
Affordable
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These days, finding an affordable place to live in the Diamond Ridge area can be challenging. Home prices in Diamond Ridge are now at a median cost of $382,777, higher than the Alaska average of $346,273.
The average cost of rent is $1,235/mo in Diamond Ridge, primarily driven by the current value of real estate in the Diamond Ridge area. In Diamond Ridge, 13.61% of households rent, and 47.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Diamond Ridge is $7,462 per month. Households that rent pay about 16.55% of their income on rent here. Diamond Ridge’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Homer, AK: equally priced homes
- Kachemak, AK: equally priced homes
- Anchor Point, AK: less expensive homes
- Halibut Cove, AK: less expensive homes
- Happy Valley, AK: less expensive homes
- Seldovia, AK: less expensive homes
- Ninilchik, AK: less expensive homes
- Port Graham, AK: less expensive homes
- Nanwalek, AK: less expensive homes
- Cohoe, AK: less expensive homes
Cities with Similar Populations
- Summit, NY: less expensive homes
- Delaplain, KY: less expensive homes
- Deltana, AK: less expensive homes
- DeTour Village, MI: less expensive homes
- Dunlow, WV: less expensive homes
- East Rochester, PA: less expensive homes
- East Titusville, PA: less expensive homes
- Eldorendo, GA: less expensive homes
- Stockton, AL: less expensive homes
- Stovall, GA: less expensive homes
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