Average Rent in Bristol Bay Borough, AK↑ Rents rising 1.3% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 878
Market Overview
Bristol Bay Borough, AK has rental prices ranging from $896/month to $1,981/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $980/month — 30% below the national average of $1,400/month. With a median household income of $100,625/year, spending $980/month on a 1-bedroom represents 12% of gross income — within the recommended 30% threshold.
How Bristol Bay Borough Compares
With an average 2-bedroom rent of $1,253/month, Bristol Bay Borough ranks #22 most expensive of the 34 cities tracked in Alaska — pricier than 84% of all US cities in our data.
The Bristol Bay Borough Rental Market
The Bristol Bay Borough, AK area has a population of about 878 and 48% of households renting rather than owning. That renter share runs above the US average of ~34%, pointing to a competitive rental market where vacancies clear quickly and rents are less negotiable.
Rent Trends
2-bedroom rents in Bristol Bay Borough, AK have risen by $16/month (1.3%) over the past year, from $1,237 to $1,253. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.
Affordability
To afford a 1-bedroom apartment in Bristol Bay Borough, AK without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $39,200. The local median household income of $100,625 exceeds that threshold by $61,425, making Bristol Bay Borough relatively accessible compared to local wages.
Economy & Jobs
Bristol Bay Borough, AK has an unemployment rate of 1.1%, 2.8 percentage points below the national average of 3.9%. Strong employment conditions typically sustain rental demand, as workers relocate to the area and local residents maintain stable housing.
Fair Market Rents
HUD FY2025Is Bristol Bay Borough, AK Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in AKlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Anchorage | $1,089 | $1,191 | $1,563 | $2,190 | — |
| Matanuska | $1,019 | $1,055 | $1,384 | $1,939 | — |
| Fairbanks | $1,144 | $1,272 | $1,669 | $2,339 | — |
| Kenai Peninsula Borough | $943 | $949 | $1,245 | $1,745 | — |
| Juneau City and Borough | $1,202 | $1,336 | $1,753 | $2,456 | — |
| Bethel Census | $1,640 | $1,650 | $1,900 | $2,289 | — |
Rent or Buy in Bristol Bay Borough?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Bristol Bay Borough data
Buying breaks even after 1 year — worth it if you stay 1+ years.
Living in Bristol Bay Borough
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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💵Rent Affordability in Bristol Bay BoroughSalary needed to afford rent here
🗺️All Cities in AKSee how Bristol Bay Borough ranks statewide
⚖️Compare Bristol Bay BoroughSide-by-side rent & cost of living with any city
📋AK Tenant RightsDeposit limits, eviction laws & renters protections