Market report

Seward, AK short-term rental market report (2026)

Kenai Peninsula Borough, Alaska. Rules, revenue, home values, demand, climate, reach and risk, each figure with its source.

39/100 Opportunity Score partial
  • RulesLight-touch (2/5)
  • 4-BR typical value$490K
  • FEMA riskRelatively Moderate
  • Demand drivers within 50 mi2
  • People within 300 mi485,203
  • ClimateFour-season
Data as of September 21, 2026 County figures: Kenai Peninsula Borough

Everything STR HUB holds on Seward, AK in one place, in the order an investor needs it: whether you can operate, what the numbers are, why and when people come, who can reach it, and what could go wrong.

Every figure comes from a named dataset listed under Sources and method, dated September 21, 2026. Where we do not hold a figure, that part of the report is left out rather than estimated. The Opportunity Score here is partial: it was calculated without revenue data, with the cash-flow component assumed to be below average, so it can understate the market.

Can you operate in Seward?

2/5 Light-touch

Seward's short-term rental rules rate 2 out of 5 (Light-touch), on a scale from 1 (relaxed) to 5 (very strict). This rating was derived from the regulation text we hold and has not yet been reviewed by a person. Treat it as provisional.

Short-term rental rules on file for Seward, AK
RuleWhat we hold on file
JurisdictionCity of Seward (Community Development Department)
Permit or licenceShort-Term Rental Permit (for lodging with 5 or fewer rooms), applied for jointly with the city's online Business License application via the OpenGov portal; the permit is valid January 1 – December 31, renewable starting in October for the following year, and the permit number must appear in all advertising for the rental.
Permit fee$50 permit fee plus $45 inspection fee.
Lodging and sales taxesCombined sales tax of roughly 7% (3% Kenai Peninsula Borough + 4% City of Seward) plus a separate 4% City of Seward bed tax on lodging — roughly 11% total tax on a lodging stay.
PenaltiesA business license will not be issued until all short-term rental permit requirements have been met and approved — i.e., no business license without STR permit compliance.

Rules for Seward last verified September 20, 2026. Rules change, and a city rating does not cover HOA or deed restrictions. Confirm current requirements with the jurisdiction before you buy or list.

Which way the rules are moving

Stable. The rules we hold report no recent or pending change.

A permit and inspection fee are required and must be renewed annually, but no cap, zoning ban, or owner-occupancy rule was found — a straightforward registration-plus-tax-collection regime.

Classified from the regulation text we publish; a direction is only kept when the sentence it rests on appears word for word in that text.

The numbers

We have not verified revenue figures for this market yet.

Home values in Kenai Peninsula Borough

Typical 4-bedroom home
$489,954
Alaska statewide: $534K
Typical home, all sizes
$351,179
Alaska statewide: $399K
One-year change, all homes
+7.5%
Alaska statewide: +5.7%

Zillow Home Value Index: county-wide typical values for Kenai Peninsula Borough, not list prices. A specific property can sit well above or below them.

What it costs to own

Effective property tax rate
0.66%
county median taxes paid divided by median home value, owner-occupied homes
Estimated annual tax, typical 4BR
$3,234
county effective rate times the typical 4-bedroom value; not a bill
Estimated annual tax, typical home
$2,318
county effective rate times the typical home value; not a bill
Expected annual hazard loss
$393
per $100,000 of building value (FEMA, county average); not an insurance premium
Combined lodging tax
11%

Screening figures, not a bill or a quote. The tax rate is a county-wide median for owner-occupied homes (U.S. Census Bureau, ACS 2018-2022); second homes and rentals are often taxed more heavily, and a purchase usually resets the assessed value. Expected annual loss is from the FEMA National Risk Index.

Housing market momentum

Momentum
Steady
score 62 of 100, relative to the other tracked markets

County-level, for-sale housing market: it says nothing directly about STR bookings. A relative ranking among tracked markets, not a forecast. Sources: Realtor.com Economic Research, U.S. Census Bureau, Zillow Home Value Index.

Why people come

2 demand drivers sit within 50 miles of Seward. Ordered by published attendance. Attendance appears only where a source publishes it.

