The Most Affordable Neighborhoods in Eagle River Valley, Eagle River, AK by Home Value

 

Eagle River Valley, Eagle River, AK Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Eagle River Valley area can be challenging. Home prices in Eagle River Valley are now at a median cost of $395,437, higher than the Eagle River average of $381,466.

The average cost of rent is $2,448/mo in Eagle River Valley, primarily driven by the current value of real estate in the Eagle River Valley area. While nearly 27.10% of residents own their homes outright in Eagle River Valley, 17.98% rent.

Housing affordability isn’t just about home prices, though. The average household income in Eagle River Valley is $11,166 per month. Households that rent pay about 21.92% of their income on rent here. Eagle River Valley's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the neighborhood.


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