Expensive
Affordable
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These days, finding an affordable place to live in the Knik area can be challenging. Home prices in Knik are now at a median cost of $204,745, lower than the Alaska average of $346,273.
The average cost of rent is $1,074/mo in Knik, primarily driven by the current value of real estate in the Knik area. In Knik, 22.66% of households rent, and 53.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Knik is $4,608 per month. Households that rent pay about 23.31% of their income on rent here. Knik’s most expensive areas are in the western 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
- Big Lake, AK: higher priced homes
- Knik-Fairview, AK: higher priced homes
- Meadow Lakes, AK: higher priced homes
- Houston, AK: higher priced homes
- Chugiak, AK: higher priced homes
- Tanaina, AK: higher priced homes
- Wasilla, AK: higher priced homes
- Eagle River, AK: higher priced homes
- Peters Creek, AK: higher priced homes
- Lakes, AK: higher priced homes
Cities with Similar Populations
- Whittemore, MI: less expensive homes
- Blanchardville, WI: higher priced homes
- Phelps, TX: higher priced homes
- Camp Point, IL: less expensive homes
- Canton Center, CT: higher priced homes
- Crump, TN: less expensive homes
- Cripple Creek, CO: higher priced homes
- Odin, IL: less expensive homes
- Rich Hill, MO: less expensive homes
- Quilcene, WA: higher priced homes
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