Mortgage Rates in Wrangell, Alaska — March 2026
Updated March 2026 | Based on Wrangell market data and regional lending conditions
Wrangell is a growing city in Alaska with a population of 2,127. The current 30-year fixed mortgage rate in Wrangell is 6.9%, which is 0.25% above the national average. With a median home price of $239,000 and a 20% down payment of $47,800, homebuyers can expect a monthly principal and interest payment of approximately $1,259.
Current Mortgage Rates in Wrangell, AK
Below are the current average mortgage rates available in the Wrangell area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.9% | 6.65% | +0.25% |
| 15-Year Fixed | 6.11% | 5.89% | +0.22% |
| 5/1 ARM | 6.34% | 6.15% | +0.19% |
| FHA | 6.57% | 6.25% | +0.32% |
| VA | 6.32% | 6.05% | +0.27% |
| Jumbo | 7.15% | 6.85% | +0.3% |
Wrangell Housing Market Overview
The Wrangell housing market offers relatively affordable housing compared to many major cities. The median household income in Wrangell is $76,400, and the cost of living index is 124.1 (national average = 100). Based on the 28% affordability rule, the median income in Wrangell is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Wrangell
Based on the median home price of $239,000 with 20% down ($47,800), here is what you can expect to pay monthly in Wrangell:
15-Year vs. 30-Year Mortgage in Wrangell
Choosing a 15-year mortgage in Wrangell at 6.11% instead of a 30-year at 6.9% would save you $160,740 in total interest over the life of the loan. However, your monthly payment would be $1,625 instead of $1,259 — an increase of $366 per month.
Calculate Your Wrangell Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Wrangell
What are the current mortgage rates in Wrangell, AK?
As of March 2026, the average 30-year fixed mortgage rate in Wrangell, Alaska is 6.9%, while the 15-year fixed rate is 6.11%. FHA loans average 6.57% and VA loans 6.32%. These rates are 0.25% above the national average of 6.65%.
How much is a monthly mortgage payment in Wrangell?
Based on the median home price of $239,000 with 20% down, the estimated monthly mortgage payment in Wrangell is $1,259 for principal and interest. Including property taxes of $203/month, the total monthly housing cost is approximately $1,462.
What income do I need to buy a home in Wrangell?
Using the 28% rule, you would need an annual income of approximately $62,657 to afford the median-priced home in Wrangell at $239,000. The median household income in Wrangell is $76,400. The median income is currently sufficient to meet this threshold.
Is Wrangell a good place to buy a home in 2026?
Wrangell has a higher cost of living than average with a cost of living index of 124.1 (national average = 100). The property tax rate in Alaska is 1.02%, which is near the national average. Wrangell has a population of 2,127 and offers a balanced lifestyle.
Mortgage Rates in Other Alaska Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Wrangell, Alaska area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.