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Affordable
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These days, finding an affordable place to live in the Kachemak area can be challenging. Home prices in Kachemak are now at a median cost of $373,345, higher than the Alaska average of $346,273.
The average cost of rent is $1,168/mo in Kachemak, primarily driven by the current value of real estate in the Kachemak area. In Kachemak, 14.44% of households rent, and 51.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Kachemak is $7,220 per month. Households that rent pay about 16.18% of their income on rent here. Kachemak’s most expensive areas are in the northwestern 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
- Homer, AK: equally priced homes
- Diamond Ridge, AK: equally priced homes
- Halibut Cove, AK: less expensive homes
- Anchor Point, AK: less expensive homes
- Seldovia, AK: less expensive homes
- Happy Valley, AK: less expensive homes
- Ninilchik, AK: less expensive homes
- Port Graham, AK: less expensive homes
- Nanwalek, AK: less expensive homes
- Cohoe, AK: less expensive homes
Cities with Similar Populations
- Wymore, NE: less expensive homes
- Wheeler, MI: less expensive homes
- Asotin, WA: equally priced homes
- Adrian, MN: less expensive homes
- Orrick, MO: less expensive homes
- Maple, OK: less expensive homes
- Mapleton, IA: less expensive homes
- Marcus, IA: less expensive homes
- Marmet, WV: less expensive homes
- Mathias, WV: less expensive homes
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