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Kenai, AK

Full City Profile · Alaska · Kenai Peninsula Borough County

3.2 /5.0
B Good
7,562 Population 260/sq mi density
$74,907 Median Income $39,104 per capita
$249,400 Home Value $313,253 Zillow
$1,134 Median Rent 22.5% income on rent
36°F Avg Temperature 274 sunny days/yr
954 Violent Crime/100K 5,673 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$74,907 median income, 5.6% unemployment
A+
Affordability
4.8 / 5.0
$249,400 home value, $1,134/mo rent
F
Safety
1.0 / 5.0
954 violent crimes/100K (151% above avg)
C+
Education
2.9 / 5.0
24.1% bachelor's degree or higher

Housing Overview

Median Home Value
$249,400
12% below
US avg: $281,900
Median Rent
$1,134/mo
2% below
US avg: $1,163/mo
Homeownership Rate
64.8%
1% below US avg (65.4%)
Total Housing Units
3,243
Median year built: 1981

Home Value by Source

Census Median
$249,400
Zillow (ZHVI)
$313,253
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

64.8%
Owner-Occupied
35.2%
Renter-Occupied
65%
35%
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: $1,134/mo

Affordability & Housing Stock

Rent Burden
22.5%
of renters spending 30%+ of income on housing
27% below US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
64.8%

Complete Housing Data

Home Values

Census Median Value$249,400
Zillow Home Value (ZHVI)$313,253

Rent

Census Median Rent$1,134
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-Occupied64.8%
Renter-Occupied35.2%
Homeownership Rate64.8%
Total Housing Units3,243
Median Year Built1981
Rent Burden22.5%