salaryRent is lower than in 51% of U.S. cities. A typical house costs about 3.0 years of household income. Commutes are short, about 15.5 minutes.
How much money do I need?
To rent here comfortably, you should earn about $64,840 a year. That is $31 an hour at a full-time job.
Is rent cheaper than other Alaska cities?
Yes. Rent here is cheaper than in most of Alaska. It is number 12 of 24 cities from cheapest to most expensive.
How much do households earn in Kenai?
Share of households by yearly income. 31.5% of households earn $100,000 or more.
Rent by apartment size in Kenai
| Size | Kenai | U.S. average |
|---|---|---|
| 1 bedroom | $896 | $1,324 |
| 2 bedrooms | $1,302 | $1,509 |
| 3 bedrooms | $1,756 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Kenai overall?
Everyday prices in Alaska overall are 2% above the U.S. average (index 102.4, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Kenai, so the Alaska figure is shown.
Taxes and bills in Kenai
Life in Kenai
Is it cheaper to rent or buy in Kenai?
Renting is cheaper right now: about $349 a month less.
Owning assumes a typical $283,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $28,390 for the down payment.
Frequently asked questions
What is the average rent in Kenai, AK?
Renting in Kenai costs a median of about $1,621 a month in 2026, including utilities. The Alaska median is $1,651.
How much do I need to make to live in Kenai?
To keep rent under 30% of income, you need about $64,840 a year, or $31 an hour at a full-time job.
Is Kenai cheap or expensive?
Kenai is rated OK: rent takes 20.7% of the typical household income of $93,919. It ranks 12th cheapest of 24 Alaska cities we track.
How much are property taxes in Kenai?
The median homeowner in Kenai pays $1,631 a year in property taxes, about 0.57% of the median home value.
Is Kenai more expensive than the national average?
Overall prices in Alaska are 2% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Kenai?
The median home value in Kenai is $283,900, about 3.0 times the typical yearly household income.
7,641 people live in Kenai. Numbers are typical (middle) values.