The Most Affordable Neighborhoods in Buffalo Soapstone, AK by Home Value

 

Buffalo Soapstone, AK Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Buffalo Soapstone area can be challenging. Home prices in Buffalo Soapstone are now at a median cost of $387,800, higher than the Alaska average of $346,273.

The average cost of rent is $1,450/mo in Buffalo Soapstone, primarily driven by the current value of real estate in the Buffalo Soapstone area. In Buffalo Soapstone, 12.94% of households rent, and 44.57% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Buffalo Soapstone is $7,901 per month. Households that rent pay about 18.35% of their income on rent here. Buffalo Soapstone’s most expensive areas are in the eastern regions, while the cheapest areas are in the eastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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