Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Point Lay area can be challenging. Home prices in Point Lay are now at a median cost of $112,500, lower than the Alaska average of $254,370.
The average cost of rent is $1,161/mo in Point Lay, primarily driven by the current value of real estate in the Point Lay area. While nearly 83.23% of residents own their homes outright in Point Lay, 37.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in Point Lay is $5,469 per month. Households that rent pay about 21.23% of their income on rent here. Point Lay's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Wainwright, AK: less expensive homes
- Point Hope, AK: equally priced homes
- Kivalina, AK: equally priced homes
- Atqasuk, AK: less expensive homes
- Noatak, AK: equally priced homes
- Barrow, AK: higher priced homes
- Browerville, AK: higher priced homes
- Kotzebue, AK: higher priced homes
- Kiana, AK: equally priced homes
- Noorvik, AK: equally priced homes
Cities with Similar Populations
- Vesta, AR: less expensive homes
- Doans, IN: equally priced homes
- Dover, MO: higher priced homes
- Dryfork, WV: higher priced homes
- Duck Creek Village, UT: higher priced homes
- Duncan, MS: less expensive homes
- Dunlo, PA: higher priced homes
- Dunn Center, ND: higher priced homes
- Valerie, CA: higher priced homes
- Van Meer, MI: higher priced homes
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