
Home Price Key
These days, finding an affordable place to live in the Larsen Bay area can be challenging. Home prices in Larsen Bay are now at a median cost of $118,800, lower than the Alaska average of $254,370.
The average cost of rent is $838/mo in Larsen Bay, primarily driven by the current value of real estate in the Larsen Bay area. While nearly 69.57% of residents own their homes outright in Larsen Bay, 29.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in Larsen Bay is $3,099 per month. Households that rent pay about 27.04% of their income on rent here. Larsen Bay's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
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Cities with Similar Populations
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- Alleghany, CA: higher priced homes
- Alexander, KS: less expensive homes
All Local Stats
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