Zip lookup · AK

99516
Anchorage, Alaska.

Anchorage, Anchorage Borough, AK · Anchorage, AK metro · population 21,500

What it costs per month · 99516 $3,659/mo

to buy the typical home at today's mortgage rate — +$1,766 (+93%) since Jan 2020.

What the home itself did
1 year
Up $34,818 +5%
$662,318$697,137 since Sep 2025
5 years
Up $142,048 +26%
$555,089$697,137 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.

$1,000 $2,000 $3,000 2002 2006 2010 2014 2018 2022 2026 99516 $3,659 United States $1,922
$1,000 $2,000 $3,000 2002 2010 2018 2026
  • 99516$3,659
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 15 years.

Typical home values in zip 99516 rose 5.3% over the past year — faster than the nation's +1.2%.

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 $3,650 as of Sep 2026
Typical home value $697,137 as of Sep 2026
+5.3%year on year

Asking rent — 99516

Against the Anchorage, AK metro and the national benchmark.

$2,000 $2,500 $3,000 $3,500 2026 99516 $3,650 Anchorage $1,890 United States $1,932
$2,000 $2,500 $3,000 $3,500 2026
  • 99516$3,650
  • Anchorage$1,890
  • United States$1,932

Typical home value — 99516

Mid-tier homes, smoothed and seasonally adjusted.

$200,000 $400,000 $600,000 2018 2020 2022 2024 2026 99516 $697,137 Anchorage $424,607 United States $366,157
$200,000 $400,000 $600,000 2018 2022 2026
  • 99516$697,137
  • 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
4.3 99507 Anchorage 37,301 $1,900 $424,233
6.5 99515 Anchorage 21,870 $2,144 $480,494
8.2 99518 Anchorage 9,764 $1,936 $346,961
8.6 99504 Anchorage 42,093 $2,209 $366,544
9.5 99508 Anchorage 36,458 $1,603 $349,730
10.9 99517 Anchorage 16,486 $1,880 $411,950
10.9 99502 Anchorage 25,006 $1,828 $448,793
11.2 99501 Anchorage 16,175 $1,702 $361,618
12.4 99540 Indian 468 — $588,528
16.1 99577 Eagle River 28,477 $2,373 $492,082
18.9 99605 Hope 23 — $255,748

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