Aleutians West Census Area, Alaska Housing Market Prices
Aleutians West Census Area 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 77% below the Alaska median Among the top 3 cheapest counties in Alaska$72,500
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Median rent 40% above the Alaska median Most expensive county in Alaska$1,981
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Aleutians West Census Area | Alaska Avg | US Average |
|---|---|---|---|
| Median Home Price | $72,500 | $320,616 | $248,835 |
| Price Trend (Annual %) | 35.7% | 5.4% | 7.5% |
| Median Gross Rent | $1,981 | $1,418 | $1,407 |
| Rent Trend (Annual %) | 5.9% | 2.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Aleutians West Census Area is about 77% lower than in Alaska. Rent is about 40% higher than the Alaska average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2018
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Aleutians West Census Area, up about 35.7% and 5.9% a year respectively. Home prices are changing faster.
Median rent in Aleutians West Census Area rose about 56.1% between 2015 and 2024, from $1,270 to $1,981. Over the same span, rent in Alaska rose about 23.8%.
Affordability
On average, housing unit costs 0.5 yearly household incomes in Aleutians West Census Area.
Buying the median-priced home in Aleutians West Census Area costs roughly 3.0 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Aleutians West Census Area. The price-to-rent ratio in Alaska is about 18.8.
| Metric | Aleutians West Census Area | Alaska Avg | US Average |
|---|---|---|---|
| Median Home Price | $72,500 | $320,616 | $248,835 |
| Median Household Income | $132,382 | $93,666 | $80,455 |
| Price-to-Income Ratio | 0.5 | 3.4 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2018, the median home price in Aleutians West Census Area rose about 314.3%, while median household income rose about 47.6% 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 West Census Area | Alaska Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 23.6% | 55.1% | 58.5% |
| Rental Rate | 46.9% | 27.3% | 31.2% |
| Vacancy Rate | 29.5% | 17.6% | 10.2% |
| Median Tenure (years) | 12.0 | 14.0 | 15.0 |
| Median Year Moved In | 2014 | 2012 | 2011 |
Aleutians West Census Area has a homeownership rate of 23.6%, lower than the Alaska average of 55.1%. Its housing vacancy rate is 29.5%, compared with 17.6% in Alaska.
Housing Stock
| Metric | Aleutians West Census Area | Alaska Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.50 people | 2.61 people | 2.53 people |
| Median Structure Built Year | 1991 | 1986 | 1978 |
| Median Number of Rooms | 4.3 | 4.8 | 5.5 |
The typical housing unit in Aleutians West Census Area was built around 1991. On average, 3.5 people live in a home with about 4.3 rooms, staying for about 12.0 years on average.
Aleutians West Census Area, AK Housing Compared With Nearby Counties
How Aleutians West Census Area, AK compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Aleutians West Census Area, AK | 5,235 | $72,500 #2/2 | $1,981 #1/2 | 33.5% #2/2 |
| St. Louis County, MN | 200,015 | $129,132 | $1,013 | 71.2% |
Frequently Asked Questions
Common questions about the housing market in Aleutians West Census Area, Alaska.
What is the median home price in Aleutians West Census Area, Alaska?
The median home price in Aleutians West Census Area, Alaska is $72,500, lower than the Alaska average of $320,616.
What is the average home price in Aleutians West Census Area, Alaska?
The typical home price in Aleutians West Census Area, Alaska, reported as the median sale price, is $72,500. 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 West Census Area, Alaska?
The median gross rent in Aleutians West Census Area, Alaska is $1,981 per month, higher than the Alaska average of $1,418.
What was the median gross rent in Aleutians West Census Area in 2020?
In 2020, the median gross rent in Aleutians West Census Area, Alaska was $1,476 per month.
What is the price-to-rent ratio in Aleutians West Census Area, Alaska?
The price-to-rent ratio in Aleutians West Census Area, Alaska is about 3.0, meaning it would take roughly 3.0 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Aleutians West Census Area.
Are home prices or rent rising faster in Aleutians West Census Area, Alaska?
Both home prices and rent are rising in Aleutians West Census Area, up about 35.7% and 5.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Aleutians West Census Area, Alaska?
23.6% of households in Aleutians West Census Area, Alaska own their home, lower than the Alaska average of 55.1%.
What is the vacancy rate in Aleutians West Census Area, Alaska?
The housing vacancy rate in Aleutians West Census Area, Alaska is 29.5%, higher than the Alaska average of 17.6%.
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