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These days, finding an affordable place to live in the Kenai area can be challenging. Home prices in Kenai are now at a median cost of $298,886, lower than the Alaska average of $346,273.
The average cost of rent is $1,277/mo in Kenai, primarily driven by the current value of real estate in the Kenai area. In Kenai, 26.70% of households rent, and 35.62% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Kenai is $7,130 per month. Households that rent pay about 17.91% of their income on rent here. Kenai’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Kalifornsky, AK: higher priced homes
- Soldotna, AK: higher priced homes
- Nikiski, AK: equally priced homes
- Sterling, AK: higher priced homes
- Kasilof, AK: equally priced homes
- Clam Gulch, AK: equally priced homes
- Cohoe, AK: equally priced homes
- Tyonek, AK: less expensive homes
- Ninilchik, AK: less expensive homes
- Happy Valley, AK: less expensive homes
Cities with Similar Populations
- South Park Township, PA: less expensive homes
- Chalco, NE: less expensive homes
- Chanute, KS: less expensive homes
- Cheat Lake, WV: higher priced homes
- Cheboygan, MI: less expensive homes
- Chelsea, AL: higher priced homes
- Chesapeake Ranch Estates, MD: equally priced homes
- Chesterland, OH: higher priced homes
- Somers Point, NJ: higher priced homes
- South Apopka, FL: equally priced homes
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