Apartments for Rent in North Star, Anchorage, AK

North Star, Anchorage apartment availability

North Star's rental market offers a good selection of listings, with an average of about 40 rentals available each month. The majority of rentals are 1-bedroom and 2-bedroom apartments, with a smaller number of 3-bedroom apartments and studios also available. Many of these apartments offer convenient amenities, including in-unit laundry, dishwashers, and assigned parking. Specifically, over half of the apartments have dishwashers, and nearly 40% have assigned parking, making this neighborhood a great option for renters who value these features. With its relatively high proportion of Anchorage's total listings, North Star is a neighborhood worth considering for those searching for a rental property.

North Star, Anchorage rental market trends

North Star, Anchorage's rental market has experienced a decline in prices over the past year. The average monthly rent across all property types decreased by 6.7% to $1,557 in 2024. This downward trend is reflected in the prices for 1, 2, and 3-bedroom apartments, which saw year-over-year decreases of 10.2%, 14.7%, and 7.4%, respectively. However, studio apartments bucked this trend, with a 14.4% increase in average rent to $1,370.

The most expensive month to rent in North Star is August, with prices 16.9% higher than in December, the least expensive month. This suggests that renters looking for a better deal should consider searching during the winter months when demand is lower. Overall, the decline in rent prices in North Star, Anchorage, presents an opportunity for renters to find more affordable options in the area.

Why North Star, Anchorage is a great place to live

We've analyzed data from the last few years to understand what makes North Star, Anchorage, an attractive neighborhood for renters. Our findings suggest that North Star is an excellent choice for those who value a vibrant social life.

The neighborhood's high walk score, well-developed street infrastructure, and abundance of restaurants make it easy to get out and explore. Additionally, the area's frequent transit options and strong safety record provide residents with the freedom to enjoy all that North Star has to offer. If you're looking for a neighborhood that supports an active social lifestyle, North Star is definitely worth considering. With its unique blend of amenities and attractions, it's an ideal location for renters who thrive in a lively and connected community.