Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Spenard area can be challenging. Home prices in Spenard are now at a median cost of $252,421, lower than the Anchorage average of $301,810.
The average cost of rent is $1,209/mo in Spenard, primarily driven by the current value of real estate in the Spenard area. While nearly 40.31% of residents own their homes outright in Spenard, 60.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in Spenard is $5,806 per month. Households that rent pay about 20.82% of their income on rent here. Spenard's most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the neighborhood.
Nearby Neighborhoods
- Midtown, Anchorage, AK: equally priced homes
- Turnagain, Anchorage, AK: higher priced homes
- North Star, Anchorage, AK: equally priced homes
- South Addition, Anchorage, AK: higher priced homes
- Rogers Park, Anchorage, AK: higher priced homes
- Taku-Campbell, Anchorage, AK: equally priced homes
- Fairview, Anchorage, AK: equally priced homes
- Campbell Park, Anchorage, AK: less expensive homes
- Sand Lake, Anchorage, AK: higher priced homes
- Airport Heights, Anchorage, AK: less expensive homes
Neighborhoods with Similar Populations
- Lawndale, Philadelphia, PA: less expensive homes
- Yorkshire, Charlotte, NC: equally priced homes
- University District, Portland, OR: higher priced homes
- Union Square, Somerville, MA: higher priced homes
- South 48th Street, Lincoln, NE: less expensive homes
- Prospect Park, Minneapolis, MN: equally priced homes
- Outer Mission, San Francisco, CA: higher priced homes
- McMurray-Huntingdon, Nashville, TN: higher priced homes
- La Homa, Mission, TX: less expensive homes
- Kensington, Buffalo, NY: less expensive homes
All Local Stats
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