2026 Affordability Data
Most Affordable Neighborhoods in Homer - 2026 Data
The median home value in Homer is $348,000, 23% above nat'l avg. Median rent is $1,180/month. We ranked 15 neighborhoods by affordability to help you find the best value in the Homer, AK area.
Key Takeaways: Affordability in Homer
- 1The most affordable neighborhood in Homer is Anchorage municipality, with a median home value of $363,800.
- 2Homer's median home value is $348,000, 23% above nat'l avg (national: $281,900).
- 3Median rent in Homer is $1,180/month, near national avg (national: $1,163/month).
- 4We analyzed 15 neighborhoods in Homer to find the most affordable areas based on home values, rent, and affordability index.
Homer Affordability Overview
Median Home Value
$348,000
23% above nat'l avg
Median Rent
$1,180/mo
Near nat'l avg
Median Income
$69,757
6% below nat'l avg
Affordability Index
N/A
Most Affordable Neighborhoods in Homer (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | Anchorage municipalityAK | $363,800 |
| 2 | WasillaAK | $302,200 |
| 3 | AnchorageAK | $320,000 |
| 4 | Juneau city and boroughAK | $404,600 |
| 5 | Sitka city and boroughAK | $424,700 |
| 6 | SewardAK | $271,000 |
| 7 | ValdezAK | $251,100 |
| 8 | FairbanksAK | $262,000 |
| 9 | KodiakAK | $283,000 |
| 10 | KetchikanAK | $304,300 |
| 11 | BethelAK | $340,100 |
| 12 | UnalaskaAK | $434,200 |
| 13 | NomeAK | $333,300 |
| 14 | CordovaAK | $341,100 |
| 15 | KotzebueAK | $251,900 |
Detailed Neighborhood Profiles
Home Value: $363,800
Rent: $600/mo
Affordability: 398
Population: 290,674
Walk Score: 0/100
Home Value: $302,200
Rent: $600/mo
Affordability: 398
Population: 9,267
Walk Score: 0/100
Home Value: $320,000
Rent: $1,047/mo
Affordability: 73
Population: 291,247
Walk Score: 83/100
4
Home Value: $404,600
Rent: $1,464/mo
Population: 32,108
5
Home Value: $424,700
Rent: $1,309/mo
Population: 8,462
Walk Score: 0/100
6
Home Value: $271,000
Rent: $1,125/mo
Population: 2,768
Walk Score: 0/100
7
Home Value: $251,100
Rent: $1,408/mo
Population: 3,935
8
Home Value: $262,000
Rent: $1,404/mo
Population: 32,496
9
Home Value: $283,000
Rent: $1,348/mo
Population: 5,584
10
Home Value: $304,300
Rent: $1,214/mo
Population: 8,168
Walk Score: 0/100
11
Home Value: $340,100
Rent: $1,546/mo
Population: 6,312
Walk Score: 0/100
12
Home Value: $434,200
Rent: $1,732/mo
Population: 4,342
13
Home Value: $333,300
Rent: $1,626/mo
Population: 3,710
14
Home Value: $341,100
Rent: $1,375/mo
Population: 2,507
15
Home Value: $251,900
Rent: $1,633/mo
Population: 3,088
Frequently Asked Questions About Affordability in Homer
What is the most affordable neighborhood in Homer, AK?▾
Based on 2026 data, Anchorage municipality is the most affordable neighborhood in Homer with a median home value of $363,800. Kurby analyzed 15 neighborhoods in the Homer area to compile these rankings.
What is the median home price in Homer, AK?▾
The median home price in Homer is $348,000, which is 23% above nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
What is the average rent in Homer, AK?▾
The median monthly rent in Homer is $1,180. This is near national avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Homer?▾
The median household income in Homer is $69,757 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Homer are below the national average home price?▾
4 out of 15 ranked neighborhoods in Homer have a median home value below the national average of $281,900. The most affordable is Seward at $271,000 (Source: Kurby, 2026).