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These days, finding an affordable place to live in the Valdez area can be challenging. Home prices in Valdez are now at a median cost of $325,769, lower than the Alaska average of $346,273.
The average cost of rent is $1,849/mo in Valdez, primarily driven by the current value of real estate in the Valdez area. In Valdez, 34.66% of households rent, and 40.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Valdez is $9,153 per month. Households that rent pay about 20.20% of their income on rent here. Valdez’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Tatitlek, AK: less expensive homes
- Cordova, AK: higher priced homes
- Tonsina, AK: equally priced homes
- Copper Center, AK: equally priced homes
- Kenny Lake, AK: equally priced homes
- Glennallen, AK: less expensive homes
- Tazlina, AK: equally priced homes
- Chitina, AK: equally priced homes
- Whittier, AK: less expensive homes
- Sutton, AK: less expensive homes
Cities with Similar Populations
- Burkeville, VA: less expensive homes
- Benson, MN: less expensive homes
- Las Animas, CO: less expensive homes
- Sublimity, OR: higher priced homes
- Lincoln Park, CO: less expensive homes
- Little Compton, RI: higher priced homes
- New Haven, MO: less expensive homes
- North Baltimore, OH: less expensive homes
- North Barrington, IL: higher priced homes
- North Hampton, NH: higher priced homes
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