Ninilchik, AK

  • Overview
  • Performance
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Key Performance Metrics

Market snapshot

Performance indicators for the Ninilchik short-term rental market based on reliable data.

Listings

26 / 129

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$13,623

Middle-Earners Revenue

Occupancy

46%

Middle-Earners Occupancy

Home Value

$197,457

Median Home Sale Price

Top Earners

$32,446

Top-Earners Revenue

Ninilchik

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Ninilchik.

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B

Generally Investor friendly

Ninilchik Regulations

STRs are allowed and operate with a low‑regulation environment; no city permits or caps are identified and only basic state obligations exist (11% TAT, safety codes, landlord‑tenant act). Uncertainty persists at the borough level, so moderate permitting/tax compliance and verification with Kenai Peninsula Borough are required, but compliance is manageable and not overly burdensome.

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About Ninilchik

Ninilchik (Dena'ina: Niqnalchint, Russian: Нинильчик) is a census-designated place (CDP) in Kenai Peninsula Borough, Alaska, United States. At the 2010 census the population was 883, up from 772 in 2000. It is considered an Alaska Native village under the Alaska Native Claims Settlement Act. In the 1970s, villagers formed the Ninilchik Native Association Incorporated. Later the Ninilchik Traditional Council (NTC) was established as the government of Alaska Natives in this area. The Alaska Native people of Ninilchik have ancestors of Aleut and Alutiiq (Sugpiaq) descent, as well as some Dena'ina. Many also include Russian ancestors, from a couple of men who settled here with their Alutiiq wives and children in 1847, and later migrants. Alaskan Russian was widely spoken in the village for almost 200 years. Due to the community's isolation, this Russian dialect continued much in its mid-19th century form. In the 21st century, the dialect has been studied and preserved from local speakers.

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