Last updated on July 8, 2026

Average rent in
Palmer, AK

Median rent

Median rent in Palmer

$2,172/mo

increased by45%

vs previous year

The average rent in Palmer is $2,172 per month as of July 2026. This is 11% above the national average rent, or $222 more per month.

$1.16

average price per square foot

Total rentals

Available rentals in Palmer

16

for rent on Zumper.com as of July 2026

Rent price distribution

Share of Palmer rentals at each price point

50%38%25%13%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 remained the same over the last month and have increased by 45% 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 $1,450, whereas a house costs $2,625. 1-bedroom apartments in Palmer run $1,195 on average, while 2-bedroom apartments are $1,375.

Listings

Studio

$925

10%

34%

1 bedroom

$1,500

26%

51%

2 bedroom

$1,650

8%

7%

3 bedroom

$2,195

8%

14%

4 bedroom

$3,500

2%

35%

Studio

Average rent

$925

Last 30 days

10%

Last year

34%

1 bedroom

Average rent

$1,500

Last 30 days

26%

Last year

51%

2 bedroom

Average rent

$1,650

Last 30 days

8%

Last year

7%

3 bedroom

Average rent

$2,195

Last 30 days

8%

Last year

14%

4 bedroom

Average rent

$3,500

Last 30 days

2%

Last year

35%

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$2,172
increased by11%

higher than the national median

Median rent price$1,700
decreased by13%

lower than the national median

Takeaway

The median rent for all rentals in Palmer, AK is 28% 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

Apartment for rent

8790 E Central Park Cir #8802 - Photo 1 of 1

5d+ ago

Townhouse for rent in Palmer

8790 E Central Park Cir #8802, Palmer, AK 99645

2 beds

1.5 baths

$850

House for rent

Available Jul 15

Winding Brook Properties - Photo 1 of 1

2d ago

8.6

Very good

Winding Brook Properties

1620 N Winding Brook Loop, Palmer, AK 99645

2 beds

1 bath

$1,375

Apartment for rent

617 W Fern Ave #1 - Photo 1 of 1

4d ago

House for rent in Palmer

617 W Fern Ave - 1

617 W Fern Ave #1, Palmer, AK 99645

3 beds

1 bath

$2,000

House for rent

Available Aug 1

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 $2,172 per month as of July 4, 2026.

Is rent up or down in Palmer?

Average rent prices in Palmer have remained the same over the last month and have increased by 45% since last year.

How does Palmer rent compare to the national average?

Rent in Palmer is 11% above the national average, which means renters are paying approximately $222 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 $87,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Palmer?

Palmer offers solid options for renters with pets, with 41% of apartments welcoming furry companions. With an average of 34 listings available monthly, this translates to approximately 14 pet-friendly apartments typically on the market.

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