Expensive
Affordable
Affordable
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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 $237,500, lower than the Alaska average of $346,273.
The average cost of rent is $936/mo in Newhalen, primarily driven by the current value of real estate in the Newhalen area. In Newhalen, 34.57% of households rent, and 71.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Newhalen is $5,469 per month. Households that rent pay about 17.12% of their income on rent here. Newhalen’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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