Last updated on October 7, 2026

Average rent in
Palmer, AK

Median rent

Median rent in Palmer

$2,047/mo

decreased by2%

vs previous year

The average rent in Palmer is $2,047 per month as of October 2026. This is 8% above the national average rent, or $147 more per month.

$1.85

average price per square foot

Total rentals

Available rentals in Palmer

25

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Palmer rentals at each price point

70%53%35%18%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Palmer, AK

Average rent prices in Palmer have decreased by 3% over the last month and have decreased by 3% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Palmer, AK

Rent prices in Palmer vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Palmer is $1,672, whereas a house costs $2,530. 1-bedroom apartments in Palmer run $1,100 on average, while 2-bedroom apartments are $1,695.

Listings

Studio

$600

No Change

5%

1 bedroom

$1,246

18%

10%

2 bedroom

$1,850

3%

29%

3 bedroom

$2,252

1%

9%

4 bedroom

$3,450

25%

28%

Studio

Average rent

$600

Last year

5%

1 bedroom

Average rent

$1,246

Last 30 days

18%

Last year

10%

2 bedroom

Average rent

$1,850

Last 30 days

3%

Last year

29%

3 bedroom

Average rent

$2,252

Last 30 days

1%

Last year

9%

4 bedroom

Average rent

$3,450

Last 30 days

25%

Last year

28%

The table above reflects average rent prices in Palmer, AK, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Palmer, AK compare to other cities?

Compare median rent prices in Palmer and Anchorage by all bedroom counts and property types.

Palmer

Median rent price$2,047
increased by8%

higher than the national median

Median rent price$1,850
decreased by3%

lower than the national median

Takeaway

The median rent for all rentals in Palmer, AK is 11% higher than the median rent in Anchorage, AK.

Discover rentals in Palmer, AK

634 S Bailey St - Photo 1 of 1

5d+ ago

7.2

Very good

634 S Bailey St

634 S Bailey St, Palmer, AK 99645

Studio

0 baths

$495–$2,461

14450 E Melanie Ln #1 - Photo 1 of 1

5d+ ago

Apartment for rent in Palmer

Cozy Private Studio in Butte – Utilities Included

14450 E Melanie Ln #1, Palmer, AK 99645

1 bed

1 bath

$950

Creekwood Apartments - Photo 1 of 1

20h ago

8.6

Very good

Creekwood Apartments

1910 N Creekwood Park Cir, Palmer, AK 99645

1–2 beds

1 bath

$1,195–$1,495

Creekwood 1940 - Photo 1 of 1

5d+ ago

8.6

Very good

Creekwood 1940

1940 N Creekwood Park Cir, Palmer, AK 99645

2 beds

1 bath

$1,495

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Palmer, AK

Quick answers to common questions about the Palmer rental market.

How much is rent in Palmer?

The average rent in Palmer is $2,047 per month as of October 3, 2026.

Is rent up or down in Palmer?

Average rent prices in Palmer have decreased by 3% over the last month and have decreased by 3% since last year.

How does Palmer rent compare to the national average?

Rent in Palmer is 8% above the national average, which means renters are paying approximately $147 more per month.

What salary do I need to afford rent in Palmer?

To comfortably afford rent in Palmer, you'd need to earn approximately $82,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Anchorage