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

 

Northway Village, AK Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Northway Village area can be challenging. Home prices in Northway Village are now at a median cost of $69,300, lower than the Alaska average of $346,273.

The average cost of rent is $536/mo in Northway Village, primarily driven by the current value of real estate in the Northway Village area. In Northway Village, 33.33% of households rent, and 97.22% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Northway Village is $4,176 per month. Households that rent pay about 12.83% of their income on rent here. Northway Village’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.


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