Zip lookup · AK

99515
Anchorage, Alaska.

Anchorage, Anchorage Borough, AK · Anchorage, AK metro · population 21,870

What it costs per month · 99515 $2,522/mo

to buy the typical home at today's mortgage rate — +$1,136 (+82%) since Jan 2020.

What the home itself did
1 year
Up $28,590 +6%
$451,903$480,494 since Sep 2025
5 years
Up $89,094 +23%
$391,399$480,494 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 $2,500 2002 2006 2010 2014 2018 2022 2026 99515 $2,522 United States $1,922
$500 $1,000 $1,500 $2,000 $2,500 2002 2010 2018 2026
  • 99515$2,522
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 17 years.

Typical home values in zip 99515 rose 6.3% over the past year — faster than the nation's +1.2%.

Asking rents in zip 99515 rose 9.0% over the past year — faster than the nation's +2.7%.

Owning the typical home in zip 99515 runs $1,396/mo more than renting one — the widest that gap has been in this data.

That is $3,540 a month against $2,144 rent: a $2,522 mortgage payment, plus $504 property tax and $514 insurance & upkeep.

Owning vs renting — zip 99515

The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.

$2,000 $2,500 $3,000 $3,500 2025 2026 Owning all in $3,540 Renting $2,144 Mortgage only $2,522
$2,000 $2,500 $3,000 $3,500 2025 2026
  • Owning all in$3,540
  • Renting$2,144
  • Mortgage only$2,522

Property tax · $504/mo 1.26% of value a year — the ACS 2020-2024 median bill over the median home value for Anchorage Borough, AK

Insurance & upkeep · $514/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.

Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.

Zillow also publishes an index for the city itself: Anchorage, AK — measured over the city limits, which is a different area from this zip.

Asking rent $2,144 as of Sep 2026
+9.0%year on year
Typical home value $480,494 as of Sep 2026
+6.3%year on year

Asking rent — 99515

Against the Anchorage, AK metro and the national benchmark.

$1,800 $1,900 $2,000 $2,100 2025 2026 99515 $2,144 Anchorage $1,890 United States $1,932
$1,800 $1,900 $2,000 $2,100 2025 2026
  • 99515$2,144
  • Anchorage$1,890
  • United States$1,932

Typical home value — 99515

Mid-tier homes, smoothed and seasonally adjusted.

$250,000 $300,000 $350,000 $400,000 $450,000 2018 2020 2022 2024 2026 99515 $480,494 Anchorage $424,607 United States $366,157
$250,000 $300,000 $350,000 $400,000 $450,000 2018 2022 2026
  • 99515$480,494
  • Anchorage$424,607
  • United States$366,157

Within 20 miles

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
2.9 99518 Anchorage 9,764 $1,936 $346,961
4.5 99502 Anchorage 25,006 $1,828 $448,793
5.3 99517 Anchorage 16,486 $1,880 $411,950
6.3 99508 Anchorage 36,458 $1,603 $349,730
6.5 99516 Anchorage 21,500 $3,650 $697,137
6.7 99507 Anchorage 37,301 $1,900 $424,233
7.2 99501 Anchorage 16,175 $1,702 $361,618
9.7 99504 Anchorage 42,093 $2,209 $366,544
18.8 99540 Indian 468 — $588,528

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.