Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Sterling area can be challenging. Home prices in Sterling are now at a median cost of $285,009, higher than the Alaska average of $254,370.
The average cost of rent is $1,129/mo in Sterling, primarily driven by the current value of real estate in the Sterling area. While nearly 43.49% of residents own their homes outright in Sterling, 11.54% rent.
Housing affordability isn’t just about home prices, though. The average household income in Sterling is $8,296 per month. Households that rent pay about 13.61% of their income on rent here. Sterling's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Soldotna, AK: equally priced homes
- Kalifornsky, AK: equally priced homes
- Kenai, AK: less expensive homes
- Nikiski, AK: less expensive homes
- Kasilof, AK: less expensive homes
- Clam Gulch, AK: less expensive homes
- Cohoe, AK: less expensive homes
- Cooper Landing, AK: higher priced homes
- Tyonek, AK: less expensive homes
- Ninilchik, AK: less expensive homes
Cities with Similar Populations
- Burbank, WA: equally priced homes
- Leonardo, NJ: higher priced homes
- Decatur, MI: less expensive homes
- Conestoga, PA: less expensive homes
- Carmel Valley, CA: higher priced homes
- Cadiz, OH: less expensive homes
- Collinsville, MS: less expensive homes
- Port Barre, LA: less expensive homes
- York Springs, PA: less expensive homes
- Rembert, SC: less expensive homes
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