Rent to own Homes in Anchorage, AK
Anchorage, Alaska, is the northernmost city in the United States, and it's also one of the country's most stunning cities, with the incredible sparkling waters of Cook Inlet, the giant peaks of the Chugach Mountains, and a diverse population of local wildlife that feels just at home in the area as the humans do. Moving to Anchorage from a major city like New York will make for quite a change, but it might just be a welcome one. A strong sense of community and local engagement that has seen Anchorage garner the honor of being voted an "All American City" four times in the last 60-odd years.
Anchorage, AK is a great place for affordable rent-to-own homes! With a median household income of over $84,813 and a median rent of $1,310, the Anchorage, AK rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Anchorage, AK. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
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Rent to own Homes in Cities Near Anchorage, AK
Neighborhoods in Anchorage, AK
Mountainside Village rent to own homes Concord Hill rent to own homes Southpark rent to own homes Glacier View Estates rent to own homes Rabbit Creek Heights rent to own homes Skyway Park Estates rent to own homes Goldenview Gate rent to own homes Keno Hills rent to own homes Alyeska rent to own homes Oceanview North rent to own homesMedian Home Price in Anchorage, AK
Median Rent in Anchorage, AK
Top Reasons to Live in Anchorage AK
Housing Statistics If you're looking for a rentable, buyable, or rent to own house, Anchorage probably has something for you. The population of Anchorage is jut shy of 300,000, with a high median household income of more than $73,000 and a per capita income of more than $35,000. These values are higher than the national average, and generally lead to property prices being slightly higher in the city. Average listing prices are roughly $370,000, with a median of $192,000 based on a relatively small number of sales compared to other US cities. In fact, average monthly sales usually sit at less than 100, making the property market quite stagnant in the area. On average, rental prices for apartments are also relatively high, with recent stats showing that 1 bedroom apartments rent for a little under $1,000 per month, and 2 bedroom apartments rent for around $1,200 monthly.
Nightlife Anchorage offers a great deal for any would-be night owl, from outdoor dancing and music events to classic clubs and restaurants. If you're looking for a classic watering hole to sink a few beers, Chilkoot Charlie's, or 'Koot's' as it's known to its regulars, is a top spot, with several bars, a couple of stages, and even three dance floors for the more active patrons. Another great option is Humpy's Great Alaskan Alehouse which, with live music on Thursdays and Saturdays, and over 50 different types of beer on tap, really lives up to its name as an 'alehouse'! If you're looking for less of a 'local' feel, how about checking out Simon and Seafort's Saloon and Grill? Here you can indulge your slightly more sophisticated wares by sipping on cocktails and peering out over Cook Inlet as the sun goes down. Talk about a great spot for a date! Or maybe Bear Tooth Grill and Theatre Pub is more up your alley. It's a popular family venue where you can catch some local flicks while chowing down on some traditional snack food.
Outdoor Activities Outdoor recreation in Anchorage is really the city's main draw. Within its boundaries you'll find Chugach State Park, considered one of the 10 best in the country, and the 3rd biggest to boot. All year round you can explore the 200-plus miles of tracks and trails, the 50 incredible glaciers, and the wonderful flora and fauna. During the summer you can engage in hiking, biking, climbing and, if you're up to it, some swimming. In the winter, snowmobiling, skiing, snowboarding, and other snow-based sports and activities take center stage. Some of the best highlights around the city include hiking the Tony Knowles Coastal Trail, visiting the Eagle River Nature Center, seeing the Northern Lights, exploring Denali National Park, home to Mt. McKinley, and engaging in some Nordic Skiiing along the 40 miles of trails in Kincaid Park. If you love the outdoors, Anchorage really is a dream come true, with fantastic scenery and activities to enjoy all year round.
Neighborhood Guide Within the 'Anchorage Bowl', or the area simply known as the main city, there are more than 20 different neighborhoods to settle in. In addition, there are another 9 in the larger municipal area north and south of the main city area.