Matanuska Valley

Wasilla, AK

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Matanuska Valley - Wasilla, AK Area Guide

A glacier-carved valley on the outskirts of Alaska’s capital city

Adventures Fishing Hiking River Outdoors Scenic

Nestled in the valley adjacent to the Matanuska River, the beautiful Matanuska Valley region offers affordable rental properties in the more suburban areas around Wasilla and the more remote lands south of Point MacKenzie.

The breathtaking Matanuska Valley was carved by glaciers some tens of thousands of years ago. What’s left? Thousands of stunning lakes filled with sockeye, pink, coho, chinook, and chum salmon. The area houses over 30 state parks and offers easy access to gorgeous mountains, waterfalls, and campgrounds. Matanuska Glacier, the largest and arguably the most awe-inspiring roadside glacier in Alaska is literally at your fingertips.

The straight-shot commute from Wasilla to Anchorage is part of what makes this valley one of the most settled regions in the state. Nearly one third of residents will make this 45-mile commute to Anchorage each day. However, Wasilla is a smaller bustling hub of its own. Here you’ll find the world-famous Iditarod Sled Dog Race Headquarters, local and chain stores, and delicious eateries.

Rent Trends

As of May 2026, the average apartment rent in Matanuska Valley is $830 for a studio, $1,239 for one bedroom, $1,447 for two bedrooms, and $1,857 for three bedrooms. Apartment rent in Matanuska Valley has increased by 2.0% in the past year.

  • Studio

  • 554 sq ft

    Average Sq Ft

  • $830/month

    Average Rent

  • 1 BR

  • 644 sq ft

    Average Sq Ft

  • $1,239/month

    Average Rent

  • 2 BR

  • 863 sq ft

    Average Sq Ft

  • $1,447/month

    Average Rent

  • 3 BR

  • 1,206 sq ft

    Average Sq Ft

  • $1,857/month

    Average Rent

Getting Around

Exceptionally Drivable

Drivability

100 / 100

Somewhat Bikeable

Bikeability

20 / 100

Local Vibe

Not Noisy

Quiet Score

100 / 100

Points of Interest

Top Apartments in Matanuska Valley

Houses for Rent in Matanuska Valley

Property Management Companies

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.