Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Anchorage area can be challenging. Home prices in Anchorage are now at a median cost of $606,242, higher than the Kentucky average of $164,895.
The average cost of rent is $1,570/mo in Anchorage, primarily driven by the current value of real estate in the Anchorage area. While nearly 25.31% of residents own their homes outright in Anchorage, 6.77% rent.
Housing affordability isn’t just about home prices, though. The average household income in Anchorage is $14,117 per month. Households that rent pay about 11.12% of their income on rent here. Anchorage's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
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Cities with Similar Populations
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- Cole Camp, MO: less expensive homes
- Woodworth, LA: less expensive homes
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