Cost of Living in Denali Borough, Alaska

$938/mo
Median Monthly Rent
$262,000
Median Home Value

At a Glance

Median Monthly Rent
$938/mo
23% below state average
Median Home Value
$262,000
7% below national
Rent-to-Income Ratio
26.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Denali Borough Compares

Median monthly rent comparison

Denali Borough$938/mo
Alaska Average$1,221/mo
National Median$1,163/mo

Detailed Housing Stats

$938/mo
Median Gross Rent
$262,000
Median Home Value
$749/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Denali Borough ranks #1,894 of 3,144 counties for affordability (bottom 40%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Denali Borough, Alaska

Denali: Alaska's Most Affordable Rents

At just 12.7% of income, Denali renters enjoy the lowest housing burden in Alaska—far below the state average of 18.6% and substantially below the national affordability threshold of 30%. Median household income of $88,935 pairs with a bargain median rent of $938, creating exceptional affordability.

Unmatched Affordability in Alaska

Denali Borough's 12.7% rent-to-income ratio stands as Alaska's most affordable rental market by a significant margin. This remote borough outperforms even the state's typically affordable regions, delivering the lowest housing burden in the state.

Cheapest Rents in Remote Alaska

Denali's $938 median rent edges out Copper River's $973 and dramatically undercuts Chugach ($1,397) and Bethel ($1,454). Home values averaging $262,000 represent reasonable entry points for prospective homeowners seeking remote living.

Exceptional Value Across Tenures

Renters spend only $938 monthly on an $88,935 annual income, claiming just 12.7% of earnings for housing, while homeowners dedicate $749 monthly to properties averaging $262,000. Denali delivers the state's most generous housing-to-income economics.

Denali: Alaska's Affordability Champion

Relocating to remote Alaska? Denali's 12.7% rent-to-income ratio and $938 median rent are unmatched statewide. If proximity to Denali National Park and exceptional affordability appeal, this borough offers Alaska's best combination of location and housing value.

Cost of Living Advisory: Denali Borough

Affordability Verdict

Housing in Denali Borough is affordable. The median rent is $938/month against a median household income of $88,935, putting rent at 12.7% of income.

Rent vs. Own

Renters in Denali Borough pay $938/month on average, compared to $749/month for homeowners. This market favors buyers by about 20%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $37,520/year. For owner costs at the 28% rule, the required income is roughly $32,100/year. With a median household income of $88,935, most households can comfortably afford rent here. Notably, 26.0% of renter households in Denali Borough are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Alaska, Denali Borough is less affordable than Aleutians East Borough by roughly 10% ($938/mo vs $1,040/mo).

Affordability Calculator

See how your income compares to housing costs in Denali Borough

$

Rent Burden

12.7%

of gross income

Max Housing (28% Rule)

$2,075

per month

Owner Cost Burden

10.1%

of gross income

The median home in Denali Borough may be a stretch

Median home value is $262,000. Estimated monthly cost: $2,092 vs. your max of $2,075.

Rent Affordability Guide

Your rent-to-income ratio12.7%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $88,935Needed: $37,520
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $88,935Needed: $32,100
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $88,935Needed: $60,975

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Denali Borough, Alaska?
Denali Borough, Alaska has a median monthly rent of $938/mo and a median home value of $262,000. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Denali Borough?
The median gross rent in Denali Borough is $938/mo. This is 23% below state average for Alaska.
Is Denali Borough affordable?
Denali Borough is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Denali Borough's rent compare to the state average?
Denali Borough's median rent of $938/mo is 23% below state average of $1,221/mo for Alaska.
What is the median home value in Denali Borough?
The median home value in Denali Borough, Alaska is $262,000. This is 7% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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