Is North Lakes, AK a good place to invest in rental property?

North Lakes, AK has a median modeled monthly cash flow of $-1,119 and a median cap rate of 3.4%, on a median sold price of $425,000. Prices changed -0.2% year over year.

What is the average cap rate in North Lakes, AK?

The median cap rate across recently sold homes in North Lakes, AK is 3.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in North Lakes, AK?

The median sold price in North Lakes, AK is $425,000 (about $254 per square foot).

Investing in North Lakes, AK Real Estate

A data-driven snapshot of the North Lakes, AK rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$425,000Median sold price

$254Median $/sqft

3.4%Median cap rate

$-1,119Modeled cash flow / mo

-0.2%Appreciation YoY

8.2Months of supply

101Active listings

148Sold (last 12 mo)

What the North Lakes numbers say

In North Lakes, AK, the median home sold for $425,000 (about $254 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-1,119 of monthly cash flow. Sold prices moved -0.2% over the past year. Inventory sits at about 8.2 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 5 fix-and-flip deals in North Lakes — listings where the estimated after-repair value beats list price + rehab.

Other Alaska markets to compare

See North Lakes cash-flowing listings

CashFlowRE ranks every for-sale home in North Lakes, AK by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen North Lakes deals, or browse the national market data.