The Most Affordable Neighborhoods in False Pass, AK by Home Value

 

False Pass, AK Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the False Pass area can be challenging. Home prices in False Pass are now at a median cost of $116,700, lower than the Alaska average of $254,370.

The average cost of rent is $1,025/mo in False Pass, primarily driven by the current value of real estate in the False Pass area. While nearly 92.00% of residents own their homes outright in False Pass, 65.03% rent.

Housing affordability isn’t just about home prices, though. The average household income in False Pass is $7,240 per month. Households that rent pay about 14.16% of their income on rent here. False Pass's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.


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