Denali Borough, Alaska Housing Market Prices
Denali 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 48% below the Alaska median Cheaper than 74% of counties in Alaska$166,666
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Median rent 42% below the Alaska median Cheapest county in Alaska$825
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Denali Borough | Alaska Avg | US Average |
|---|---|---|---|
| Median Home Price | $166,666 | $320,616 | $248,835 |
| Price Trend (Annual %) | 6.4% | 5.4% | 7.5% |
| Median Gross Rent | $825 | $1,418 | $1,407 |
| Rent Trend (Annual %) | -1.1% | 2.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Denali Borough is about 48% lower than in Alaska. Rent is about 42% lower than the Alaska average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Denali Borough: home prices rose about 6.4% a year while rent fell about 1.1% a year. That is an unusual pattern worth watching.
Median rent in Denali Borough fell about 21.3% between 2015 and 2024, from $1,047 to $825. Over the same span, rent in Alaska rose about 23.8%.
Affordability
On average, housing unit costs 2.1 yearly household incomes in Denali Borough.
Buying the median-priced home in Denali Borough costs roughly 16.8 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 Denali Borough. The price-to-rent ratio in Alaska is about 18.8.
| Metric | Denali Borough | Alaska Avg | US Average |
|---|---|---|---|
| Median Home Price | $166,666 | $320,616 | $248,835 |
| Median Household Income | $79,112 | $93,666 | $80,455 |
| Price-to-Income Ratio | 2.1 | 3.4 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Denali Borough fell about 6.2%, while median household income rose about 4.2% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Denali Borough | Alaska Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 28.2% | 55.1% | 58.5% |
| Rental Rate | 15.2% | 27.3% | 31.2% |
| Vacancy Rate | 56.6% | 17.6% | 10.2% |
| Median Tenure (years) | 17.0 | 14.0 | 15.0 |
| Median Year Moved In | 2009 | 2012 | 2011 |
Denali Borough has a homeownership rate of 28.2%, lower than the Alaska average of 55.1%. Its housing vacancy rate is 56.6%, compared with 17.6% in Alaska.
Housing Stock
| Metric | Denali Borough | Alaska Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.11 people | 2.61 people | 2.53 people |
| Median Structure Built Year | 1992 | 1986 | 1978 |
| Median Number of Rooms | 2.7 | 4.8 | 5.5 |
The typical housing unit in Denali Borough was built around 1992. On average, 2.1 people live in a home with about 2.7 rooms, staying for about 17.0 years on average.
Denali Borough, AK Housing Compared With Nearby Counties
Denali Borough, AK is the smallest of the 5 counties compared here, 1,969 residents against a local median of 104,217. The measure that sets Denali Borough, AK apart most is median home price: $166,666, 44% below the local median of $298,500.
Median rent tells the same story from another angle: $825 against a local median of $1,378, 40% below it. The counties themselves sit within $72,401 of each other on median home price, a tighter band than the gap between any of them and Denali Borough, AK, which makes it a genuine outlier here rather than one end of a wide local spread. Denali Borough, AK has the 5th highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Denali Borough, AK | 1,969 | $166,666 #5/5 | $825 #5/5 | 65.0% #3/5 |
| Matanuska-Susitna Borough, AK | 112,982 | $262,501 | $1,299 | 77.2% |
| Anchorage Municipality, AK | 288,818 | $334,902 | $1,488 | 63.9% |
| Fairbanks North Star Borough, AK | 95,452 | $332,425 | $1,458 | 61.7% |
| Kenai Peninsula Borough, AK | 60,577 | $264,574 | $1,183 | 77.1% |
Frequently Asked Questions
Common questions about the housing market in Denali Borough, Alaska.
What is the median home price in Denali Borough, Alaska?
The median home price in Denali Borough, Alaska is $166,666, lower than the Alaska average of $320,616.
What is the average home price in Denali Borough, Alaska?
The typical home price in Denali Borough, Alaska, reported as the median sale price, is $166,666. 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 Denali Borough, Alaska?
The median gross rent in Denali Borough, Alaska is $825 per month, lower than the Alaska average of $1,418.
What was the median gross rent in Denali Borough in 2020?
In 2020, the median gross rent in Denali Borough, Alaska was $819 per month.
What is the price-to-rent ratio in Denali Borough, Alaska?
The price-to-rent ratio in Denali Borough, Alaska is about 16.8, meaning it would take roughly 16.8 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 Denali Borough.
Are home prices or rent rising faster in Denali Borough, Alaska?
Home prices and rent are moving in opposite directions in Denali Borough: home prices rose about 6.4% a year while rent fell about 1.1% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Denali Borough, Alaska?
28.2% of households in Denali Borough, Alaska own their home, lower than the Alaska average of 55.1%.
What is the vacancy rate in Denali Borough, Alaska?
The housing vacancy rate in Denali Borough, Alaska is 56.6%, higher than the Alaska average of 17.6%.
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