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These days, finding an affordable place to live in the Meadow Lakes area can be challenging. Home prices in Meadow Lakes are now at a median cost of $324,278, lower than the Alaska average of $346,273.
The average cost of rent is $1,453/mo in Meadow Lakes, primarily driven by the current value of real estate in the Meadow Lakes area. In Meadow Lakes, 23.04% of households rent, and 34.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Meadow Lakes is $6,713 per month. Households that rent pay about 21.65% of their income on rent here. Meadow Lakes’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Knik-Fairview, AK: equally priced homes
- Tanaina, AK: equally priced homes
- Wasilla, AK: higher priced homes
- Houston, AK: equally priced homes
- Knik, AK: less expensive homes
- Lakes, AK: higher priced homes
- Gateway, AK: higher priced homes
- Big Lake, AK: less expensive homes
- Chugiak, AK: higher priced homes
- Palmer, AK: higher priced homes
Cities with Similar Populations
- Park City, KS: less expensive homes
- Pauls Valley, OK: less expensive homes
- Patterson, NY: higher priced homes
- Patterson, LA: less expensive homes
- Parkville, PA: less expensive homes
- Parkville, MO: higher priced homes
- Park Ridge, NJ: higher priced homes
- Park Rapids, MN: less expensive homes
- Park City, UT: higher priced homes
- Pawcatuck, CT: higher priced homes
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