Anchorage, Alaska Short-Term Rental Market
Anchorage short-term rentals averaged $194 ADR, 54.2% occupancy and $2,814 monthly revenue in September 2026.
Quick Answer: Anchorage, Alaska is an active short-term rental market. average occupancy in the Anchorage market area is 54%. average monthly revenue in the Anchorage market area is $2,814. average daily rate in the Anchorage market area is $194. the top operator in the Anchorage market area is Vacasa with 115 listings. market score is 81/100 (grade B).
Market data reflects the wider Anchorage market, which covers 2 areas. Regulations, taxes, and permit details below are specific to Anchorage.
Market Score Breakdown
Five dimensions StaySTRA evaluates per market.
Market Overview
Anchorage is Alaska’s largest city and its main air gateway, and the Anchorage area STR market tracks 4,688 listings as of September 2026. Entire places make up 4,162 of them, with 496 private rooms and 30 shared rooms. On channels, 2,748 listings appear on Airbnb only, 202 on Vrbo only, and 1,738 on both platforms. By size, one-bedroom units lead with 1,947 listings, followed by 2,303 split across two-bedroom (1,438) and three-bedroom (865) homes with the remainder in four-bedroom (272) and five-bedroom (157) properties.
In September 2026 the average daily rate across all listings was $194 and occupancy was 54.2%, producing average monthly revenue of $2,814 per listing. Year over year, occupancy rose 4.5%, ADR rose 10.6%, and revenue rose 3.4%. The ADR gain outpaced the revenue gain, which suggests hosts pushed rates up while September demand grew at a slower pace than pricing.
The longer trend is also upward. Annual ADR moved from $117 in 2018 to $177 in 2025, and the nine months of 2026 reported so far average $199 with 61.7% occupancy and $3,289 in monthly revenue. That 2026 figure is weighted toward the summer peak, so it should not be compared directly with a full-year average.
Demand comes from the roughly 1.34 million visitors Anchorage receives each year. About 63% arrive by air and 35% by cruise, and the city serves as the base for trips to Denali, Kenai Fjords and Prince William Sound. Visitor spending exceeds $1.09 billion annually. The StaySTRa market score for Anchorage is 80.9 out of 100, led by revenue growth (85.0) and rental demand (83.6), with seasonality the weakest component at 58.4.
Seasonal Patterns
| Month | Occupancy |
|---|---|
| Jan | 45% |
| Feb | 55% |
| Mar | 58% |
| Apr | 52% |
| May | 64% |
| Jun | 74% |
| Jul | 74% |
| Aug | 72% |
| Sep | 56% |
| Oct | 44% |
| Nov | 49% |
| Dec | 55% |
Month-by-month nightly rates and revenue figures for Anchorage are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Top Short-Term Rental Operators in Anchorage market area
Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Anchorage market as a whole, which includes Anchorage, so these counts are not Anchorage-only figures.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Vacasa | 115 | 7,836 | ★ 4.41 |
| 2 | Evolve | 100 | 4,754 | ★ 4.71 |
| 3 | Casa Rentals | 73 | 4,190 | ★ 4.86 |
| 4 | Akstay | 38 | 3,774 | ★ 4.85 |
| 5 | Northern Stay Alaska | 35 | 551 | ★ 4.43 |
What Kind of STR Should I Buy in Anchorage?
Revenue and nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Anchorage are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 58.6% |
| vrbo | 4.3% |
| both | 37.1% |
Home Value Trends (Anchorage)
Typical home values, median sale prices, and the 10-year price trend for Anchorage are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Insights
Booking-window and length-of-stay analysis for Anchorage — how far ahead guests book and how to price around it — is available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Short-Term Rental Regulations
Anchorage allows short-term rentals. Ordinance AO 2025-115(S-2), passed 10-2 on December 16, 2025 and co-sponsored by Mayor LaFrance, is the city’s first STR regulation. It explicitly allows STRs in all residential zoning districts and some commercial districts. Previously, Title 21 of the municipal code made no mention of STRs, leaving their status in residential zones ambiguous.
An STR is any unit available for fewer than 30 consecutive days. Operators must register with the Municipality. Registration is free and renews annually. The portal opened May 1, 2026, with a July 31, 2026 deadline. Since August 1, 2026, unregistered operators face a $75 fine, and platforms such as Airbnb and Vrbo may not process payments for unregistered listings. Operators must display the registration number in all advertisements and provide a local contact person.
There is no owner-occupancy requirement, no primary-residence requirement, no cap on rental nights per year, and no minimum-stay rule beyond the 30-day definition. Stays under 30 days are subject to Anchorage’s 12% room tax (AMC Chapter 12.20). Airbnb collects and remits it automatically. Hosts using other platforms or direct bookings must register with Treasury and file quarterly. A proposed 5% additional STR-specific tax was rejected at the same December 2025 meeting.
Enforcement is rated minimal, and the $75 penalty is among the lowest of any major U.S. city. Registration is primarily a data-collection step, and Assembly members have indicated that caps, fees or owner-occupancy rules may follow. Investors should monitor future changes and confirm current rules with the Municipality before buying.
Market Comparison
Anchorage in September 2026 shows 54.2% occupancy and a $194 ADR. Revenue per listing of $2,814 reflects that balance of occupancy and rate.
The seasonal picture changes the comparison. In June through August, Anchorage occupancy runs 72.1% to 74.3% with ADR of $183 to $192. In the 2026 year to date, average ADR is $199 and occupancy is 61.7%.
The operator base is fragmented. The five largest managers are Vacasa (115 listings, 4.41 rating), Evolve (100, 4.71), Casa Rentals (73, 4.86), Akstay (38, 4.85) and Northern Stay Alaska (35, 4.43). Together they manage 361 listings, about 7.7% of the 4,688 tracked, so independent hosts dominate supply. Professionally managed listings earn $221 per night, which is above the $194 all-listings rate.
Frequently Asked Questions About Anchorage, Alaska
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