Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Big Lake area can be challenging. Home prices in Big Lake are now at a median cost of $256,347, higher than the Alaska average of $254,370.
The average cost of rent is $1,014/mo in Big Lake, primarily driven by the current value of real estate in the Big Lake area. While nearly 51.31% of residents own their homes outright in Big Lake, 21.38% rent.
Housing affordability isn’t just about home prices, though. The average household income in Big Lake is $4,547 per month. Households that rent pay about 22.31% of their income on rent here. Big Lake's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Knik, AK: less expensive homes
- Houston, AK: equally priced homes
- Knik-Fairview, AK: equally priced homes
- Meadow Lakes, AK: equally priced homes
- Chugiak, AK: higher priced homes
- Elmendorf Afb, AK: higher priced homes
- Fort Richardson, AK: higher priced homes
- Eagle River, AK: higher priced homes
- Tanaina, AK: equally priced homes
- Wasilla, AK: higher priced homes
Cities with Similar Populations
- Zephyrhills South, FL: less expensive homes
- Zumbrota, MN: equally priced homes
- Country Lake Estates, NJ: less expensive homes
- Oakland, FL: higher priced homes
- Oakboro, NC: less expensive homes
- Oak Hill, TN: higher priced homes
- Oak Hill, OH: less expensive homes
- Novelty, OH: equally priced homes
- Cottonport, LA: less expensive homes
- Northvale, NJ: higher priced homes
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