Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Gateway area can be challenging. Home prices in Gateway are now at a median cost of $419,895, higher than the Alaska average of $346,273.
The average cost of rent is $1,614/mo in Gateway, primarily driven by the current value of real estate in the Gateway area. In Gateway, 17.54% of households rent, and 28.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gateway is $10,138 per month. Households that rent pay about 15.92% of their income on rent here. Gateway’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lakes, AK: less expensive homes
- Palmer, AK: less expensive homes
- Wasilla, AK: less expensive homes
- Buffalo Soapstone, AK: equally priced homes
- Tanaina, AK: less expensive homes
- Lazy Mountain, AK: less expensive homes
- Knik-Fairview, AK: less expensive homes
- Meadow Lakes, AK: less expensive homes
- Eska, AK: less expensive homes
- Chugiak, AK: higher priced homes
Cities with Similar Populations
- Cold Spring, MN: less expensive homes
- Trenton, TN: less expensive homes
- Cuba, MO: less expensive homes
- Cross Plains, WI: higher priced homes
- Coupeville, WA: higher priced homes
- Countryside, IL: less expensive homes
- Country Homes, WA: equally priced homes
- Columbus, NC: less expensive homes
- Colonial Heights, TN: less expensive homes
- Warsaw, MO: less expensive homes
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