Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Newhalen area can be challenging. Home prices in Newhalen are now at a median cost of $116,400, lower than the Alaska average of $254,370.
The average cost of rent is $779/mo in Newhalen, primarily driven by the current value of real estate in the Newhalen area. While nearly 81.64% of residents own their homes outright in Newhalen, 35.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newhalen is $4,141 per month. Households that rent pay about 18.81% of their income on rent here. Newhalen's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
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Cities with Similar Populations
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- Union, TN: higher priced homes
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- Encino, TX: less expensive homes
- Elmer, MO: less expensive homes
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