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These days, finding an affordable place to live in the Teller area can be challenging. Home prices in Teller are now at a median cost of $103,100, lower than the Alaska average of $346,273.
The average cost of rent is $1,046/mo in Teller, primarily driven by the current value of real estate in the Teller area. In Teller, 24.79% of households rent, and 76.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Teller is $4,534 per month. Households that rent pay about 23.07% of their income on rent here. Teller’s most expensive areas are in the northern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Brevig Mission, AK: equally priced homes
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- Shaktoolik, AK: equally priced homes
Cities with Similar Populations
- Geff, IL: equally priced homes
- Winslow, NJ: higher priced homes
- Goldfield, NV: equally priced homes
- Woodland, ME: higher priced homes
- Glennon, MO: higher priced homes
- Glendon, WV: higher priced homes
- Glendale, SC: higher priced homes
- Glen Haven, MI: higher priced homes
- Gilark, LA: higher priced homes
- Gether, VA: higher priced homes
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