
Home Price Key
These days, finding an affordable place to live in the Gakona area can be challenging. Home prices in Gakona are now at a median cost of $239,700, lower than the Alaska average of $254,370.
The average cost of rent is $626/mo in Gakona, primarily driven by the current value of real estate in the Gakona area. While nearly 57.43% of residents own their homes outright in Gakona, 29.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gakona is $5,742 per month. Households that rent pay about 10.90% of their income on rent here. Gakona's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
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