Much like the surrounding areas, it's a little more expensive compared to the nation as a whole. However compared to the city of Anchorage, it is a bit less expensive.
Home prices
The median home in Kenai costs $229,100. In comparison to nearby areas it is about $3,880 (1%) lower.It is about $11,600 (5%) higher compared to the country as a whole, and compared to the city of Anchorage it is approximately $85,700 (27%) lower.
Rents
The median monthly rent in Kenai is $950. It is roughly $219 (18%) lower in comparison to nearby areas.It is approximately $112 (10%) lower in comparison to the rest of the nation, and in comparison to the city of Anchorage is about $370 (28%) lower.
Nearby places
Salamatof
Salamatof is Kenai's neighbor to the northwest. Its housing prices are pretty similar. The median home price in Salamatof is $229,800, which is very similar to Kenai. The rent there is a bit less expensive. Salamatof's median monthly rent is $875, which comes out to $75 (8%) lower than Kenai.
Ridgeway
Ridgeway is Kenai's neighbor to the east. Its real estate prices are somewhat more expensive. The price of the median home in Ridgeway is $257,400, which is $28,300 (10%) higher than Kenai. Its rents are substantially more expensive. Ridgeway's median monthly rent is $1,564, which works out to $614 (39%) higher than Kenai.
Kalifornsky
Kalifornsky is Kenai's neighbor to the south. The real estate prices there are a little more expensive. The median home in Kalifornsky is valued at $251,400, which comes out to $22,300 (8%) higher than Kenai. Rent there is a bit more expensive. In Kalifornsky the median rent is $1,254 per month, which is $304 (24%) higher than Kenai.
Soldotna
Soldotna is approximately 5 miles southeast from Kenai. Real estate prices there are somewhat less expensive. The median home in Soldotna costs $211,400, which is $17,700 (8%) lower than Kenai. Rents there are somewhat more expensive. The median monthly rent in Soldotna is $1,019, which comes out to $69 (6%) higher than Kenai.
Nikiski
Nikiski is roughly 6 miles north of Kenai. Real estate prices there are somewhat less expensive. The median home in Nikiski costs $214,900, which comes out to $14,200 (6%) lower than Kenai. Rent there is a little more expensive. The median rent in Nikiski is $1,131 per month, which works out to $181 (16%) higher than Kenai.
