HousingHandbookReference data

U.S. ZIP Code · AK99669

Kenai Peninsula Borough

Typical home value

$363,167[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+6.7%
5-year / yr
+4.1%
10-year / yr
+3.7%

Relative price

vs U.S.
+27.8%
vs metro
vs state
+4.5%
ZIP 99669 location in AK
Location of ZIP 99669 in AK

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 99669 is worth $363,167. Over the past year, values have risen 6.7%. Homes here rent for a typical $1,588 a month — a 5.2% gross rental yield. The effective property tax rate is 0.5%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,588[2]
Gross yield
5.2%[2]
Cap rate
3.1%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.5%[3]
Typical annual tax
$1,734[3]

#Climate risk

FEMA National Risk Index ratings for Kenai Peninsula Borough. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Low
Coastal flood
Very Low
Wildfire
Relatively Moderate
Drought
Very Low
Heat wave
Insufficient Data
Hurricane
Not Applicable
Tornado
Very Low
Earthquake
Relatively High
Winter weather
Relatively High

#Who lives here

Population
15,395[3]
Median household income
$80,980[3]

#Migration

Household moves in and out of Kenai Peninsula Borough over a year, from IRS tax-return data.

Net migration
+134[5]
Moved in
1,665
Moved out
1,531

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
8
Elementary
4
Middle
1
High
2
  • Connections

    Other · Grades K–12 · Kenai Peninsula Borough School District

    1,118 students

  • Soldotna High School

    High · Grades 9–12 · Kenai Peninsula Borough School District

    738 students

  • Kalifornsky Beach Elementary

    Elementary · Grades PK–6 · Kenai Peninsula Borough School District

    412 students

  • Redoubt Elementary

    Elementary · Grades PK–6 · Kenai Peninsula Borough School District

    347 students

  • Skyview Middle School

    Middle · Grades 7–8 · Kenai Peninsula Borough School District

    334 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield5.2%
Net yield (after ~40% expenses)3.1%
Annual rent$19,050

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,836
Loan principal$290,534
Down payment$72,633
Total interest paid$370,560

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.44
Monthly cost to own$2,284
Monthly rent$1,588

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
[1]
Rental yield
[2]
Property tax
[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 99669?
The typical home in 99669 is worth $363,167, based on the Zillow Home Value Index.
Are home values rising in 99669?
Home values in 99669 are up 6.7% over the past year, and up 4.1% a year over five years.
What is the typical rent in 99669?
A typical home in 99669 rents for about $1,588 a month, a gross rental yield of 5.2%.
What is the property tax rate in 99669?
The effective property tax rate in 99669 is 0.5% — roughly $1,734 a year on a typical home.
Who lives in 99669?
ZIP code 99669 has a population of 15,395 and a median household income of $80,980.

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