The Most Affordable Neighborhoods in Knik-Fairview, AK by Home Value

 

Knik-Fairview, AK Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Knik-Fairview area can be challenging. Home prices in Knik-Fairview are now at a median cost of $275,120, higher than the Alaska average of $254,370.

The average cost of rent is $1,372/mo in Knik-Fairview, primarily driven by the current value of real estate in the Knik-Fairview area. While nearly 22.35% of residents own their homes outright in Knik-Fairview, 16.66% rent.

Housing affordability isn’t just about home prices, though. The average household income in Knik-Fairview is $7,644 per month. Households that rent pay about 17.95% of their income on rent here. Knik-Fairview's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.


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