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These days, finding an affordable place to live in the Chenega area can be challenging. Home prices in Chenega are now at a median cost of $85,000, lower than the Alaska average of $346,273.
The average cost of rent is $961/mo in Chenega, primarily driven by the current value of real estate in the Chenega area. In Chenega, 60.76% of households rent, and 83.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chenega is $4,896 per month. Households that rent pay about 19.63% of their income on rent here. Chenega’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bear Creek, AK: higher priced homes
- Seward, AK: higher priced homes
- Whittier, AK: equally priced homes
- Moose Pass, AK: higher priced homes
- Cooper Landing, AK: higher priced homes
- Tatitlek, AK: equally priced homes
- Girdwood, AK: higher priced homes
- Hope, AK: higher priced homes
- Indian, AK: higher priced homes
- Cordova, AK: higher priced homes
Cities with Similar Populations
- Brandeis, CA: higher priced homes
- Oreana, ID: higher priced homes
- Orviston, PA: higher priced homes
- Oscar, OK: less expensive homes
- Frederick, KS: less expensive homes
- Bryants Corner, VA: higher priced homes
- Brownington, MO: higher priced homes
- Brighton, AR: higher priced homes
- Bridgeport, OR: higher priced homes
- Bridal Veil, OR: higher priced homes
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