JUNEAU, Alaska (AP) — The cost of renting a home or apartment in Alaska has gone up.
State labor department economists report the median adjusted rental price in Alaska rose from $1,065 a month in 2012 to $1,119 this year for all housing-unit types and survey areas combined.
Kodiak had the highest median rent in the survey, at $1,365 a month, followed by Anchorage at $1,154 and Valdez-Cordova at $1,150.
Economist Karinne Wiebold says that percentage of increase is not unreasonable.
Median adjusted rent includes the estimated cost of utilities, such as heat, lights, water and garbage.
The report finds rents in Fairbanks rose more since 2012 than any other surveyed area, though they were slightly below the median average for all units. The Matanuska-Susitna Borough was the only surveyed area where rents fell.
Support Kodiak Public Radio
- Facebook: Firm Working With Trump Campaign Stole 50 Million Users' Data
- In A Flurry Of Furious Tweets, President Trump Takes Aim At Mueller Probe
- Man Arrested for Bomb Threat at SXSW Festival in Austin, Texas
- Britain Accuses Russia Of Stockpiling Deadly Nerve Agent
- Trump Continues Barrage Against Special Counsel Mueller, Fired FBI Deputy McCabe
- Oil revenue is up in state’s spring forecast
- Alaska News Nightly: Friday, March 16, 2017
- Preventing suicide with strength and resilience
- First Alaskans Institute helps revive Yup’ik traditional Qasgiq teachings at Cama-i
- Meet Lily and Gizelle
- Zulkosky organizes meeting to discuss alcohol’s impact on villages
KMXT1-907-486-31818 a.m. - 5 p.m. Monday-Friday
Top Posts & Pages