Rental prices in Anchorage soared over the past year, increasing by 14.2% in line with a national trend. Economists say the jump is likely driven by several factors, including growing demand and rising costs for landlords.
Rental prices in Anchorage soared over the past year, increasing by 14.2% in line with a national trend, according to aSeveral other Alaska communities also saw increases in rent, though at a slower pace than the state’s largest city.
In the previous year, rental rates increased by a much smaller amount: 2.8% in Anchorage, and 2% in Alaska. Rising home ownership costs could also be a factor, preventing some families from leaving the rental market, she said.
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