Section 8 Fair Market Rent (FMR) for ZIP 99530 - 2027

Location: Anchorage, AK | Metro: Anchorage, AK HUD Metro FMR Area

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$1,100
1 Bedroom$1,170
2 Bedrooms$1,530
3 Bedrooms$2,120
4 Bedrooms$2,560
5 Bedrooms$2,970
6 Bedrooms$3,326
7 Bedrooms$3,592
8 Bedrooms$3,772

1450 FMR (zip FY 2024): The Fair Market Rent for ZIP code 99530 stands at $1450 for the fiscal year 2024. This figure represents the upper limit for rental assistance payments.

N/A market rent (N/A): Unfortunately, there is no specific data available regarding the market rent for ZIP 99530. However, it's important to note that the FMR can be used as a benchmark for setting rental rates.

N/A median home value: There is insufficient data to determine the median home value in ZIP 99530. This lack of information makes it challenging to assess the overall property value trends in the area.

N/A% renter share: The percentage of renters in ZIP 99530 is not specified. This data point would provide insight into the demand for rental properties and the potential for Section 8 tenants.

N/A median income: The median income for ZIP 99530 is not provided. Understanding the median income helps in assessing the affordability of housing for residents and the likelihood of needing rental assistance.

N/A-day DOM: The average days on market (DOM) for properties in ZIP 99530 is not available. This metric would indicate how quickly properties are selling, which is crucial for understanding the local real estate market dynamics.

N/A% price-cut share: The percentage of properties that have had their prices cut is not reported. This data could signal a competitive market where landlords might need to adjust their pricing strategies.

The interactive charts from the U.S. Census Bureau and ZIP-Codes.com show that ZIP 99530 has consistently had zero residents and zero households since 2010. This suggests that the area might be sparsely populated or predominantly commercial, making it less suitable for residential investment.

The average household income is listed as $0, indicating a lack of residential data. This absence of demographic data complicates the analysis for potential Section 8 participation.

The average house value is inaccurately reported as $666,666,666, likely due to an error in the data source. Reliable median home values would be essential for comparing against FMR and determining the viability of rental investments.

Based on the limited and unreliable data available, ZIP 99530 does not appear to be a promising location for Section 8 investments at this time.

Data Sources: FMR data from HUD (2027).

About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.