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Kenai, AK Home Values and Rents
The typical home value in Kenai is $328,260, 52nd highest of 67 cities and towns in Alaska. Median rent is $1,480 a month.
- Typical home value
- $328,260
- 52nd of 67 in AK
- Median rent
- $1,480/mo
- Zillow observed rent
- Price change, 1 year
- +6.1%
- Sep 2026
- Homeownership
- 70.3%
- AK: 66.8%
Typical home value in Kenai
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Kenai |
|---|---|
| Sep 2026 | $328,260 |
| Dec 2025 | $312,510 |
| Dec 2024 | $305,705 |
| Dec 2023 | $302,836 |
| Dec 2022 | $317,056 |
| Dec 2021 | $302,812 |
| Dec 2020 | $268,737 |
| Dec 2019 | $256,727 |
| Dec 2018 | $235,031 |
| Dec 2017 | $235,809 |
| Dec 2016 | $235,277 |
| Dec 2015 | $227,686 |
| Dec 2014 | $213,860 |
| Dec 2013 | $207,796 |
| Dec 2012 | $204,154 |
Over five years, Kenai prices changed +12.0%.
Source: Zillow Research · Last updated 09/01/2026
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Fair Market Rents, FY2027
HUD rent standard for Kenai Peninsula Borough, AK
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $1,056 | +6.3% |
| 1 bedroom | $1,063 | +6.3% |
| 2 bedrooms | $1,390 | +5.9% |
| 3 bedrooms | $1,925 | +5.5% |
| 4 bedrooms | $2,323 | +5.5% |
Frequently asked questions
- What is the typical home value in Kenai, AK?
- The typical home value in Kenai is $328,260 (Zillow Home Value Index, Sep 2026). The Alaska median is $352,900.
- How much is rent in Kenai?
- The median rent in Kenai is $1,480 a month (Zillow Observed Rent Index). HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,390.
- Are home prices going up in Kenai?
- The typical home value in Kenai changed +6.1% over one year and +12.0% over five years, as of Sep 2026.
- How does Kenai compare with the rest of Alaska?
- Kenai has the 52nd highest median home value of 67 cities and towns with 1,000+ residents in Alaska.