US5.com
  1. Home
  2. States
  3. Alaska
  4. ZIP 99518
  5. Housing & Real Estate
Anchorage municipality, AK

ZIP 99518 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 99518

Median Home Value
$297,900
Median Rent
$1,611
Affordability Snapshot
$82,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,914/mo PITI).

21%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.3x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

15.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 99518 in Anchorage municipality, AK, a household would need roughly $82,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,914. That is roughly in line with the local median household income ($91,077). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
62.7%-4% vs US avg
x
Vacancy Rate
8.8%-15% vs US avg
x
Broadband Access
89.8%+3% vs US avg
x
4+ Bedrooms
1.8%-88% vs US avg
x
Built Pre-1939
0.7%-95% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
20.4%-59% vs US avg
x
Mortgage-Free
23.3%-39% vs US avg
x
$297,900
Home Value
$1,611
Rent
1983
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached25.7%
  • 1-unit attached18.1%
  • 2-9 units50.0%
  • 10+ units5.7%
  • Mobile home & other0.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$297,900
Median rent$1,611
Owner-occupied62.7%
Vacant8.8%
Price-to-income3.3x
Est. income to buy$82,000