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These days, finding an affordable place to live in the Hope area can be challenging. Home prices in Hope are now at a median cost of $381,900, higher than the Alaska average of $346,273.
The average cost of rent is $1,404/mo in Hope, primarily driven by the current value of real estate in the Hope area. In Hope, 31.87% of households rent, and 40.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hope is $9,594 per month. Households that rent pay about 14.63% of their income on rent here. Hope’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
- Indian, AK: higher priced homes
- Girdwood, AK: higher priced homes
- Anchorage, AK: equally priced homes
- Elmendorf Afb, AK: equally priced homes
- Fort Richardson, AK: equally priced homes
- Moose Pass, AK: equally priced homes
- Eagle River, AK: higher priced homes
- Cooper Landing, AK: equally priced homes
- Peters Creek, AK: higher priced homes
- Whittier, AK: less expensive homes
Cities with Similar Populations
- Sipe Springs, TX: less expensive homes
- Kenwood, IA: less expensive homes
- Keota, MO: less expensive homes
- Keshena Falls, WI: less expensive homes
- Kesley, IA: less expensive homes
- Shipley, IA: less expensive homes
- Short, OK: less expensive homes
- Shuler, AR: less expensive homes
- Sibleyville, NY: less expensive homes
- Sills, FL: less expensive homes
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