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Affordable
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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 $228,508, lower than the Alaska average of $346,273.
The average cost of rent is $1,166/mo in Big Lake, primarily driven by the current value of real estate in the Big Lake area. In Big Lake, 19.11% of households rent, and 55.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Big Lake is $5,134 per month. Households that rent pay about 22.71% of their income on rent here. Big Lake’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Knik, AK: less expensive homes
- Houston, AK: higher priced homes
- Knik-Fairview, AK: higher priced homes
- Meadow Lakes, AK: higher 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: higher priced homes
- Wasilla, AK: higher priced homes
Cities with Similar Populations
- Zephyrhills South, FL: less expensive homes
- Zumbrota, MN: higher priced homes
- Country Lake Estates, NJ: equally priced homes
- Oakland, FL: higher priced homes
- Oakboro, NC: higher priced homes
- Oak Hill, TN: higher priced homes
- Oak Hill, OH: less expensive homes
- Novelty, OH: higher priced homes
- Cottonport, LA: less expensive homes
- Northvale, NJ: higher priced homes
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