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Diamond Ridge, AK
Full City Profile · Alaska · Kenai Peninsula Borough County
3.6
/5.0
B+
Good
1,338
Population
32/sq mi density
$80,417
Median Income
$42,752 per capita
$312,200
Home Value
$329,734 Zillow
$1,500
Median Rent
47.5% income on rent
37°F
Avg Temperature
269 sunny days/yr
595
Violent Crime/100K
4,481 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$80,417 median income, 1.4% unemployment
A
Affordability
4.5 / 5.0
$312,200 home value, $1,500/mo rent
F
Safety
1.0 / 5.0
595 violent crimes/100K (57% above avg)
A
Education
4.5 / 5.0
43.6% bachelor's degree or higher
Housing Overview
Median Home Value
$312,200
11% above
US avg: $281,900
Median Rent
$1,500/mo
29% above
US avg: $1,163/mo
Homeownership Rate
93.6%
43% above US avg (65.4%)
Total Housing Units
711
Median year built: 1993
Home Value by Source
Census Median
$312,200
Zillow (ZHVI)
$329,734
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
93.6%
Owner-Occupied
6.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,061/mo
1 Bedroom
$1,194/mo
2 Bedroom
$1,467/mo
3 Bedroom
$1,941/mo
4 Bedroom
$2,304/mo
Census median rent:
$1,500/mo
Affordability & Housing Stock
Rent Burden
47.5%
of renters spending 30%+ of income on housing
53% above US avg (31.0%)
Median Year Built
1993
Average age of housing stock: 33 years
Homeownership Rate
93.6%
Complete Housing Data
Home Values
| Census Median Value | $312,200 |
| Zillow Home Value (ZHVI) | $329,734 |
Rent
| Census Median Rent | $1,500 |
| FMR Studio | $1,061 |
| FMR 1-Bedroom | $1,194 |
| FMR 2-Bedroom | $1,467 |
| FMR 3-Bedroom | $1,941 |
| FMR 4-Bedroom | $2,304 |
Market
Ownership & Stock
| Owner-Occupied | 93.6% |
| Renter-Occupied | 6.4% |
| Homeownership Rate | 93.6% |
| Total Housing Units | 711 |
| Median Year Built | 1993 |
| Rent Burden | 47.5% |