
Home Price Key
These days, finding an affordable place to live in the Cordova area can be challenging. Home prices in Cordova are now at a median cost of $331,728, higher than the Alaska average of $254,370.
The average cost of rent is $1,253/mo in Cordova, primarily driven by the current value of real estate in the Cordova area. While nearly 72.89% of residents own their homes outright in Cordova, 36.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cordova is $6,501 per month. Households that rent pay about 19.27% of their income on rent here. Cordova's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
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