Land and home values in Lake and Peninsula Borough, Alaska
Lake and Peninsula Borough (rural) covers 23,896 square miles and 1 census tracts. Residential land is about $3.33 per sq ft at the county median, from $3.33 in its most rural tracts to $3.33 in its most valuable. The typical home is worth about $278,000 and a 2-bedroom rents for about $1,030 a month, as of October 12, 2026.
Open on the satellite mapAll of AlaskaCounty values
| Land: residential | $3.33 | per sq ft |
| Land: residential | $145,011 | per acre |
| Land: quarter-acre lot | $36,253 | 10,890 sq ft |
| Home: typical (median) | $278,000 | value |
| Home: entry-level | $123,000 | lower quartile |
| Home: upper-end | $436,000 | upper quartile |
| Build new | $177 | per sq ft, no land |
| Rent: 1-bedroom | $895 | per month |
| Rent: 2-bedroom | $1,030 | per month |
| Rent: 3-bedroom | $1,390 | per month |
| Rent: 4-bedroom | $1,600 | per month |
| Gross yield, 2-bed | 4.4% | a year |
Price tiers
| Tier | Tracts | Land $/sq ft | Typical home | Rent 2-bed |
|---|---|---|---|---|
| Farmland | 1 | $3.33 | $278,000 | $1,030 |
Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.
Highest-value places
| Place | Type | Land $/sq ft | Typical home |
|---|---|---|---|
| Port Alsworth | Community | $9.46 | $447,000 |
| Pilot Point | Town | $8.14 | $129,000 |
| Port Heiden | Town | $8.14 | $152,000 |
| Ugashik | Community | $8.14 | $390,000 |
| Pope-Vannoy Landing | Community | $5.38 | $263,000 |
| Iliamna | Community | $5.38 | $386,000 |
| Newhalen | Town | $5.38 | $281,000 |
| Nondalton | Town | $5.38 | $103,000 |
Questions people ask
How much is land worth in Lake and Peninsula Borough, AK?
Residential land in Lake and Peninsula Borough, AK is about $3.33 per square foot, or $145,011 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $36,253. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Lake and Peninsula Borough, AK?
The typical (median) home in Lake and Peninsula Borough, AK is worth about $278,000, with entry-level homes around $123,000 and upper-end homes around $436,000, as of October 2026.
How much is rent in Lake and Peninsula Borough, AK?
A 2-bedroom rents for about $1,030 a month in Lake and Peninsula Borough, AK, a 1-bedroom about $895 and a 3-bedroom about $1,390 (gross rent including utilities, HUD Fair Market Rent basis).
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.