Kenai Peninsula Rentals 2nd Cheapest Statewide

Posted: July 12, 2013 at 6:12 pm

Of the 10 major Alaskan communities studied, the Kenai Peninsula Borough was the second cheapest for average rental prices.


The Alaska Department of Labor and Workforce Development says the average two-bedroom apartment in Kenai costs $872 a month, second only to the Wrangell Borough for cheap housing.


At the top of the list, the same type of apartment in Kodiak will cost around $1,300 month or $1,200 in Anchorage or Juneau.


The Kenai Peninsula also fell below most other communities when it comes to house prices; the Department says it takes Kenai Peninsula residents 1.1 paychecks to afford buying a house locally, compared to the 1.2 state average and 1.5 in Bethel. They estimated the average home cost is $243,474.

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