Rent vs. Buy in Haines Borough, AK

Should you rent or buy in Haines Borough? Here are the numbers.

Median Home Price

$289,200

Median Rent

$889/mo

Price-to-Rent Ratio

27.1x

Homeownership Rate

69.7%

Monthly Cost Comparison

Buying (20% down, 6.5% rate)

Mortgage (P&I)$1,462
Property Tax$214
Insurance$96

Total Monthly$1,772

Renting

Monthly Rent$889
Renter's Insurance$25

Total Monthly$914

In Haines Borough, buying costs approximately $883/mo more than renting. This doesn't account for equity buildup, tax deductions, or home appreciation.

About Haines Borough, Alaska

Haines Borough in Alaska has a median household income of $68,276 and an effective property tax rate of 0.9%. With a price-to-rent ratio of 27.1x, renting may be more cost-effective in the short term.

These are starting estimates based on county-level medians. Your actual costs depend on the specific property, your credit score, down payment, and dozens of other variables. Our Monte Carlo simulation models 10,000 scenarios to give you probability-weighted answers, not single-point estimates.

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Other Counties in Alaska

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Federal Housing Finance Agency. Estimates are based on county-level medians and may not reflect specific neighborhoods or property types. This is not financial advice — consult a licensed professional before making housing decisions.