Expensive
Affordable
Affordable
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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 $404,140, higher than the Alaska average of $346,273.
The average cost of rent is $2,263/mo in Fort Richardson, primarily driven by the current value of real estate in the Fort Richardson area. In Fort Richardson, 88.36% of households rent, and 90.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fort Richardson is $7,723 per month. Households that rent pay about 29.30% of their income on rent here. Fort Richardson’s most expensive areas are in the northeastern 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.
Nearby Cities
- Elmendorf Afb, AK: equally priced homes
- Eagle River, AK: equally priced homes
- Anchorage, AK: equally priced homes
- Chugiak, AK: higher priced homes
- Peters Creek, AK: higher priced homes
- Big Lake, AK: less expensive homes
- Knik, AK: less expensive homes
- Knik-Fairview, AK: less expensive homes
- Indian, AK: higher priced homes
- Meadow Lakes, AK: less expensive homes
Cities with Similar Populations
- Lake Norman of Catawba, NC: higher 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: higher priced homes
- Kaneohe Station, HI: higher priced homes
- Kayenta, AZ: less expensive homes
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