Mortgage Rates in Alaska — March 2026
Compare current mortgage rates across 15 cities in Alaska. The average 30-year fixed rate is 6.7%, which is 0.05% above the national average of 6.65%.
Alaska Housing Highlights
All 15 Cities in Alaska
| City | 30-Yr Rate | Home Price | Monthly P&I | Population |
|---|---|---|---|---|
| Anchorage | 6.7% | $355,000 | $1,833 | 291,247 |
| Juneau | 6.7% | $415,000 | $2,142 | 32,255 |
| Fairbanks | 6.7% | $275,000 | $1,420 | 31,535 |
| Eagle River | 6.67% | $276,000 | $1,420 | 25,650 |
| Badger | 6.74% | $290,000 | $1,503 | 19,482 |
| Knik-Fairview | 6.72% | $281,000 | $1,454 | 17,682 |
| College | 6.72% | $293,000 | $1,516 | 12,964 |
| Wasilla | 6.7% | $295,000 | $1,523 | 12,459 |
| Tanaina | 6.64% | $302,000 | $1,549 | 11,290 |
| Meadow Lakes | 6.72% | $278,000 | $1,438 | 9,197 |
| Sitka | 6.7% | $375,000 | $1,936 | 8,458 |
| Ketchikan | 6.7% | $335,000 | $1,729 | 8,192 |
| Palmer | 6.7% | $315,000 | $1,626 | 7,306 |
| Bethel | 6.68% | $285,000 | $1,468 | 6,325 |
| Kodiak | 6.7% | $345,000 | $1,781 | 5,968 |
Alaska Mortgage Rates Guide — 2026
Alaska homebuyers currently see an average 30-year fixed mortgage rate of 6.7%, with median home prices around $314,333. At these rates, the typical monthly mortgage payment (principal and interest with 20% down) is $1,623.
The most affordable city for homebuyers in Alaska is Fairbanks, where the median home price is $275,000. On the other end, Juneau has the highest prices at $415,000. Property tax rates across the state average 1.04%.
To comfortably afford a home at the state average price, a household income of approximately $69,557 is recommended, following the standard guideline that housing costs should not exceed 28% of gross income.
Use our free loan calculator to see your exact monthly payments and amortization schedule, or browse individual city pages below for localized rate data and market insights.
Frequently Asked Questions — Alaska Mortgages
What are current mortgage rates in Alaska?
As of March 2026, the average 30-year fixed mortgage rate in Alaska is 6.7% and the 15-year fixed rate averages 5.94%. Rates vary by city, lender, and borrower qualification.
What is the average home price in Alaska?
The median home price across 15 cities in Alaska is $314,333. Prices range from $275,000 in Fairbanks to $415,000 in Juneau.
How much income do I need to buy a house in Alaska?
Based on the 28% debt-to-income guideline, you would need a household income of approximately $69,557 to comfortably afford the average home in Alaska. The median household income in the state is approximately $70,058.
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