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  4. Anchorage

Anchorage, Alaska

Short-Term Rental Market Data & Investment Analysis

Anchorage, Alaska Short-Term Rental Market

Anchorage STRs averaged $160/night at 52.4% occupancy in April 2026, with summer peak occupancy exceeding 73% as Alaska tourism surges.

Quick Answer: Anchorage, Alaska is an active short-term rental market. average occupancy in the Anchorage market area is 78%. average monthly revenue in the Anchorage market area is $4,755. average daily rate in the Anchorage market area is $247. the top operator in the Anchorage market area is Vacasa with 115 listings. market score is 81/100 (grade B).

Avg Monthly Revenue
$4,755
↑ 7.2% YoY
78%
Occupancy
↑ 0.4% YoY
$247
Avg Daily Rate
↑ 6.6% YoY
82.2 days avg lead time3.3 avg length of stay

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.

Regulation72
Seasonality58
Investability70
Rental Demand84
Revenue Growth85

Market Overview

Anchorage, Alaska is the primary air gateway to the state and the largest city in Alaska with approximately 289,000 residents. The STR market recorded a $159.75 average daily rate and 52.4% occupancy in April 2026, producing a RevPAR of $83.72. Average monthly revenue per listing came in at $2,142. Year-over-year, all three key metrics improved: occupancy grew 0.97%, ADR rose 5.72%, and revenue increased 8.01%.

The Anchorage STR inventory spans approximately 4,688 active listings. Entire-place rentals account for 4,162 units (89% of supply), with 496 private rooms and 30 shared rooms. Bedroom distribution is led by 1-bedroom properties (1,947 listings), followed by 2-bedroom (1,438), 3-bedroom (865), 4-bedroom (272), and 5+ bedroom (157) units, reflecting a market that serves solo travelers and couples more than large groups.

Airbnb dominates platform distribution with 2,748 Airbnb-only listings, while 1,738 listings appear on both Airbnb and VRBO and just 202 list exclusively on VRBO. The Anchorage market score is 80.91 out of 100, with rental demand (83.61) and revenue growth (84.98) as the leading sub-scores.

Seasonal Patterns

Monthly seasonal data for Anchorage, Alaska
MonthOccupancy
Jan45%
Feb55%
Mar58%
Apr52%
May64%
Jun74%
Jul73%
Aug72%
Sep56%
Oct44%
Nov49%
Dec55%

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.

#OperatorListingsReviewsRating
1Vacasa1157,836★ 4.41
2Evolve1004,754★ 4.71
3Casa Rentals734,190★ 4.86
4Akstay383,774★ 4.85
5Northern Stay Alaska35551★ 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 mix
ChannelShare
airbnb58.6%
vrbo4.3%
both37.1%

Investment Analysis

The full investment analysis for Anchorage — gross-yield math against current home values, plus 5-year monthly revenue, nightly-rate, and occupancy trend charts — is available to StaySTRA Pro members and updates monthly. The figures shown elsewhere on this page are the free market snapshot.

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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 passed its first-ever STR ordinance on December 16, 2025 (AO 2025-115(S-2), approved 10-2 and co-sponsored by Mayor LaFrance). The ordinance created a free annual registration requirement for all STRs, defined as units available for fewer than 30 consecutive days.

The registration portal opened May 1, 2026. All operators must register and display their registration number in all advertisements, and must designate a local contact person. The registration deadline is July 31, 2026. Beginning August 1, 2026, unregistered operators face a $75 fine, and booking platforms including Airbnb and VRBO will be prohibited from processing payments for unregistered listings.

There is no owner-occupancy or primary-residence requirement, no cap on total rental nights per year, and no minimum stay requirement. The ordinance explicitly legalizes STRs in all residential and some commercial zones, resolving prior ambiguity in Title 21. The room tax is 12% on stays under 30 days (AMC Chapter 12.20); Airbnb remits this automatically, but hosts on other platforms or taking direct bookings must register separately with Treasury and file quarterly. A proposed 5% additional STR-specific tax was voted down at the same December 2025 session. Assembly members have signaled potential future restrictions (caps, fees, owner-occupancy rules) may follow once the registry provides baseline data.

Market Comparison

Anchorage’s 52.4% occupancy in April 2026 is broadly in line with the national STR median of approximately 55%, though the summer peak months (73-74%) significantly outperform national norms. The $159.75 ADR is below the national median of approximately $220, reflecting the proportion of value-oriented summer adventure travelers in the visitor mix.

The market score of 80.91 is competitive nationally, led by rental demand (83.61) and revenue growth (84.98). Anchorage draws 1.34 million visitors annually, generating over $1.09 billion in direct visitor spending, which provides a substantial and stable demand base.

Vacasa leads the professional management market with 115 listings and 7,836 reviews at a 4.41 rating. Evolve follows with 100 listings and 4,754 reviews at a 4.71 rating. Casa Rentals operates 73 listings with a 4.86 rating. Akstay has 38 listings with a 4.85 rating and 3,774 reviews. Northern Stay Alaska rounds out the top 5 with 35 listings and a 4.43 rating. The top two operators together manage 215 listings, approximately 4.6% of the market.

Frequently Asked Questions About Anchorage, Alaska

What is the average daily rate for STRs in Anchorage, AK?
Anchorage short-term rentals average $247 per night across all listing types. Nightly-rate breakdowns by property tier are available with StaySTRA Pro.
How much can an Anchorage Airbnb earn per month?
Across all listing types, Anchorage short-term rentals average $4,755 per month. Breakdowns by property type, bedroom count, and season are available with StaySTRA Pro, or run a free address-level estimate with the StaySTRA Analyzer.
When is the best time to rent a short-term property in Anchorage?
Occupancy in Anchorage peaks in Jun (74%) and is softest in Oct (44%). Month-by-month rate and revenue figures are available with StaySTRA Pro.
Are short-term rentals legal in Anchorage, Alaska?
Yes. Anchorage passed its first STR ordinance in December 2025 (AO 2025-115(S-2)), creating a free annual registration requirement. The registration portal opened May 1, 2026 with a July 31, 2026 deadline. Enforcement and fines begin August 1, 2026. There is no owner-occupancy requirement, no night cap, and the room tax is 12%.
What is the gross rental yield for an Anchorage STR investment?
Based on April 2026 data, the average Anchorage STR generates approximately $25,704 in annualized gross revenue against a typical home value of $414,014, implying a gross yield of roughly 6.2% before operating expenses and management fees.
How competitive is the Anchorage housing market for STR investors?
Anchorage’s housing market is quite competitive. The median days to pending is just 5, the sale-to-list ratio is 0.974 (properties are selling close to list price), and there are 344 active for-sale listings. The median list price is $410,650. Buyers should expect limited negotiating room and quick decision timelines.
Who are the top STR property managers in Anchorage?
Vacasa leads with 115 listings and 7,836 reviews at a 4.41 rating. Evolve follows with 100 listings and a 4.71 rating. Casa Rentals operates 73 listings at a 4.86 rating. Akstay has 38 listings with a 4.85 rating and Anchorage-focused expertise. Northern Stay Alaska rounds out the top 5 with 35 listings.
Anchorage, AlaskaRev $4,755ADR $247Occ 78%Score B (81)

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Property Managers Serving Anchorage

Awning · Outpost AK Vacation Rentals LLC

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Table of Contents

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Quick Facts: Anchorage market area

Avg Daily Rate
$247
Occupancy Rate
78%
Avg Revenue/Mo
$4,755
Anchorage Population
288,976

Markets in Alaska (1)

  • Palmer

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