The Most Affordable Neighborhoods in Northwest Arctic Borough, AK by Home Value

 

Northwest Arctic Borough, AK Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Northwest Arctic Borough area can be challenging. Home prices in Northwest Arctic Borough are now at a median cost of $192,855, lower than the Alaska average of $346,273.

The average cost of rent is $1,152/mo in Northwest Arctic Borough, primarily driven by the current value of real estate in the Northwest Arctic Borough area. In Northwest Arctic Borough, 35.62% of households rent, and 72.37% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Northwest Arctic Borough is $6,749 per month. Households that rent pay about 17.06% of their income on rent here. Northwest Arctic Borough’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the county.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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