Real Estate Investing in Wrangell, Alaska (99929)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 99929 (Wrangell, AK)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 28.9% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Wrangell, AK (99929)?
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Market Analysis: 99929 Wrangell
This part of Wrangell Borough is not an easy win. The 99929 ZIP comes in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The investment case in 99929 is significant only for operators who understand what they are buying. A $320K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Within AK, ZIP 99929 trails on several market indicators that neighboring Wrangell Borough submarkets outperform. The gap is real and significant enough to shape underwriting.
The 99929 ZIP's population of 2,105 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that comes in at the need for careful underwriting.
Distressed ZIPs reward experience. robust returns are possible in 99929, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Wrangell:
Market Trends
Home Value History (with trend line)
📊 How Does 99929 Compare?
| Metric | 99929 | Wrangell | Alaska |
|---|---|---|---|
| Home Value | $320,172 | $320,172 | $378,640 |
| 5-Year CAGR | N/A | N/A | 3.6% |
| Avg Rent | $1,098 | $1,098 | - |
| Cap Rate | 2.7% | 2.7% | - |
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 99929 (Wrangell, AK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $320,172 |
| Monthly Rent | $1,098 |
| Price-to-Rent | 24.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.7% |
| 5-Year IRR | 9.7% |
📈 Home Appreciation
| 1-Year | +2.1% ▲ |
| 3-Year CAGR | +7.0% ▲ |
| 5-Year CAGR | N/A |
| 10-Year CAGR | N/A |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (7.0%) exceeds the estimated cap rate (2.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 99929
Population: 2,105
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 99929
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
Should investors consider Wrangell, AK?
Wrangell, AK posts an investability rating of 2.0/5, with median home values near $320K and average rents around $1,098/mo. That combination puts it in the sturdy tier for investor interest.
How much is rent in Wrangell, AK?
Average rent in Wrangell, AK is approximately $1,098/mo per month. Against $320K home values that yields a reasonable rent-to-price ratio.
Are there empty rentals in Wrangell, AK?
Vacancy risk in Wrangell, AK is elevated. That supports even-keeled cash flow for typical rental holds.
What is it like being a landlord in Wrangell, AK?
Landlord-friendliness in Wrangell, AK is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What is the best play in Wrangell, AK?
The best-fit strategy in Wrangell, AK is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
You know 99929 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 99929 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
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