The Most Affordable Neighborhoods in Abbott Loop, Anchorage, AK by Home Value

 

Abbott Loop, Anchorage, AK Map of Most Affordable Neighborhoods
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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.


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