Average Rent in Wrangell City and Borough, AK↑ Rents rising 0.9% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 2,106
Market Overview
Wrangell City and Borough, AK has rental prices ranging from $795/month to $1,758/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $848/month — 39% below the national average of $1,400/month. With a median household income of $64,545/year, spending $848/month on a 1-bedroom represents 16% of gross income — within the recommended 30% threshold.
How Wrangell City and Borough Compares
With an average 2-bedroom rent of $1,112/month, Wrangell City and Borough ranks #28 most expensive of the 34 cities tracked in Alaska — pricier than 76% of all US cities in our data.
The Wrangell City and Borough Rental Market
The Wrangell City and Borough, AK area has a population of about 2,106 and 43% of households renting rather than owning. That renter share runs above the US average of ~34%, pointing to a competitive rental market where vacancies clear quickly and rents are less negotiable.
Rent Trends
2-bedroom rents in Wrangell City and Borough, AK have risen by $10/month (0.9%) over the past year, from $1,102 to $1,112. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.
Affordability
To afford a 1-bedroom apartment in Wrangell City and Borough, AK without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $33,920. The local median household income of $64,545 exceeds that threshold by $30,625, making Wrangell City and Borough relatively accessible compared to local wages.
Economy & Jobs
Wrangell City and Borough, AK has an unemployment rate of 3.7%, 0.2 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 Wrangell 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 Wrangell City and Borough?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Wrangell City and Borough data
Buying breaks even after 2 years — worth it if you stay 2+ years.
Living in Wrangell City and 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 Wrangell City and BoroughSalary needed to afford rent here
🗺️All Cities in AKSee how Wrangell City and Borough ranks statewide
⚖️Compare Wrangell City and BoroughSide-by-side rent & cost of living with any city
📋AK Tenant RightsDeposit limits, eviction laws & renters protections