Home Price Key
Affordable
Average
Expensive
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 $112,297, lower than the Alaska average of $254,370.
The average cost of rent is $765/mo in Pedro Bay, primarily driven by the current value of real estate in the Pedro Bay area. While nearly 82.35% of residents own their homes outright in Pedro Bay, 34.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in Pedro Bay is $4,100 per month. Households that rent pay about 18.66% 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.
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: higher priced homes
- Nanwalek, AK: higher priced homes
- Happy Valley, AK: higher priced homes
- Port Graham, AK: higher priced homes
- Seldovia, AK: higher priced homes
Cities with Similar Populations
- Santiago, WA: less expensive homes
- Morton, WY: higher priced homes
- Moscow Hill, NY: equally priced homes
- Mungerville, TX: higher priced homes
- Sabanno, TX: less expensive homes
- Sadie, LA: less expensive homes
- Saline, AR: less expensive homes
- Salt Creek, CO: higher priced homes
- Sanborn, NE: equally priced homes
- Sandy Pond, NY: higher priced homes
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