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These days, finding an affordable place to live in the Turnagain Heights area can be challenging. Home prices in Turnagain Heights are now at a median cost of $268,200, lower than the Alaska average of $346,273.
The average cost of rent is $1,159/mo in Turnagain Heights, primarily driven by the current value of real estate in the Turnagain Heights area. In Turnagain Heights, 38.62% of households rent, and 73.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Turnagain Heights is $4,735 per month. Households that rent pay about 24.48% of their income on rent here. Turnagain Heights’s most expensive areas are in the southern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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