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These days, finding an affordable place to live in the Abbott Loop area can be challenging. Home prices in Abbott Loop are now at a median cost of $282,065, lower than the Anchorage average of $301,810.
The average cost of rent is $1,584/mo in Abbott Loop, primarily driven by the current value of real estate in the Abbott Loop area. While nearly 23.80% of residents own their homes outright in Abbott Loop, 29.57% rent.
Housing affordability isn’t just about home prices, though. The average household income in Abbott Loop is $8,100 per month. Households that rent pay about 19.55% of their income on rent here. Abbott Loop's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the neighborhood.
Nearby Neighborhoods
- Campbell Park, Anchorage, AK: less expensive homes
- Taku-Campbell, Anchorage, AK: less expensive homes
- Mid-Hillside, Anchorage, AK: higher priced homes
- Huffman-O'Malley, Anchorage, AK: higher priced homes
- Bayshore-Klatt, Anchorage, AK: higher priced homes
- Old Seward-Oceanview, Anchorage, AK: higher priced homes
- University Area, Anchorage, AK: equally priced homes
- Midtown, Anchorage, AK: less expensive homes
- Rogers Park, Anchorage, AK: higher priced homes
- Spenard, Anchorage, AK: less expensive homes
Neighborhoods with Similar Populations
- Brentwood, Los Angeles, CA: higher priced homes
- Lakewood Heights, Atlanta, GA: less expensive homes
- Portar Ranch, Northridge, CA: higher priced homes
- Bergen-Lafayette, Jersey City, NJ: higher priced homes
- South Baton Rouge, Baton Rouge, LA: equally priced homes
- Morris Park, Philadelphia, PA: less expensive homes
- Clearing, Chicago, IL: less expensive homes
- Midway, Escondido, CA: less expensive homes
- Greater Upper Marlboro, Brock Hall, MD: higher priced homes
- Sand Lake, Anchorage, AK: higher priced homes
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