Rental market · ZIP 99506 · Anchorage, AK

ZIP 99506, Anchorage, AK rental market

Population 7,028 · Anchorage, AK · ZIP Code Tabulation Area

Profile · ACS 2024 5-year

Not ranked

A survey home value and gross rent are not both available, so the affordability/yield inputs cannot be formed.

It stays searchable; available government estimates remain below (data tier: Profile).

Key metrics

7,028
Population

±1,300 ±18.8% moderate

$2,048
Median gross rent (ACS, incl. utilities)

±$130 ±6.3% tight

$76,258
Median household income

±$5,700 ±7.5% tight

2.3%
Rental vacancy

Derived from ACS estimates: no published margin of error

99.8%
Renter share

Derived from ACS estimates: no published margin of error

1999
Median year built

±6 years margin in years; a share of a year number would not mean anything

0.4%
Multifamily (5+ units)

Derived from ACS estimates: no published margin of error

Data vintage: ACS 2024 5-year. Of the 7 figures above, 4 carry the Census Bureau's published 90% margin of error, printed on the card in the figure's own units and as a share of the estimate; and 3 are ratios derived from those estimates, which the Census Bureau publishes no margin for. The bar and the band word restate that printed share in three bands: tight under ±10%, moderate ±10% to ±25%, wide ±25% and over. A median year built is given a margin in years only, because a margin stated as a share of a year number would not mean anything; the bar is full at ±40%. A wider margin does not make an area worse, only less precisely measured.

Market context

Trend context

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View source data

Each point is one ACS 5-year estimate on the same 2020-Census ZCTA boundary. Adjacent releases overlap, so the release-to-release differences are not independent annual market movement.

ACS estimates by release; ± is the margin of error.
Series2017–20212018–20222019–20232020–2024
Median home value B25077————
Median gross rent B25064$1,934 ±$98$1,928 ±$93$1,964 ±$140$2,048 ±$128
Population B010037,167 ±9866,991 ±9437,051 ±3,3117,028 ±1,324

ACS 2021 release

2017-2021 five-year estimate

Median home value B25077
—Margin of error not available
Median gross rent B25064
$1,934Margin of error ±$98
Population B01003
7,167Margin of error ±986

ACS 2022 release

2018-2022 five-year estimate

Median home value B25077
—Margin of error not available
Median gross rent B25064
$1,928Margin of error ±$93
Population B01003
6,991Margin of error ±943

ACS 2023 release

2019-2023 five-year estimate

Median home value B25077
—Margin of error not available
Median gross rent B25064
$1,964Margin of error ±$140
Population B01003
7,051Margin of error ±3,311

ACS 2024 release

2020-2024 five-year estimate

Median home value B25077
—Margin of error not available
Median gross rent B25064
$2,048Margin of error ±$128
Population B01003
7,028Margin of error ±1,324

Source: U.S. Census Bureau, American Community Survey 5-year, table-based Summary File (ZCTA geography); tables B25077 (median value), B25064 (median gross rent), and B01003 (population); estimate + margin of error. Missing releases remain gaps and are never interpolated. Home value is owner-reported; gross rent describes renter housing stock; population is a ZCTA estimate. Dollar figures are nominal.

Underwrite with these as starting points

No ACS median value is published for this area, so nothing is pre-filled; every calculator input is editable. Owner-occupied median value and renter median gross rent describe different housing stock: the median-valued home is not the typical rental, so this is a screen, not a listing, appraisal, asking rent, cap rate, or forecast. Bring your own entry price and rent.

ZIP Codes bordering 99506

3 ZIP Code areas share a land boundary with 99506 in the official Census 2020 ZCTA map, ordered by shared-boundary length, not ZIP-number proximity or driving distance. 2 of them are in CE’s ranked set and are listed below, each with its own Rental Investor ZIP Score, grade and national rank, read from the same published dataset as this page. The rest are counted here and searchable from the ZIP Code explorer. A neighbour’s score is a score for that area, never for 99506, and this list is ordered by border length, so it is not a ranking and no neighbour is called best.

Evidence, sources & limitations

Official geography: Anchorage municipality, Anchorage Municipality. Analytical entity: the U.S. Census ZIP Code Tabulation Area (ZCTA) 99506, an approximation of the USPS ZIP delivery area, not its exact route boundaries. Model z3-measured-v1; data ACS 2024 5-year.

This ZIP Code area is primarily in Anchorage, overlapping Anchorage, by land-area overlap from the official Census 2020 ZCTA relationship files (not population or address share).

Populationsurvey ACS B01003 · ±18.8% margin of error
Median gross rent (ACS, incl. utilities)survey ACS B25064 · ±6.3% margin of error
Median household incomesurvey ACS B19013 · ±7.5% margin of error
Rental vacancyderived ACS B25004 E002 / (B25003 E003 + B25004 E002) · no published margin of error
Renter sharederived ACS B25003 E003/E001 · no published margin of error
Median year builtsurvey ACS B25035 · ±<1% margin of error
Multifamily (5+ units)derived ACS B25024 (5+ unit structures / total) · no published margin of error

Class: survey = ACS estimate (with margin of error); derived = computed from ACS. The survey gross-rent yield is a proxy (renter gross rent vs owner-occupied value, different housing stock; ACS top-codes very high values/rents) and is not a cap rate. Subscores are national percentiles among data-eligible areas; ranks are competition-ranked with deterministic ties. No vendor, listing, parcel, or school data. Not investment advice.