Attractions

  • Seward cruise & rail gateway
    scenic icon · Seward, AK · 1 mi from Seward
    When
    Mid-May to mid-September.
    Attendance
    200,000 (Wikipedia (Seward, Alaska): "In 2023, there were 87 cruise ship visits to Seward, bringing nearly 200,000 tourists." Kenai Fjords National Park is a separate entry in the dataset.)
    STR angle
    A turnaround port: passengers begin or end cruises here and often add nights for Kenai Fjords boat tours and fishing, unlike port-of-call towns. A new cruise dock is planned; the season is about sixteen weeks and the city licenses STRs.

Parks and public lands

  • Kenai Fjords National Park
    national park · Seward, AK · 0 mi from Seward
    When
    Year-round; peaks June, July, August (by recreation-visit volume, 2025).
    Attendance
    425,369 (NPS recreation visits, full calendar year 2025)
    STR angle
    A core driver of Seward's summer cabin/inn market alongside cruise and fishing tourism.

When they come

Four-season climate: comfortable months are spread across the year without one dominant season. 2 of 12 months have an average high between 60°F and 88°F, and 8 months average six inches or more of snow. Warmest month: August (average high 63°F). Coldest: December (average low 17°F).

  1. Jan26°19°ColdSnow
  2. Feb29°19°ColdSnow
  3. Mar32°24°ColdSnow
  4. Apr40°31°ColdSnow
  5. May48°38°CoolSnow
  6. Jun59°49°Cool
  7. Jul63°54°Comfortable
  8. Aug63°53°Comfortable
  9. Sep54°45°Cool
  10. Oct43°35°ColdSnow
  11. Nov31°22°ColdSnow
  12. Dec28°17°ColdSnow
Monthly climate normals for Seward, AK
MonthJanFebMarAprMayJunJulAugSepOctNovDec
Average high (°F)262932404859636354433128
Average low (°F)191924313849545345352217
Precipitation (in)12.56.910.05.59.36.98.913.314.713.314.712.5
Snowfall (in)77.646.860.132.316.20.20.00.02.515.060.066.3
Sunshine (hours a day)2.74.36.38.98.010.49.49.06.44.32.91.8

This is climate and events, not booking data. Monthly normals are 2019-2023 averages from the Open-Meteo Historical Weather API (ERA5 reanalysis) at the market pin. We do not hold monthly occupancy or rate data for this market.

Who can reach it

People within 150 miles
465,570
roughly a 2.5 to 3 hour drive
People within 300 miles
485,203
roughly a 5 hour drive

Largest counties within 150 miles

Largest counties by population within 150 miles of Seward, AK
CountyPopulation
Anchorage Municipality, AK290,674
Matanuska-Susitna Borough, AK108,661
Kenai Peninsula Borough, AK59,235

County populations (U.S. Census Bureau, ACS 2018-2022) summed for every county whose centre lies within each straight-line radius. Straight lines are shorter than roads, so read these as generous upper bounds, not drive-time counts.

What could go wrong

FEMA National Risk Index
Relatively Moderate
overall rating for Kenai Peninsula Borough
Risk score
93.0
of 100, a national percentile: higher means more risk than more U.S. counties
Highest-scoring hazards
Earthquake, Wildfire
of the hazards we track for Kenai Peninsula Borough
FEMA National Risk Index hazard ratings for Kenai Peninsula Borough
HazardFEMA ratingScore (0-100)
EarthquakeRelatively High98.7
WildfireRelatively Moderate97.1
Winter weatherRelatively High93.9
River floodingRelatively Low43.8
Coastal floodingVery Low33.8
HailVery Low2.7
TornadoVery Low0.8

This is a county-level index, not an insurance quote or a flood-zone determination. A coastal or wildfire-fringe rental can carry far more exposure than its county average suggests. FEMA does not model hurricane for this county, which is not the same as zero risk. Get property-level flood, wind and wildfire quotes before you buy.

Market context

Housing and jobs in Kenai Peninsula Borough

Vacation-home share
18.6%
Alaska statewide: 9.3%
Homes with 4+ bedrooms
15.8%
Alaska statewide: 19.3%
Jobs in tourism industries
9.3%
Alaska statewide: 8.9%

U.S. Census Bureau, American Community Survey 2018-2022. Vacation-home share is housing units held for seasonal, recreational or occasional use. All three describe the whole county, not one town or neighbourhood.

