Ninilchik, AK
Full City Profile · Alaska · Kenai Peninsula Borough County
3.5
/5.0
B+
Good
1,009
Population
5/sq mi density
$53,125
Median Income
$33,004 per capita
$251,600
Home Value
$214,711 Zillow
$922
Median Rent
42.2% income on rent
37°F
Avg Temperature
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$53,125 median income, 5.2% unemployment
A
Affordability
4.0 / 5.0
$251,600 home value, $922/mo rent
B
Education
3.3 / 5.0
28.7% bachelor's degree or higher
Housing Overview
Median Home Value
$251,600
11% below
US avg: $281,900
Median Rent
$922/mo
21% below
US avg: $1,163/mo
Homeownership Rate
85.5%
31% above US avg (65.4%)
Total Housing Units
949
Median year built: 1995
Home Value by Source
Census Median
$251,600
Zillow (ZHVI)
$214,711
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
85.5%
Owner-Occupied
14.5%
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:
$922/mo
Affordability & Housing Stock
Rent Burden
42.2%
of renters spending 30%+ of income on housing
36% above US avg (31.0%)
Median Year Built
1995
Average age of housing stock: 31 years
Homeownership Rate
85.5%
Complete Housing Data
Home Values
| Census Median Value | $251,600 |
| Zillow Home Value (ZHVI) | $214,711 |
Rent
| Census Median Rent | $922 |
| 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 | 85.5% |
| Renter-Occupied | 14.5% |
| Homeownership Rate | 85.5% |
| Total Housing Units | 949 |
| Median Year Built | 1995 |
| Rent Burden | 42.2% |