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Affordable
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These days, finding an affordable place to live in the Chignik Lagoon area can be challenging. Home prices in Chignik Lagoon are now at a median cost of $237,500, lower than the Alaska average of $346,273.
The average cost of rent is $936/mo in Chignik Lagoon, primarily driven by the current value of real estate in the Chignik Lagoon area. In Chignik Lagoon, 34.57% of households rent, and 71.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chignik Lagoon is $5,469 per month. Households that rent pay about 17.12% of their income on rent here. Chignik Lagoon’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.
Nearby Cities
- Chignik Lake, AK: equally priced homes
- Perryville, AK: equally priced homes
- Port Heiden, AK: equally priced homes
- Pilot Point, AK: equally priced homes
- Sand Point, AK: less expensive homes
- Nelson Lagoon, AK: less expensive homes
- Egegik, AK: equally priced homes
- Akhiok, AK: less expensive homes
- King Cove, AK: less expensive homes
- South Naknek, AK: equally priced homes
Cities with Similar Populations
- Annamoriah, WV: less expensive homes
- Bryant, MS: less expensive homes
- Aullville, MO: less expensive homes
- Artesia Wells, TX: less expensive homes
- Neihart, MT: higher priced homes
- Arnold, KS: less expensive homes
- New Lenox, MA: higher priced homes
- National, WA: higher priced homes
- Broadmoor, IL: less expensive homes
- New Trenton, IN: higher priced homes
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