Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Fort Richardson area can be challenging. Home prices in Fort Richardson are now at a median cost of $427,988, higher than the Alaska average of $254,370.
The average cost of rent is $2,477/mo in Fort Richardson, primarily driven by the current value of real estate in the Fort Richardson area. While nearly 23.94% of residents own their homes outright in Fort Richardson, 53.12% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fort Richardson is $8,944 per month. Households that rent pay about 27.69% of their income on rent here. Fort Richardson's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Elmendorf Afb, AK: less expensive homes
- Eagle River, AK: less expensive homes
- Anchorage, AK: less expensive homes
- Chugiak, AK: less expensive homes
- Peters Creek, AK: less expensive homes
- Big Lake, AK: less expensive homes
- Knik, AK: less expensive homes
- Knik-Fairview, AK: less expensive homes
- Indian, AK: equally priced homes
- Meadow Lakes, AK: less expensive homes
Cities with Similar Populations
- Lake Norman of Catawba, NC: equally priced homes
- Imperial, PA: less expensive homes
- Indian Hill, OH: higher priced homes
- Indian River Estates, FL: less expensive homes
- Indian Springs, NV: less expensive homes
- Ingram, TX: less expensive homes
- Iola, KS: less expensive homes
- Islip Terrace, NY: less expensive homes
- Kaneohe Station, HI: higher priced homes
- Kayenta, AZ: less expensive homes
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