Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the University Area area can be challenging. Home prices in University Area are now at a median cost of $282,009, lower than the Anchorage average of $301,810.
The average cost of rent is $1,359/mo in University Area, primarily driven by the current value of real estate in the University Area area. While nearly 28.82% of residents own their homes outright in University Area, 39.53% rent.
Housing affordability isn’t just about home prices, though. The average household income in University Area is $6,799 per month. Households that rent pay about 19.99% of their income on rent here. University Area's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Nearby Neighborhoods
- Scenic Foothills, Anchorage, AK: equally priced homes
- Russian Jack Park, Anchorage, AK: less expensive homes
- Airport Heights, Anchorage, AK: less expensive homes
- Campbell Park, Anchorage, AK: less expensive homes
- Rogers Park, Anchorage, AK: higher priced homes
- Northeast, Anchorage, AK: equally priced homes
- Mountain View, Anchorage, AK: equally priced homes
- Fairview, Anchorage, AK: equally priced homes
- Abbott Loop, Anchorage, AK: equally priced homes
- Midtown, Anchorage, AK: less expensive homes
Neighborhoods with Similar Populations
- Bitter Lake, Seattle, WA: higher priced homes
- Woodstock, Portland, OR: higher priced homes
- Western Hills Yarborough, Shreveport, LA: less expensive homes
- Vista, Boise, ID: less expensive homes
- Village East, Aurora, CO: higher priced homes
- Van Mall, Vancouver, WA: equally priced homes
- Twin Lakes, Federal Way, WA: higher priced homes
- Southcrest, San Diego, CA: higher priced homes
- South Side, Scranton, PA: less expensive homes
- Silver Terrace, San Francisco, CA: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood