Expensive
Affordable
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These days, finding an affordable place to live in the Pedro Bay area can be challenging. Home prices in Pedro Bay are now at a median cost of $233,194, lower than the Alaska average of $346,273.
The average cost of rent is $930/mo in Pedro Bay, primarily driven by the current value of real estate in the Pedro Bay area. In Pedro Bay, 34.91% of households rent, and 72.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pedro Bay is $5,470 per month. Households that rent pay about 17.00% of their income on rent here. Pedro Bay’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Iliamna, AK: equally priced homes
- Newhalen, AK: equally priced homes
- Nondalton, AK: equally priced homes
- Kokhanok, AK: equally priced homes
- Port Alsworth, AK: equally priced homes
- Anchor Point, AK: equally priced homes
- Nanwalek, AK: equally priced homes
- Happy Valley, AK: equally priced homes
- Port Graham, AK: equally priced homes
- Seldovia, AK: equally priced homes
Cities with Similar Populations
- Santiago, WA: less expensive homes
- Morton, WY: higher priced homes
- Moscow Hill, NY: less expensive homes
- Mungerville, TX: less expensive homes
- Sabanno, TX: less expensive homes
- Sadie, LA: less expensive homes
- Saline, AR: less expensive homes
- Salt Creek, CO: higher priced homes
- Sanborn, NE: less expensive homes
- Sandy Pond, NY: less expensive homes
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