The Most Affordable Neighborhoods in Old Harbor, AK by Home Value

These days, finding an affordable place to live in the Old Harbor area can be challenging. Home prices in Old Harbor are now at a median cost of $69,600, lower than the Alaska average of $346,273.

The average cost of rent is $988/mo in Old Harbor, primarily driven by the current value of real estate in the Old Harbor area. In Old Harbor, 32.00% of households rent, and 89.08% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Old Harbor is $3,772 per month. Households that rent pay about 26.19% of their income on rent here. Old Harbor’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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