The Most Affordable Neighborhoods in Wrangell City and Borough, AK by Home Value

These days, finding an affordable place to live in the Wrangell City and Borough area can be challenging. Home prices in Wrangell City and Borough are now at a median cost of $296,400, lower than the Alaska average of $346,273.

The average cost of rent is $958/mo in Wrangell City and Borough, primarily driven by the current value of real estate in the Wrangell City and Borough area. In Wrangell City and Borough, 40.88% of households rent, and 58.69% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Wrangell City and Borough is $5,459 per month. Households that rent pay about 17.54% of their income on rent here. Wrangell City and Borough’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the county.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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