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Housing in King Cove

A typical King Cove home is worth roughly $100,000

No new homes were permitted in 2025.

Typical home value
$100K
AK $399K
Estimate
2-bedroom rent
$1,230
a month, utilities in · HUD

What kind of housing town is King Cove?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 1.6 years of income

Less than across Alaska (4.3 years). Try your own numbers below.

You could afford about
$235,000
Typical King Cove home $100K

That covers a typical King Cove home, with $135K to spare.

The typical home, each month
$620
Loan $490Tax $90Insurance $30

A two-bedroom rents for about $1,230 a month here, $610 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Alaska typical property tax (1.11% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,230

Renters already here pay a median of $923, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$880
1 bedroom$1,120
2 bedrooms$1,230
3 bedrooms$1,480
4 bedrooms$2,030
44%
of households rent · AK 33%
53
renter households
25%
of renters spend 30%+ of income on rent · AK 45%
24%
of the median income, for a two-bedroom
$923
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Aleutians East Borough, AK): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

New construction

No new homes permitted in 2025

No permits for new homes were issued in King Cove in 2025. The last year with any was 2004 (4 new homes).

Single-family
0246 200020052010201520202025
0
new homes permitted in 2025
0
2026 so far (Jan–Aug)
0
homes in the past 10 years
Homes vs. people, 2010–2020
Residents−181
New homes+0

Between the 2010 and 2020 censuses, King Cove's population fell by 181 and no new homes were permitted. Across Alaska: 1.8 new residents per new home.

Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025000—
2024000—
2023000—
2022000—
2021000—
2020000—
2019000—
2018000—
2017000—
2016000—
2015000—
2014000—
2013000—
2012000—
2011000—
2010000—
2009000—
2008000—
2007000—
2006000—
2005000—
2004440$560,000
2003660$947,000
2002110$151,000
2001000—
2000110$85,000

King Cove's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

The homes

56% of King Cove households own their home

Half of King Cove’s homes were built before 1978.

Owners and renters
Own 56%Rent 44%

Alaska: 67% own.

1978
typical home built · AK 1986
4%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Neighbors talk housing

What King Cove buyers, sellers and renters are saying.

Town Square →
Weigh in
Is King Cove still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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