Average Rent in North Slope Borough, AK↓ Rents falling 5.0% YoY🔺 5th priciest in AK

North Slope Borough, AK has rental prices ranging from $1,238/month to $2,393/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,376/month, near the national average. With a median household income of $86,313/year, spending $1,376/month on a 1-bedroom represents 19% of gross income — within the recommended 30% threshold.

How North Slope Borough Compares

With an average 2-bedroom rent of $1,805/month, North Slope Borough ranks #5 most expensive of the 34 cities tracked in Alaska — pricier than 96% of all US cities in our data.

The North Slope Borough Rental Market

The North Slope Borough, AK area has a population of about 10,891 and 51% 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 North Slope Borough, AK have fallen by $96/month (5.0%) over the past year, from $1,901 to $1,805. This slight decline is consistent with broader market corrections seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in North Slope Borough, AK without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $55,040. The local median household income of $86,313 exceeds that threshold by $31,273, making North Slope Borough relatively accessible compared to local wages.

Economy & Jobs

North Slope Borough, 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.

Is North Slope Borough, AK Affordable?

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

Rent or Buy in North Slope Borough?

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

Living in North Slope Borough

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