What's a good cap rate in Anchorage?

In Anchorage, cap rates typically run around 7.5% (Alaska state median). A deal above that line is outperforming the local market; below it, you're paying up for appreciation or stability. TrueCap shows where any specific Anchorage deal lands versus this benchmark.

What's the average rent for a rental in Anchorage?

A typical rental in Anchorage runs about $1,400–$1,900/mo (estimate; varies by neighborhood, size, and condition). TrueCap auto-fills HUD Fair Market Rent for the exact address you enter.

What is the property tax rate in Alaska?

Alaska's effective property tax rate is about 1.04% of value per year — the figure TrueCap applies by default for Anchorage deals. You can override it with the exact local rate.

Anchorage, AK

Anchorage rental property analysis

Anchorage is Alaska's economic hub — energy, military, and a high cost of living that keeps rents elevated and demand steady.

Anchorage market snapshot

Cash-flow market

Higher typical cap rates — built for monthly cash flow more than price growth.

Typical cap rate

7.5%

Alaska state median

Typical rent

$1,400–$1,900/mo

est., SFR / small multi

Typical price

$320,000–$420,000

est., all-in

Property tax

1.04%

Alaska effective

Rent is HUD Fair Market Rent where available, otherwise a market estimate; price is a market estimate. Cap-rate and tax are the defaults TrueCap applies — enter a specific address for exact, auto-filled numbers.

Sources & methodology. These are screening defaults and market estimates — not an appraisal, and not financial, tax, or legal advice. Verify rents, taxes, insurance, and local landlord/tenant law against the county assessor and your state's landlord-tenant statute before relying on them.

Data: HUD Fair Market Rent · FRED 30-yr mortgage rate · Tax Foundation (property tax) · Updated June 2026

Metro-level estimates — precision is lower at the neighborhood and parcel level; pull a specific address for exact, auto-filled figures. Reviewed by the TrueCap team. See our full methodology.

Is Anchorage a good place to buy rentals?

Isolated supply and military demand keep occupancy high and rents firm; factor higher operating and heating costs and a cyclical energy economy.

Neighborhoods to look at in Anchorage

South Anchorage

Desirable, family renters, low vacancy.

Midtown

Central, steady demand.

Neighborhood notes are starting points, not recommendations — always underwrite the specific property.

Run a Anchorage deal in 60 seconds

Paste a Anchorage address into TrueCap and get cap rate, cash-on-cash, DSCR, cash flow, and a 10-year projection — auto-filled with Alaska tax and HUD rent so you start from the right assumptions.

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