The Most Affordable Neighborhoods in Sitka City and Borough, AK by Home Value

 

Sitka City and Borough, AK Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Sitka City and Borough area can be challenging. Home prices in Sitka City and Borough are now at a median cost of $365,743, higher than the Alaska average of $254,370.

The average cost of rent is $1,435/mo in Sitka City and Borough, primarily driven by the current value of real estate in the Sitka City and Borough area. While nearly 40.86% of residents own their homes outright in Sitka City and Borough, 39.58% rent.

Housing affordability isn’t just about home prices, though. The average household income in Sitka City and Borough is $6,895 per month. Households that rent pay about 20.81% of their income on rent here. Sitka City and Borough's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the county.


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