The 2017 Rental Market

The rental housing market hasn't suffered significant setbacks as a result of the recession and area markets vary, but the overarching trend of near-flat rents and increased vacancies indicate the market is softening. According to the March 2017 rental survey, Alaska's average rent for all unit types plus utilities increased by just $7, or 0.6 percent, from last year. The overall vacancy rate rose from 5.8 percent to 7.3 percent.