The Most Affordable Neighborhoods in Dot Lake, AK by Home Value

These days, finding an affordable place to live in the Dot Lake area can be challenging. Home prices in Dot Lake are now at a median cost of $145,361, lower than the Alaska average of $346,273.

The average cost of rent is $821/mo in Dot Lake, primarily driven by the current value of real estate in the Dot Lake area. In Dot Lake, 28.43% of households rent, and 84.94% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Dot Lake is $5,184 per month. Households that rent pay about 15.83% of their income on rent here. Dot Lake’s most expensive areas are in the northwestern 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.

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