
Affordable
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These days, finding an affordable place to live in the Elfin Cove area can be challenging. Home prices in Elfin Cove are now at a median cost of $311,780, lower than the Alaska average of $346,273.
The average cost of rent is $1,153/mo in Elfin Cove, primarily driven by the current value of real estate in the Elfin Cove area. In Elfin Cove, 31.91% of households rent, and 76.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elfin Cove is $6,289 per month. Households that rent pay about 18.33% of their income on rent here. Elfin Cove’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Gustavus, AK: equally priced homes
- Sunnyside, AK: equally priced homes
- Pelican, AK: equally priced homes
- Hoonah, AK: equally priced homes
- Tenakee Springs, AK: less expensive homes
- Tee Harbor, AK: higher priced homes
- Auke Bay, AK: higher priced homes
- Juneau, AK: higher priced homes
- West Juneau, AK: higher priced homes
- Douglas, AK: higher priced homes
Cities with Similar Populations
- Reese River, NV: less expensive homes
- Mossdale, CA: higher priced homes
- Mount Aerial, KY: less expensive homes
- Mountain Lakes, NH: less expensive homes
- Pullentown, NJ: higher priced homes
- Quaid, LA: less expensive homes
- Red Bank, VA: less expensive homes
- Red Diamond, OH: less expensive homes
- Red River Hot Springs, ID: higher priced homes
- Redig, SD: less expensive homes
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