What is the median rent in South Lakes, AK?
The median gross rent in South Lakes, AK is $1,178 (±$79) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 604 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
Figures last updated on .
- Median gross rent
- $1,178 (±$79)
- Rented homes
- 604 (±144)
- $2,000 or more
- 13.6%
How much rent costs in South Lakes
| Monthly gross rent | South Lakes | Matanuska-Susitna Borough | Alaska | United States |
|---|---|---|---|---|
| Less than $500 | 5.5% (±4.9 points) | 5.8% | 4.7% | 6.3% |
| $500 to $999 | 17.5% (±13.4 points) | 20.5% | 16.5% | 20.2% |
| $1,000 to $1,499 | 48.2% (±13.2 points) | 36.3% | 34.4% | 28.1% |
| $1,500 to $1,999 | 15.2% (±11.9 points) | 21.0% | 24.4% | 21.1% |
| $2,000 to $2,499 | 8.3% (±5.5 points) | 11.8% | 12.0% | 12.0% |
| $2,500 to $2,999 | 3.1% (±3.9 points) | 2.6% | 5.6% | 5.5% |
| $3,000 or more | 2.2% (±3.3 points) | 2.1% | 2.4% | 6.8% |
The most common range is $1,000 to $1,499, paid by 48.2% of renting households.
13.6% of rented homes in South Lakes cost $2,000 or more a month.
South Lakes against Matanuska-Susitna Borough, its state and the nation
| South Lakes | Matanuska-Susitna Borough | Alaska | United States | |
|---|---|---|---|---|
| Median gross rent | $1,178 (±$79) | $1,299 (±$55) | $1,419 (±$23) | $1,413 |
| Rented homes paying rent | 604 (±144) | 8,502 (±472) | 81,827 (±1,784) | 42,849,984 |
In South Lakes, median gross rent is lower than in Matanuska-Susitna Borough ($1,299).
It is also lower than in Alaska ($1,419).
It is lower than the national figure ($1,413).
In Matanuska-Susitna Borough, South Lakes ranks 11 of 16 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 52 of 129.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Median gross rent in places near South Lakes
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| South Lakes | — | $1,178 (±$79) | — |
| North Lakes | 2.1 mi | $1,441 (±$124) | Higher |
| Gateway | 3.4 mi | $1,741 (±$222) | Higher |
| Wasilla | 4.8 mi | $1,153 (±$73) | Not measurably different |
| Tanaina | 6.1 mi | $1,398 (±$75) | Higher |
| Farm Loop | 6.2 mi | $1,991 (±$231) | Higher |
| Palmer | 6.6 mi | $1,125 (±$90) | Not measurably different |
| Fishhook | 10.0 mi | $1,837 (±$328) | Higher |
| Meadow Lakes | 10 mi | $1,377 (±$230) | Not measurably different |
Nearby places with a measurably higher figure: North Lakes, AK ($1,441), Gateway, AK ($1,741), Tanaina, AK ($1,398).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Matanuska-Susitna Borough, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 5 | Knik-Fairview | $1,588 (±$119) |
| 6 | North Lakes | $1,441 (±$124) |
| 7 | Tanaina | $1,398 (±$75) |
| 8 | Meadow Lakes | $1,377 (±$230) |
| 9 | Willow | $1,375 (±$278) |
| 10 | Big Lake | $1,235 (±$127) |
| 11 | South Lakes | $1,178 (±$79) |
| 12 | Wasilla | $1,153 (±$73) |
| 13 | Palmer | $1,125 (±$90) |
| 14 | Lazy Mountain | $980 (±$181) |
| 15 | Sutton-Alpine | $961 (±$141) |
| 16 | Houston | $887 (±$158) |
Showing 12 of 16 places in Matanuska-Susitna Borough, ranked from highest to lowest.
South Lakes is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about South Lakes
What is the average rent in South Lakes, AK?
The Census Bureau publishes the median rather than the average: the median gross rent in South Lakes is $1,178 (±$79) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How many rentals in South Lakes cost more than $2,000 a month?
13.6% of rented homes in South Lakes have a gross rent of $2,000 or more a month, and 5.5% cost less than $500.
Is rent in South Lakes higher than in Matanuska-Susitna Borough?
In South Lakes, median gross rent is lower than in Matanuska-Susitna Borough ($1,299).
It is also lower than in Alaska ($1,419).
It is lower than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — South Lakes CDP, Alaska
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — South Lakes CDP, Alaska
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — South Lakes CDP, Alaska
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for South Lakes CDP, Alaska (place:72135, in state:02).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in South Lakes at a glance
- Rent by bedrooms in South Lakes
- Rent burden in South Lakes
- Renters and owners in South Lakes
- Income and affordability in South Lakes
- Home values in South Lakes
- Homeowner costs in South Lakes
- Property taxes in South Lakes
- Types of homes in South Lakes
- Bedrooms in South Lakes
- Age of homes in South Lakes
- Heating fuel in South Lakes
- Commute and cars in South Lakes
- How long people stay in South Lakes
- Crowding and facilities in South Lakes
- Alaska landlord and tenant rules
- Housing across Matanuska-Susitna Borough
- Alaska places ranked by median rent
- Housing data for every place in Alaska