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Ninilchik, AK Home Values and Rents

The typical home value in Ninilchik is $214,020. Median rent is $1,000 a month.

Typical home value
$214,020
Zillow
Median rent
$1,000/mo
ACS 2020-2024
Price change, 1 year
+0.3%
Sep 2026
Homeownership
86.7%
AK: 66.8%

Typical home value in Ninilchik

Zillow Home Value Index, all homes, middle tier

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PeriodNinilchik
Sep 2026$214,020
Dec 2025$208,041
Dec 2024$224,962
Dec 2023$229,330
Dec 2022$239,838
Dec 2021$226,580
Dec 2020$208,598
Dec 2019$196,283
Dec 2018$174,437
Dec 2017$172,961
Dec 2016$172,771
Dec 2015$171,154
Dec 2014$166,738
Dec 2013$161,999
Dec 2012$160,948

Over five years, Ninilchik prices changed -4.0%.

Source: Zillow Research · Last updated 09/01/2026

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Home values by ZIP code

Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index

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#ZIP codeMedian valueMedian rent1-year5-year
199639$250,800$1,007--

Fair Market Rents, FY2027

HUD rent standard for Kenai Peninsula Borough, AK

AK rents
Unit sizeMonthly rentvs 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 Ninilchik, AK?
The typical home value in Ninilchik is $214,020 (Zillow Home Value Index, Sep 2026). The Alaska median is $352,900.
How much is rent in Ninilchik?
The median rent in Ninilchik is $1,000 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,390.
Are home prices going up in Ninilchik?
The typical home value in Ninilchik changed +0.3% over one year and -4.0% over five years, as of Sep 2026.
Which ZIP code in Ninilchik has the highest home values?
ZIP code 99639 has the highest median home value at $250,800.