The Most Affordable Neighborhoods in Mountain Village, AK by Home Value

 

Mountain Village, AK Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mountain Village area can be challenging. Home prices in Mountain Village are now at a median cost of $51,373, lower than the Alaska average of $254,370.

The average cost of rent is $743/mo in Mountain Village, primarily driven by the current value of real estate in the Mountain Village area. While nearly 85.13% of residents own their homes outright in Mountain Village, 28.72% rent.

Housing affordability isn’t just about home prices, though. The average household income in Mountain Village is $3,041 per month. Households that rent pay about 24.44% of their income on rent here. Mountain Village's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.


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