Average Rent in Ketchikan Gateway Borough, AK↓ Rents falling 0.5% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 13,870
Market Overview
Ketchikan Gateway Borough, AK has rental prices ranging from $1,055/month to $2,583/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,172/month — 16% below the national average of $1,400/month. With a median household income of $89,155/year, spending $1,172/month on a 1-bedroom represents 16% of gross income — within the recommended 30% threshold.
How Ketchikan Gateway Borough Compares
With an average 2-bedroom rent of $1,538/month, Ketchikan Gateway Borough ranks #10 most expensive of the 34 cities tracked in Alaska — pricier than 93% of all US cities in our data.
The Ketchikan Gateway Borough Rental Market
The Ketchikan Gateway Borough, AK area has a population of about 13,870 and 33% of households renting rather than owning. That is close to the US average renter share of ~34%.
Rent Trends
2-bedroom rents in Ketchikan Gateway Borough, AK have fallen by $8/month (0.5%) over the past year, from $1,546 to $1,538. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.
Affordability
To afford a 1-bedroom apartment in Ketchikan Gateway Borough, AK without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $46,880. The local median household income of $89,155 exceeds that threshold by $42,275, making Ketchikan Gateway Borough relatively accessible compared to local wages.
Economy & Jobs
Ketchikan Gateway Borough, AK has an unemployment rate of 2.6%, 1.3 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 Ketchikan Gateway 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 Ketchikan Gateway Borough?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Ketchikan Gateway Borough data
Buying breaks even after 1 year — worth it if you stay 1+ years.
Living in Ketchikan Gateway 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 Ketchikan Gateway BoroughSalary needed to afford rent here
🗺️All Cities in AKSee how Ketchikan Gateway Borough ranks statewide
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