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These days, finding an affordable place to live in the Kodiak Island Borough area can be challenging. Home prices in Kodiak Island Borough are now at a median cost of $406,738, higher than the Alaska average of $346,273.
The average cost of rent is $1,810/mo in Kodiak Island Borough, primarily driven by the current value of real estate in the Kodiak Island Borough area. In Kodiak Island Borough, 38.92% of households rent, and 40.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Kodiak Island Borough is $7,418 per month. Households that rent pay about 24.40% of their income on rent here. Kodiak Island Borough’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Lake and Peninsula Borough, AK: less expensive homes
- Bristol Bay Borough, AK: less expensive homes
- Kenai Peninsula Borough, AK: less expensive homes
- Dillingham Census Area, AK: less expensive homes
- Anchorage Municipality, AK: equally priced homes
- Aleutians West Census Area, AK: equally priced homes
- Matanuska-Susitna Borough, AK: less expensive homes
- Chugach Census Area, AK: less expensive homes
- Copper River Census Area, AK: less expensive homes
- Bethel Census Area, AK: less expensive homes
Counties with Similar Populations
- New Kent County, VA: equally priced homes
- Ottawa County, KS: less expensive homes
- Otoe County, NE: less expensive homes
- Oscoda County, MI: less expensive homes
- Osceola County, MI: less expensive homes
- Osceola County, IA: less expensive homes
- Ogemaw County, MI: less expensive homes
- Nodaway County, MO: less expensive homes
- Nobles County, MN: less expensive homes
- Newton County, MS: less expensive homes
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