Average Rent in Skagway Municipality, AK↑ Rents rising 3.4% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 1,308
Market Overview
Skagway Municipality, AK has rental prices ranging from $1,094/month to $2,521/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,216/month — 13% below the national average of $1,400/month. With a median household income of $78,594/year, spending $1,216/month on a 1-bedroom represents 19% of gross income — within the recommended 30% threshold.
How Skagway Municipality Compares
With an average 2-bedroom rent of $1,595/month, Skagway Municipality ranks #8 most expensive of the 34 cities tracked in Alaska — pricier than 94% of all US cities in our data.
The Skagway Municipality Rental Market
The Skagway Municipality, AK area has a population of about 1,308 and 34% of households renting rather than owning. That is close to the US average renter share of ~34%.
Rent Trends
2-bedroom rents in Skagway Municipality, AK have risen by $52/month (3.4%) over the past year, from $1,543 to $1,595. This modest growth is consistent with broader inflationary trends seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Skagway Municipality, AK without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $48,640. The local median household income of $78,594 exceeds that threshold by $29,954, making Skagway Municipality relatively accessible compared to local wages.
Economy & Jobs
Skagway Municipality, 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 Skagway Municipality, 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 Skagway Municipality?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Skagway Municipality data
Buying breaks even after 1 year — worth it if you stay 1+ years.
Living in Skagway Municipality
Cost of living, job market, crime rates, and moving cost estimates.
Moving Cost Estimator
Estimate your moving costs based on FMCSA public mover data
Select your origin state to see the estimate
Frequently Asked Questions
Explore More
Compare rent & home prices by neighborhood
💵Rent Affordability in Skagway MunicipalitySalary needed to afford rent here
🗺️All Cities in AKSee how Skagway Municipality ranks statewide
⚖️Compare Skagway MunicipalitySide-by-side rent & cost of living with any city
📋AK Tenant RightsDeposit limits, eviction laws & renters protections