MarketsRun a deal in this market
State · AK
Alaska
Data as of November 2024· Sources: Zillow ZHVI/ZORI, Census ACS
Strategy
Median home value
$367k
+1.8%Zillow ZHVI
Median rent
$1,650/mo
+3.2%Zillow ZORI
Gross yield
5.40%
Rent × 12 / value
Rent/price ratio
0.000%
1% rule benchmark
Median household income
$89,336
Census ACS
Owner-occupied
65.3%
Census ACS
Renter-occupied
34.7%
Census ACS
Population
-
Census ACS
What this means for LTR investors
Gross yield of 5.40% is below the 7% LTR sweet spot; you'd lean on appreciation here.
Rent grew 3.2% YoY while values moved 1.8%. That gap drives whether yield compresses or expands over time.
Renter share is 35% - a deep renter pool means lower vacancy risk in Alaska.
Median income of $89,336 sets the affordability ceiling on rent growth.