Rent in Homer, AK
A 2-bedroom in Homer, AK (ZIP 99603) typically rents for about $1,313 a month, with a range of $1,313–$1,390. Owner-occupied homes in Kenai Peninsula Borough pay about 0.63% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $935 | $935–$1,056 | 1 |
| 1 bed | $1,054 | $1,054–$1,063 | 1 |
| 2 beds | $1,313 | $1,313–$1,390 | 1 |
| 3 beds | $1,569 | $1,569–$1,925 | 1 |
| 4 beds | $1,583 | $1,583–$2,323 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Homer ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Homer, AK?
- About $1,313 a month: the median of the typical rents in 1 ZIP code, which range from $1,313–$1,390. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Homer, AK?
- About $1,054 a month: the median of the typical rents in 1 ZIP code, which range from $1,054–$1,063. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Homer, AK?
- About $1,569 a month: the median of the typical rents in 1 ZIP code, which range from $1,569–$1,925. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Homer, AK?
- About $935 a month: the median of the typical rents in 1 ZIP code, which range from $935–$1,056. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Homer, AK?
- About $1,583 a month: the median of the typical rents in 1 ZIP code, which range from $1,583–$2,323. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Homer, AK?
- Owner-occupied homes in Kenai Peninsula Borough pay a typical 0.63% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Homer rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).