Apartments in 99516

3 rentals

Apartments For Rent Near 99516

We found 30 more apartments matching your filters just outside 99516

Average Rent Trends in 99516

Rent in 99516 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Apr 2026 compared to the previous month. Rent previously peaked in Sep 2025.
MonthAverage rent
May 2025$1,498
Jun 2025$1,525
Jul 2025$1,500
Aug 2025$2,300
Sep 2025$4,000
Oct 2025$2,413
Nov 2025$2,254
Dec 2025$2,300
Jan 2026$2,300
Feb 2026$2,333
Mar 2026$2,300
Apr 2026$2,300
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$2,300$2,100$4,062$5,444$4,195
Apartments and Condos$2,300$2,500$4,200—$2,300
Houses$1,325$2,100$4,195$5,500$4,500

Frequently Asked Questions about Apartments and Condos for rent in 99516

  • What is the average rent of an apartment or condo in 99516?
    The average rent of an apartment or condo in 99516 is $2,300. Rent prices range from $2,300 to as much as $2,500, depending on the type of apartment or condo.
  • How does the rent of an apartment or condo in 99516 compare to the national average?
    Average rent of an apartment or condo in 99516 is about 20% higher than the national average rent of $1,910 for an apartment or condo. That means it is more expensive to rent an apartment or condo in 99516 compared to the U.S. average.
  • What is the average rent of an apartment or condo in 99516, by number of bedrooms?
    The average rent of an apartment or condo in 99516 is $ for a studio, $2,300 for a 1 bedroom, $2,500 for a 2 bedroom, $4,200 for a 3 bedroom, and $ for a 4 bedroom.
  • How have rent prices of an apartment or condo in 99516 changed compared to last year?
    In the past year, the average rent price of an apartment or condo in 99516 has increased by $890. That means the average rent of an apartment or condo is 39% higher than last year.
  • How many apartments or condos are available to rent in 99516?
    There are 2 available apartments or condos to rent in 99516.
  • What are some cities near 99516?
    Some nearby cities include: Anchorage, Eagle River, Hope, Point MacKenzie, Chugiak, Moose Pass. These cities may have more rental options to explore.