The Most Affordable Neighborhoods in Ketchikan Gateway Borough, AK by Home Value

 

Ketchikan Gateway Borough, AK Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ketchikan Gateway Borough area can be challenging. Home prices in Ketchikan Gateway Borough are now at a median cost of $321,161, higher than the Alaska average of $254,370.

The average cost of rent is $1,362/mo in Ketchikan Gateway Borough, primarily driven by the current value of real estate in the Ketchikan Gateway Borough area. While nearly 34.55% of residents own their homes outright in Ketchikan Gateway Borough, 32.65% rent.

Housing affordability isn’t just about home prices, though. The average household income in Ketchikan Gateway Borough is $6,947 per month. Households that rent pay about 19.61% of their income on rent here. Ketchikan Gateway Borough's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the county.


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