The Most Affordable Neighborhoods in King Cove, AK by Home Value

 

King Cove, AK Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the King Cove area can be challenging. Home prices in King Cove are now at a median cost of $104,077, lower than the Alaska average of $346,273.

The average cost of rent is $923/mo in King Cove, primarily driven by the current value of real estate in the King Cove area. In King Cove, 40.46% of households rent, and 81.56% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in King Cove is $5,139 per month. Households that rent pay about 17.96% of their income on rent here. King Cove’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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