CostBy County

Cost of Living in Wrangell City and Borough, Alaska

$993/mo
Median Monthly Rent
$296,400
Median Home Value

At a Glance

Median Monthly Rent
$993/mo
20% below state average
Median Home Value
$296,400
11% below national
Census GRAPI
24.5%
Median gross rent as % of renter income

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

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Wrangell City and Borough Compares

Median monthly rent comparison

Wrangell City and Borough$993/mo
Alaska Average$1,248/mo
National Median$1,413/mo

Detailed Housing Stats

$993/mo
Median Gross Rent
$296,400
Median Home Value
$882/mo
Monthly Owner Cost
24.5%
Census GRAPI

National Ranking

Affordability Rank

Wrangell City and Borough ranks #1,961 of 3,142 counties for affordability (bottom 38%)

Most AffordableLeast Affordable

Sourced county brief

Wrangell Median Gross Rent at $993 per Month

Median gross rent in Wrangell City and Borough is $993 per month, which is $255 below the unweighted Alaska county mean of $1,248. The official median gross rent as a percentage of household income (GRAPI) is 24.5%. This snapshot is 1.5 percentage points higher than the unweighted Alaska county mean official GRAPI of 23.0%. The median home value in the borough is $296,400, compared to the state unweighted mean of $283,493. For homeowners, median selected monthly owner costs are $882, which is $116 below the state unweighted mean of $998. The median income for renter-occupied households was estimated at $43,750, while the overall median household income is $63,750. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Wrangell City and Borough

Affordability Verdict

ACS B25071 estimates median gross rent at 24.5% of renter household income in Wrangell City and Borough, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $993 per month; median selected monthly owner costs are $882. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $39,720 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Alaska unweighted mean of county median rents is $1,248 per month. Wrangell City and Borough's $993 median is 20.4% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Wrangell City and Borough

$

Rent Burden

18.7%

of gross income

Max Housing (28% Rule)

$1,488

per month

Owner Cost Burden

16.6%

of gross income

The median home in Wrangell City and Borough may be a stretch

Median home value is $296,400. Estimated monthly cost: $2,366 vs. your max of $1,488.

Rent Affordability Guide

Your entered rent as a share of entered income18.7%
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: $63,750Needed: $39,720
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $63,750Needed: $37,800
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? No
Your income: $63,750Needed: $68,980

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 Wrangell City and Borough, Alaska?
Wrangell City and Borough, Alaska has a median monthly rent of $993/mo and a median home value of $296,400. The affordability rating is Affordable, with median gross rent equal to approximately 24.5% of renter household income.
What is the median rent in Wrangell City and Borough?
The median gross rent in Wrangell City and Borough is $993/mo. This is 20% below state average for Alaska.
Is Wrangell City and Borough affordable?
Wrangell City and Borough is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 24.5%. Median gross rent is under 30% of renter household income.
How does Wrangell City and Borough's rent compare to the state average?
Wrangell City and Borough's median rent of $993/mo is 20% below state average of $1,248/mo for Alaska.
What is the median home value in Wrangell City and Borough?
The median home value in Wrangell City and Borough, Alaska is $296,400. This is 11% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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