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Home values, rents and more in Kenai Peninsula Borough, AK

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$349,000
Alaska: $398,000 · U.S.: $366,000
Home values, past year
+6.6%
Alaska: +5.3% · U.S.: +1.2%
Typical rent
$1,789/mo
Alaska: $1,901 · U.S.: $1,932
Rents, past year
+3.2%
Alaska: +5.8% · U.S.: +2.9%
Population
61,951
Census estimate, July 2025
Median household income
$80,538
Alaska: $92,788 · U.S.: $80,734
Counties around Kenai Peninsula Borough, AK, shaded by typical home valueKenai PeninsulaMatanuska-SusitnaLake and PeninsulaDillinghamKodiak Island
  • Under $340k
  • $340k–$380k
  • $380k–$410k
  • $410k+
  • No data
Counties around Kenai Peninsula Borough, AK, shaded by typical home value (Zillow, counties). Kenai Peninsula Borough, AK is outlined.

How Kenai Peninsula Borough, AK compares

The typical home in Kenai Peninsula Borough, AK is worth about $349,000, according to the Zillow Home Value Index for September 2026. Home values in Kenai Peninsula Borough, AK are 12% below the typical value in Alaska ($398,000) and 5% below the U.S. typical value ($366,000).

Over the past year, home values in Kenai Peninsula Borough, AK rose 6.6%, compared with +5.3% in Alaska and +1.2% nationally.

Typical rent is $1,789 a month (Zillow Observed Rent Index), 6% below Alaska ($1,901) and 7% below the U.S. ($1,932). Rents rose 3.2% over the past year.

The median household income is $80,538, against $92,788 in Alaska and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 61,951 people live in Kenai Peninsula Borough, AK (Census Bureau estimate for July 2025).

Kenai Peninsula Borough, AK has the 6th-lowest typical home value of the 13 counties in Alaska with Zillow figures.

Part of: Alaska

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • School test scores
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • Unemployment and job growth
  • Building permits
  • Mortgage delinquency
  • 2024 presidential vote
  • Age, education and household make-up
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Nearby counties

Cities in Kenai Peninsula Borough, AK

ZIP codes in Kenai Peninsula Borough, AK

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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