/M % Change 2 BR February 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.