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 $262,480, higher than the Alaska average of $254,370.

The average cost of rent is $1,220/mo in Matanuska-Susitna Borough, primarily driven by the current value of real estate in the Matanuska-Susitna Borough area. While nearly 36.75% of residents own their homes outright in Matanuska-Susitna Borough, 20.51% rent.

Housing affordability isn’t just about home prices, though. The average household income in Matanuska-Susitna Borough is $6,524 per month. Households that rent pay about 18.70% of their income on rent here. Matanuska-Susitna Borough's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the county.


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