The Most Affordable Neighborhoods in Nanwalek, AK by Home Value

 

Nanwalek, AK Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Nanwalek area can be challenging. Home prices in Nanwalek are now at a median cost of $192,500, lower than the Alaska average of $254,370.

The average cost of rent is $625/mo in Nanwalek, primarily driven by the current value of real estate in the Nanwalek area. While nearly 75.43% of residents own their homes outright in Nanwalek, 23.50% rent.

Housing affordability isn’t just about home prices, though. The average household income in Nanwalek is $5,411 per month. Households that rent pay about 11.55% of their income on rent here. Nanwalek's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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