The Most Affordable Neighborhoods in Halibut Cove, AK by Home Value

 

Halibut Cove, AK Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Halibut Cove area can be challenging. Home prices in Halibut Cove are now at a median cost of $222,100, lower than the Alaska average of $346,273.

The average cost of rent is $575/mo in Halibut Cove, primarily driven by the current value of real estate in the Halibut Cove area. In Halibut Cove, 12.32% of households rent, and 71.57% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Halibut Cove is $6,885 per month. Households that rent pay about 8.35% of their income on rent here. Halibut Cove’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northwestern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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