RentData

Average Rent in Chugach Census, AK Rents rising 3.5% YoY

HUD FY2025 · Official government data · Updated annually · Metro pop. 6,964

Data review: HUD FY2025Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Chugach Census, AK has rental prices ranging from $1,039/month to $2,297/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,136/month — 19% below the national average of $1,400/month. With a median household income of $88,565/year, spending $1,136/month on a 1-bedroom represents 15% of gross income — within the recommended 30% threshold.

How Chugach Census Compares

With an average 2-bedroom rent of $1,453/month, Chugach Census ranks #14 most expensive of the 34 cities tracked in Alaska — pricier than 91% of all US cities in our data.

The Chugach Census Rental Market

The Chugach Census, AK area has a population of about 6,964 and 37% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Chugach Census, AK have risen by $49/month (3.5%) over the past year, from $1,404 to $1,453. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Chugach Census, AK without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $45,440. The local median household income of $88,565 exceeds that threshold by $43,125, making Chugach Census relatively accessible compared to local wages.

Economy & Jobs

Chugach Census, AK has an unemployment rate of 2.9%, 1.0 percentage point 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 FY2025
Studio
$1,039
Affordable
1 Bedroom
$1,136
Affordable
2 Bedrooms
$1,453
3.5% YoY
Affordable
3 Bedrooms
$1,948
Affordable
4 Bedrooms
$2,297
Average
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Is Chugach Census, AK Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$58,120/year
Local median income: $88,565
To buy a median home
/year
US national median: $75,000
💡 Based on a 2BR rent of $1,453/month and 20% down on a home at 7% rate.

Nearby Cities in AKlargest metros in the state

CityStudio1BR2BR3BRHome 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 Chugach Census?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Chugach Census data

$
Home Value
$350,000
2BR Rent
$1,453/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $2,577/movs rent: $1,453/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Chugach Census

Cost of living, job market, crime rates, and moving cost estimates.

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Frequently Asked Questions

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🏘️Neighborhoods in Chugach Census

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💵Rent Affordability in Chugach Census

Salary needed to afford rent here

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📋AK Tenant Rights

Deposit limits, eviction laws & renters protections