Average Rent in Sitka City and Borough, AK↑ Rents rising 2.2% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 8,393
Market Overview
Sitka City and Borough, AK has rental prices ranging from $1,048/month to $2,516/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,248/month — 11% below the national average of $1,400/month. With a median household income of $101,207/year, spending $1,248/month on a 1-bedroom represents 15% of gross income — within the recommended 30% threshold.
How Sitka City and Borough Compares
With an average 2-bedroom rent of $1,498/month, Sitka City and Borough ranks #11 most expensive of the 34 cities tracked in Alaska — pricier than 92% of all US cities in our data.
The Sitka City and Borough Rental Market
The Sitka City and Borough, AK area has a population of about 8,393 and 38% of households renting rather than owning. That is close to the US average renter share of ~34%.
Rent Trends
2-bedroom rents in Sitka City and Borough, AK have risen by $32/month (2.2%) over the past year, from $1,466 to $1,498. This modest growth is consistent with broader inflationary trends seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Sitka City and Borough, AK without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $49,920. The local median household income of $101,207 exceeds that threshold by $51,287, making Sitka City and Borough relatively accessible compared to local wages.
Economy & Jobs
Sitka City and Borough, AK has an unemployment rate of 2.1%, 1.8 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 Sitka City and 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 Sitka City and Borough?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Sitka City and Borough data
Buying breaks even after 1 year — worth it if you stay 1+ years.
Living in Sitka City and Borough
Cost of living, job market, crime rates, and moving cost estimates.
Moving Cost Estimator
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Frequently Asked Questions
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Compare rent & home prices by neighborhood
💵Rent Affordability in Sitka City and BoroughSalary needed to afford rent here
🗺️All Cities in AKSee how Sitka City and Borough ranks statewide
⚖️Compare Sitka City and BoroughSide-by-side rent & cost of living with any city
📋AK Tenant RightsDeposit limits, eviction laws & renters protections