Housing in Kenai, AK

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Zillow — January 2026

Zillow Home Value Index

$310,466

Zillow Rent Index

$1,772

Kenai vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Kenai is highlighted.

Median Home Value

67th%ilemost expensive$249,400show rank

Median Rent

66th%ilemost expensive rent$1,134show rank

Rent Burden

47th%ilehighest rent burden18.2%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$249,400

Median Rent

$1,134

Total Housing Units

3,326

Vacancy Rate

12.3%

Owner Occupied

64.8%

Renter Occupied

35.1%

Median Property Tax

$1,446

per year

Monthly Cost (w/ Mortgage)

$1,245

Housing Types

Single Family

70.3%

Multi-Family

28.8%

Mobile Home

0.9%

The median home value in Kenai, AK is $249,400. According to Zillow, the home value index for Kenai is $310,466. Zillow's observed rent index is $1,772/month. About 64.8% of housing units are owner-occupied. The median year homes were built is 1981. There are 3,326 total housing units.