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Rent in Kenai, AK

A 2-bedroom in Kenai, AK (ZIP 99611) typically rents for about $1,145 a month, with a range of $1,145–$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

Typical monthly rent in Kenai, AK by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$833$833–$1,0561
1 bed$838$838–$1,0631
2 beds$1,145$1,145–$1,3901
3 beds$1,581$1,581–$1,9251
4 beds$2,323$2,3231

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).

Kenai ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Kenai, AK?
About $1,145 a month: the median of the typical rents in 1 ZIP code, which range from $1,145–$1,390. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Kenai, AK?
About $838 a month: the median of the typical rents in 1 ZIP code, which range from $838–$1,063. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Kenai, AK?
About $1,581 a month: the median of the typical rents in 1 ZIP code, which range from $1,581–$1,925. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Kenai, AK?
About $833 a month: the median of the typical rents in 1 ZIP code, which range from $833–$1,056. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Kenai, AK?
About $2,323 a month: the median of the typical rents in 1 ZIP code, which range from $2,323. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Kenai, 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 Kenai rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).