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These days, finding an affordable place to live in the Nome area can be challenging. Home prices in Nome are now at a median cost of $357,405, higher than the Alaska average of $346,273.
The average cost of rent is $1,620/mo in Nome, primarily driven by the current value of real estate in the Nome area. In Nome, 43.63% of households rent, and 40.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nome is $10,479 per month. Households that rent pay about 15.46% of their income on rent here. Nome’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern 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
- Hemlock Farms, PA: less expensive homes
- Meeker, OK: less expensive homes
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- Flintstone, GA: less expensive homes
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- Suquamish, WA: higher priced homes
- Port Reading, NJ: higher priced homes
- Woodsfield, OH: less expensive homes
- Richfield, WI: higher priced homes
- Rochester, WI: equally priced homes
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