Mortgage Rates in AlaskaApril 2026

Compare current mortgage rates across 44 cities in Alaska. The average 30-year fixed rate is 6.75%, which is 0.66% above the national average of 6.09%.

6.75%
Avg 30-Year Fixed
5.99%
Avg 15-Year Fixed
$285,432
Avg Home Price
$1,480/mo
Avg Monthly Payment

Alaska Housing Highlights

Most Affordable City
Unalaska
$225,000 median | $1,176/mo
Lowest Home Price
Craig
$219,000 median
Highest Home Price
Chevak
$460,000 median

All 44 Cities in Alaska

City30-Yr RateHome PriceMonthly P&IPopulation
Anchorage6.7%$355,000$1,833291,247
Juneau6.7%$415,000$2,14232,255
Fairbanks6.7%$275,000$1,42031,535
Chevak6.62%$460,000$2,35527,601
Hoonah6.73%$425,000$2,20126,765
Eagle River6.67%$276,000$1,42025,650
Steele Creek6.9%$370,000$1,94922,182
Wasilla Lakes6.79%$375,000$1,95419,814
Badger6.74%$290,000$1,50319,482
Knik-Fairview6.72%$281,000$1,45417,682
College6.72%$293,000$1,51612,964
Wasilla6.7%$295,000$1,52312,459
Tanaina6.64%$302,000$1,54911,290
Meadow Lakes6.72%$278,000$1,4389,197
Sitka6.7%$375,000$1,9368,458
Lakes6.64%$284,000$1,4578,364
Ketchikan6.7%$335,000$1,7298,192
Kenai6.83%$251,000$1,3137,424
Palmer6.7%$315,000$1,6267,306
Gateway6.61%$242,000$1,2386,789
Bethel6.68%$285,000$1,4686,325
Kodiak6.7%$345,000$1,7815,968
Sterling6.79%$287,000$1,4955,918
Homer6.8%$281,000$1,4665,522
Farmers Loop6.74%$278,000$1,4415,140
Soldotna6.61%$241,000$1,2334,768
Unalaska6.82%$225,000$1,1764,758
Barrow6.74%$256,000$1,3274,581
Valdez6.83%$257,000$1,3443,982
Big Lake6.74%$274,000$1,4203,833
Nome6.89%$235,000$1,2373,699
Butte6.76%$220,000$1,1433,634
Petersburg6.89%$265,000$1,3953,398
Kotzebue6.63%$257,000$1,3173,201
Seward6.7%$240,000$1,2392,773
Cordova6.76%$227,000$1,1792,609
Haines6.78%$227,000$1,1812,547
Houston6.83%$251,000$1,3132,432
Dillingham6.84%$222,000$1,1632,368
North Pole6.73%$242,000$1,2532,243
Wrangell6.9%$239,000$1,2592,127
Tok6.83%$226,000$1,1821,258
Delta Junction6.89%$268,000$1,4111,059
Craig6.8%$219,000$1,1421,036

Alaska Mortgage Rates Guide — 2026

Alaska homebuyers currently see an average 30-year fixed mortgage rate of 6.75%, with median home prices around $285,432. At these rates, the typical monthly mortgage payment (principal and interest with 20% down) is $1,480.

The most affordable city for homebuyers in Alaska is Craig, where the median home price is $219,000. On the other end, Chevak has the highest prices at $460,000. Property tax rates across the state average 1.04%.

To comfortably afford a home at the state average price, a household income of approximately $63,429 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 April 2026, the average 30-year fixed mortgage rate in Alaska is 6.75% and the 15-year fixed rate averages 5.99%. Rates vary by city, lender, and borrower qualification.

What is the average home price in Alaska?

The median home price across 44 cities in Alaska is $285,432. Prices range from $219,000 in Craig to $460,000 in Chevak.

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 $63,429 to comfortably afford the average home in Alaska. The median household income in the state is approximately $72,338.

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