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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Tenakee Springs, AK Housing Affordability Index

Tenakee Springs, Alaska has an MBR Housing Affordability Index score of 115.8 (More Affordable Than Average) as of October 30, 2026, ranking 101st most affordable of 158 scored Alaska cities, compared with 98.5 statewide and 97.4 nationally. On a median-priced $258,300 home with 20% down, the Alaska average 30-year fixed rate of 7.24% means a monthly principal and interest payment of about $1,409, or 31% of the city’s $54,375 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Tenakee Springs is updated every night from live Alaska mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Tenakee Springs MBR-HAI 115.8 More Affordable Than Average
Rank in Alaska 101 of 158 1 = most affordable
Alaska 98.5 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.24% Alaska lenders
Median home value $258,300 U.S. Census Bureau

Tenakee Springs is 17.3 points above the Alaska score. Scores as of October 30, 2026. See the Alaska index

View Tenakee Springs Mortgage Rates

What It Takes to Buy in Tenakee Springs

$1,409/mo
Principal & Interest
Median home, 20% down, 7.24%
$60,400
Income Needed
To keep the payment at 28% of income
$54,375
Median Household Income
Alaska: $92,788
4.8x
Price-to-Income Ratio
Alaska: 3.8x
$290/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$3,241/yr
Median Property Tax
Alaska figure
28.8%
Owner Cost Burden
Owners spending 30%+ of income on housing
37.5%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Tenakee Springs, Alaska. The rate is the Alaska average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Tenakee Springs Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Tenakee Springs, Alaska score: 115.8 (More Affordable Than Average), ranked 101 of 158 Alaska cities. monitorbankrates.com/housing-affordability-index/alaska/tenakee-springs”