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Kenai Peninsula Borough Housing Market

Alaska · 30 counties · Ranked #2641 in home value

Above National Avg

Housing at a Glance

Median Home Value

$297,500

vs national+$297,500 vs $281,900 national

Median Gross Rent

$1,163/mo

vs national$1,163 vs $1,163 national

Effective Tax Rate

0.66%

vs national0.66% vs 1.02% national

Median Household Income

$77,722

vs national+$77,722 vs $74,755 national

Affordability Ratio

3.8x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

29.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,974

Tax as % of Home Value

0.66%

Monthly Owner Cost

$1,011

Renter Income

$48,816

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Frequently Asked Questions

What is the median home value in Kenai Peninsula Borough?

The median home value in Kenai Peninsula Borough is $297,500. This is above the national median of $281,900.

How much is rent in Kenai Peninsula Borough?

The median gross rent in Kenai Peninsula Borough is $1,163 per month.

What is the property tax rate in Kenai Peninsula Borough?

The effective property tax rate in Kenai Peninsula Borough is 0.66%. The median annual property tax bill is $1,974.

Is Kenai Peninsula Borough affordable?

With a home-value-to-income ratio of 3.8x, Kenai Peninsula Borough is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.