What is within 15 km of the Seward pin

Amenity score
47
of 100, relative to the other tracked markets
Restaurants, cafes and bars
31
Attractions
11
Outdoor features
29
Hotels, motels and resorts
32
competing lodging, not counted in the amenity score

Counts of features mapped in OpenStreetMap within 15 km of the market pin. A fixed radius favours dense metros, and map coverage varies by area.

Similar markets

The 4 tracked markets whose numbers sit closest to Seward's. Each links to its own report.

Closest by normalised distance across the figures both markets hold (typical 4BR value, revenue, occupancy, regulation rating, vacation-home share, tourism job share, 4+ bedroom share, amenity score, population within 300 miles, comfortable months and FEMA risk score). At most 2 of the 4 come from Alaska, so the list is not just the neighbours. Similar numbers do not mean similar rules: check each market's regulation section.

See Seward on the map

Open Seward on the National STR Map to see it against its neighbours, switch overlays and run the deal calculator on your own assumptions.

Seward STR questions, answered from the data

Is Airbnb legal in Seward?

STR HUB rates Seward's short-term rental rules 2/5 (Light-touch) on a scale from 1 (relaxed) to 5 (very strict). That rating was derived from the regulation text we hold and has not yet been reviewed by a person. Permit rule on file: Short-Term Rental Permit (for lodging with 5 or fewer rooms), applied for jointly with the city's online Business License application via the OpenGov portal; the permit is valid January 1 – December 31, renewable starting in… Rules change, so confirm current requirements with the local jurisdiction before you buy or list.

How much does a 4-bedroom home cost in Seward?

The typical 4-bedroom home in Kenai Peninsula Borough is valued at $489,954 (Zillow Home Value Index), and the typical home of any size at $351,179, with all-home values up 7.5% over the past year. These are county-wide typical values, not list prices.

What brings visitors to Seward?

2 demand drivers sit within 50 miles of Seward: Kenai Fjords National Park (425,369 published attendance) and Seward cruise & rail gateway (200,000 published attendance). Attendance is shown only where a source publishes it, and each driver's source is linked in the report.

What natural hazards affect Seward?

FEMA's National Risk Index rates Kenai Peninsula Borough "Relatively Moderate" overall, with a score of 93.0 out of 100 (a national percentile). The highest-scoring hazards we track there are earthquake and wildfire. It is a county-wide index, not an insurance quote or a flood-zone determination.

When is the weather best in Seward?

2 of 12 months have an average high between 60°F and 88°F (July and August). Four-season climate: comfortable months are spread across the year without one dominant season. These are 2019-2023 climate normals, not booking data.

Sources and method

  • Regulation summary and strictness rating: STR Agent HUB regulation research (official source: cityofseward.us).
  • Home values: Zillow Home Value Index (ZHVI), county level. Data provided by Zillow Group.
  • Housing, employment and population figures: U.S. Census Bureau, American Community Survey (ACS) 5-year estimates, 2018-2022.
  • Natural hazard risk: FEMA National Risk Index, county level.
  • Amenity counts: © OpenStreetMap contributors.
  • Climate normals: Open-Meteo Historical Weather API (CC BY 4.0), 2019-2023 averages.
  • Park visitation: National Park Service, NPS Visitor Use Statistics.
  • Demand drivers: each entry links its own published source in the list above.

Figures come from the STR HUB national dataset dated September 21, 2026 and this page is regenerated whenever that dataset is rebuilt. County-level figures describe Kenai Peninsula Borough as a whole, not one street or neighbourhood. The Opportunity Score (0-100) is a screening heuristic that weighs revenue (35%), regulatory climate (25%), tourism employment (15%), nearby amenities (15%) and large-home supply (10%) relative to the other tracked markets.

Confirm before you act. Short-term rental rules change. Confirm current requirements with the jurisdiction, and work with a licensed local agent who knows which properties can legally operate. This report is screening data, not investment, legal or tax advice.

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