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Home values, rents and more in ZIP code 99503 (Midtown, Anchorage, AK)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$337,000
Alaska: $398,000 · U.S.: $366,000
Home values, past year
+5.4%
Alaska: +5.3% · U.S.: +1.2%
Typical rent
$1,430/mo
Alaska: $1,901 · U.S.: $1,932
Rents, past year
+1.4%
Alaska: +5.8% · U.S.: +2.9%
Population
12,964
ACS 2020–24
Median household income
$76,144
Alaska: $92,788 · U.S.: $80,734
ZIP codes around 99503, shaded by typical home value99503995579957699627996679963599691997299964099664996749968899683
  • Under $270k
  • $270k–$350k
  • $350k–$400k
  • $400k–$460k
  • $460k+
  • No data
ZIP codes around 99503, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 99503 is outlined.

How 99503 compares

The typical home in ZIP code 99503 (Midtown, Anchorage, AK) is worth about $337,000, according to the Zillow Home Value Index for September 2026. Home values in 99503 are 15% below the typical value in Alaska ($398,000) and 8% below the U.S. typical value ($366,000).

Over the past year, home values in 99503 rose 5.4%, compared with +5.3% in Alaska and +1.2% nationally.

Typical rent is $1,430 a month (Zillow Observed Rent Index), 25% below Alaska ($1,901) and 26% below the U.S. ($1,932). Rents rose 1.4% over the past year.

The median household income is $76,144, against $92,788 in Alaska and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 12,964 people live in 99503 (American Community Survey 2020–24).

99503 has the 21st-lowest typical home value of the 50 ZIP codes in Alaska with Zillow figures.

Part of: Anchorage, AK · Alaska

More for 99503 in ProMap Plus

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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