The Most Affordable Neighborhoods in Matanuska-Susitna Borough, AK by Home Value

 

Matanuska-Susitna Borough, AK Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Matanuska-Susitna Borough area can be challenging. Home prices in Matanuska-Susitna Borough are now at a median cost of $340,258, lower than the Alaska average of $346,273.

The average cost of rent is $1,462/mo in Matanuska-Susitna Borough, primarily driven by the current value of real estate in the Matanuska-Susitna Borough area. In Matanuska-Susitna Borough, 22.77% of households rent, and 33.88% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Matanuska-Susitna Borough is $7,795 per month. Households that rent pay about 18.75% of their income on rent here. Matanuska-Susitna Borough’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the county.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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