Land and home values in North Lakes, AK
North Lakes is a census-designated community in Matanuska-Susitna Borough, Alaska, home to about 10,223 people. Residential land runs about $6.33 per sq ft, the typical home is worth about $425,000, and a 2-bedroom rents for about $1,440 a month, as of October 12, 2026.
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| Land: residential | $6.33 | per sq ft |
| Land: residential | $275,648 | per acre |
| Land: quarter-acre lot | $68,912 | 10,890 sq ft |
| Home: typical (median) | $425,000 | value |
| Home: entry-level | $319,000 | lower quartile |
| Home: upper-end | $514,000 | upper quartile |
| Build new | $177 | per sq ft, no land |
| Rent: 1-bedroom | $1,100 | per month |
| Rent: 2-bedroom | $1,440 | per month |
| Rent: 3-bedroom | $2,000 | per month |
| Rent: 4-bedroom | $2,400 | per month |
| Gross yield, 2-bed | 4.1% | a year |
Questions people ask
How much is land worth in North Lakes, AK?
Residential land in North Lakes, AK is about $6.33 per square foot, or $275,648 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $68,912. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in North Lakes, AK?
The typical (median) home in North Lakes, AK is worth about $425,000, with entry-level homes around $319,000 and upper-end homes around $514,000, as of October 2026.
How much is rent in North Lakes, AK?
A 2-bedroom rents for about $1,440 a month in North Lakes, AK, a 1-bedroom about $1,100 and a 3-bedroom about $2,000 (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.