Is Kodiak Island Borough, AK good for real estate investing?

Kodiak Island Borough has an investment score of 61/100, rated as "Buy". The county ranks #344 nationally among 1000 counties analyzed.

What is the median home price in Kodiak Island Borough?

The median home price in Kodiak Island Borough is $412,647. This ranks #877 in affordability among all US counties.

Can you cash flow on rental properties in Kodiak Island Borough?

Based on median values with 20% down at current rates, a typical rental in Kodiak Island Borough would generate positive cash flow of $0/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Kodiak Island Borough

AlaskaPopulation: 13,065

/100

Buy

#344 of 1,000 counties

#9 in Alaska (14 counties)

Analysis by RentalCalcs ResearchIndependent data + algorithm-driven scoring

Updated July 28, 2026Sources: Zillow ZHVI, Zillow ZORI, US Census ACS, Tax Foundation

Market Snapshot

$412,647

Median Home Price

80% above national median

$24,933/mo

Est. Rent

Based on regional data

6.04%

Rent-to-Price Ratio

Estimated from price data

+$0

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Median Home Price

Median Rent

Historical data from Zillow ZHVI/ZORI

Score Breakdown

Overall Investment Score

61/100

Cash Flow(30%)

0/100

Rent data not available for cash flow calculation.

Appreciation(25%)

85/100

Based on 4.6% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

42/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

No significant strengths identified based on current data.

Challenges

-Negative leverage (cap rate 0.0% < mortgage rate 6.9%)
-Limited rent data (estimates used)

Economic Indicators

Population

13,065

Median Income

—

Data pending

Unemployment Rate

—

Data pending

Price-to-Income

—

Data pending

Who this market fits

Skip if

−You can't tolerate negative leverage (cap rate below mortgage rate today)

Compare to Nearby Counties

County					Verdict
Valdez Cordova BoroughAK	66	$312,829	Est. pending	—	Buy	View
Sitka BoroughAK	64	$485,060	Est. pending	—	Buy	View
Matanuska Susitna BoroughAK	62	$386,815	$1,693	5.25%	Buy	View
CurrentKodiak Island BoroughAK	61	$412,647	Est. pending	—	Buy
Fairbanks North Star BoroughAK	59	$289,473	$1,745	7.23%	Hold	View
Anchorage BoroughAK	59	$410,550	$1,706	4.99%	Hold	View

The Bottom Line

BuyKodiak Island Borough offers solid investment potential with roughly break-even cash flow at typical financing.

Kodiak Island Borough in Alaska scores 61/100, ranking #344 of 1,000 US counties (top 44%). At 20% down and current rates, a median-priced rental roughly breaks even on cash flow. The deal works on appreciation or with better terms, not on month-one cash flow.

Monthly Cash Flow

+$0/mo

Cap Rate

0.0%

Cash-on-Cash

0.0%