Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Midtown area can be challenging. Home prices in Midtown are now at a median cost of $305,246, lower than the Anchorage average of $388,987.
The average cost of rent is $1,196/mo in Midtown, primarily driven by the current value of real estate in the Midtown area. In Midtown, 74.34% of households rent, and 44.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Midtown is $5,387 per month. Households that rent pay about 22.20% of their income on rent here. Midtown’s most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Spenard, Anchorage, AK: equally priced homes
- North Star, Anchorage, AK: higher priced homes
- Rogers Park, Anchorage, AK: higher priced homes
- Campbell Park, Anchorage, AK: less expensive homes
- South Addition, Anchorage, AK: higher priced homes
- Fairview, Anchorage, AK: less expensive homes
- Turnagain, Anchorage, AK: higher priced homes
- Taku-Campbell, Anchorage, AK: higher priced homes
- Airport Heights, Anchorage, AK: equally priced homes
- University Area, Anchorage, AK: higher priced homes
Neighborhoods with Similar Populations
- Samish Hill, Bellingham, WA: higher priced homes
- Read Blvd West, New Orleans, LA: less expensive homes
- Ridgewood, Madison, WI: higher priced homes
- River Oaks, Fort Lauderdale, FL: higher priced homes
- Riverview, Seattle, WA: higher priced homes
- Riviera Bay, St. Petersburg, FL: higher priced homes
- Rockridge, Oakland, CA: higher priced homes
- Rosedale, Camden, NJ: less expensive homes
- Roselawn, Brighton, NY: equally priced homes
- Ruskin Heights, Kansas City, MO: less expensive homes
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