Home Price Key
Affordable
Average
Expensive
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 $181,206, lower than the Alaska average of $254,370.
The average cost of rent is $1,011/mo in Knik, primarily driven by the current value of real estate in the Knik area. While nearly 39.38% of residents own their homes outright in Knik, 28.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in Knik is $5,536 per month. Households that rent pay about 18.27% of their income on rent here. Knik's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
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: equally priced homes
- Phelps, TX: less expensive 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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