Aleutians East Borough, Alaska Housing Market Prices
Aleutians East Borough Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 30% below the Alaska median$225,000
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Median rent 31% below the Alaska median Cheaper than 83% of counties in Alaska$979
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Aleutians East Borough | Alaska Avg | US Average |
|---|---|---|---|
| Median Home Price | $225,000 | $320,616 | $248,835 |
| Price Trend (Annual %) | 10.0% | 5.4% | 7.5% |
| Median Gross Rent | $979 | $1,418 | $1,407 |
| Rent Trend (Annual %) | 0.7% | 2.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Aleutians East Borough is about 30% lower than in Alaska. Rent is about 31% lower than the Alaska average.
Median Home and Rent Price Trends
Median Home Prices, 2019-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Aleutians East Borough, up about 10.0% and 0.7% a year respectively. Home prices are changing faster.
Median rent in Aleutians East Borough rose about 5.3% between 2015 and 2024, from $929 to $979. Over the same span, rent in Alaska rose about 23.8%.
Affordability
On average, housing unit costs 3.2 yearly household incomes in Aleutians East Borough.
Buying the median-priced home in Aleutians East Borough costs roughly 19.2 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Aleutians East Borough. The price-to-rent ratio in Alaska is about 18.8.
| Metric | Aleutians East Borough | Alaska Avg | US Average |
|---|---|---|---|
| Median Home Price | $225,000 | $320,616 | $248,835 |
| Median Household Income | $69,642 | $93,666 | $80,455 |
| Price-to-Income Ratio | 3.2 | 3.4 | 3.1 |
Home Prices vs Income Over Time
Between 2019 and 2024, the median home price in Aleutians East Borough rose about 50.0%, while median household income rose about 28.5% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Aleutians East Borough | Alaska Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 53.9% | 55.1% | 58.5% |
| Rental Rate | 30.0% | 27.3% | 31.2% |
| Vacancy Rate | 16.1% | 17.6% | 10.2% |
| Median Tenure (years) | 21.0 | 14.0 | 15.0 |
| Median Year Moved In | 2005 | 2012 | 2011 |
Aleutians East Borough has a homeownership rate of 53.9%, lower than the Alaska average of 55.1%. Its housing vacancy rate is 16.1%, compared with 17.6% in Alaska.
Housing Stock
| Metric | Aleutians East Borough | Alaska Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.29 people | 2.61 people | 2.53 people |
| Median Structure Built Year | 1981 | 1986 | 1978 |
| Median Number of Rooms | 5.0 | 4.8 | 5.5 |
The typical housing unit in Aleutians East Borough was built around 1981. On average, 2.3 people live in a home with about 5.0 rooms, staying for about 21.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Aleutians East Borough, Alaska.
What is the median home price in Aleutians East Borough, Alaska?
The median home price in Aleutians East Borough, Alaska is $225,000, lower than the Alaska average of $320,616.
What is the average home price in Aleutians East Borough, Alaska?
The typical home price in Aleutians East Borough, Alaska, reported as the median sale price, is $225,000. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Aleutians East Borough, Alaska?
The median gross rent in Aleutians East Borough, Alaska is $979 per month, lower than the Alaska average of $1,418.
What was the median gross rent in Aleutians East Borough in 2020?
In 2020, the median gross rent in Aleutians East Borough, Alaska was $1,087 per month.
What is the price-to-rent ratio in Aleutians East Borough, Alaska?
The price-to-rent ratio in Aleutians East Borough, Alaska is about 19.2, meaning it would take roughly 19.2 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Aleutians East Borough.
Are home prices or rent rising faster in Aleutians East Borough, Alaska?
Both home prices and rent are rising in Aleutians East Borough, up about 10.0% and 0.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Aleutians East Borough, Alaska?
53.9% of households in Aleutians East Borough, Alaska own their home, lower than the Alaska average of 55.1%.
What is the vacancy rate in Aleutians East Borough, Alaska?
The housing vacancy rate in Aleutians East Borough, Alaska is 16.1%, lower than the Alaska average of 17.6%.
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