Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Chignik Lake area can be challenging. Home prices in Chignik Lake 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 Lake, primarily driven by the current value of real estate in the Chignik Lake area. In Chignik Lake, 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 Lake is $5,469 per month. Households that rent pay about 17.12% of their income on rent here. Chignik Lake’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
- Chignik Lagoon, 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
- King Cove, AK: less expensive homes
- Akhiok, AK: less expensive homes
- South Naknek, AK: equally priced homes
Cities with Similar Populations
- Needmore, AR: less expensive homes
- Melvin, OH: higher priced homes
- Merrilville, NY: equally priced homes
- Messengerville, NY: less expensive homes
- Meyer, IA: less expensive homes
- Minimum, MO: less expensive homes
- Montevideo, GA: equally priced homes
- Montgomery Ferry, PA: equally priced homes
- Moons, TN: less expensive homes
- Moorman, KY: less expensive homes
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