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Affordable
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These days, finding an affordable place to live in the Happy Valley area can be challenging. Home prices in Happy Valley are now at a median cost of $254,100, lower than the Alaska average of $346,273.
The average cost of rent is $900/mo in Happy Valley, primarily driven by the current value of real estate in the Happy Valley area. In Happy Valley, 13.42% of households rent, and 66.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Happy Valley is $4,566 per month. Households that rent pay about 19.71% of their income on rent here. Happy Valley’s most expensive areas are in the central 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
- Ninilchik, AK: equally priced homes
- Anchor Point, AK: equally priced homes
- Diamond Ridge, AK: higher priced homes
- Homer, AK: higher priced homes
- Kachemak, AK: higher priced homes
- Cohoe, AK: equally priced homes
- Halibut Cove, AK: less expensive homes
- Clam Gulch, AK: equally priced homes
- Seldovia, AK: less expensive homes
- Kasilof, AK: higher priced homes
Cities with Similar Populations
- Acme, MI: higher priced homes
- Milwaukee, PA: higher priced homes
- Mikado, MI: less expensive homes
- Marion, UT: higher priced homes
- Marie, WV: less expensive homes
- Madrid, NE: less expensive homes
- Macon, MI: higher priced homes
- Lytton, IA: less expensive homes
- Lycoming, NY: less expensive homes
- Lowmansville, KY: less expensive homes
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