Average Rent in Matanuska, AK↑ Rents rising 8.1% YoY

Matanuska, AK has rental prices ranging from $1,019/month to $2,324/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,055/month — 25% below the national average of $1,400/month. With a median household income of $90,625/year, spending $1,055/month on a 1-bedroom represents 14% of gross income — within the recommended 30% threshold.

How Matanuska Compares

With an average 2-bedroom rent of $1,384/month, Matanuska ranks #16 most expensive of the 34 cities tracked in Alaska — pricier than 89% of all US cities in our data.

The Matanuska Rental Market

The Matanuska, AK area has a population of about 110,677 and 23% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Matanuska, AK have risen by $104/month (8.1%) over the past year, from $1,280 to $1,384. This rate of increase is significant and reflects strong rental demand and limited housing supply in the local market.

Affordability

To afford a 1-bedroom apartment in Matanuska, AK without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $42,200. The local median household income of $90,625 exceeds that threshold by $48,425, making Matanuska relatively accessible compared to local wages.

Is Matanuska, AK Affordable?

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

Rent or Buy in Matanuska?

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

Living in Matanuska

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