Location: Copper River Census Area, AK | Metro: Copper River Census Area, AK
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,420 |
| 4 Bedrooms | $1,710 |
| 5 Bedrooms | $1,984 |
| 6 Bedrooms | $2,222 |
| 7 Bedrooms | $2,400 |
| 8 Bedrooms | $2,520 |
U.S. Census Bureau data (2024)
48.3% of residents in ZIP code 99566 are renters, making it a prime location for rental properties. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $970, which represents the maximum amount a Section 8 voucher holder can pay for housing. This figure is crucial for landlords and small-portfolio investors looking to ensure their rental incomes align with government guidelines.
While the median home value and median income data for ZIP 99566 are not available, the high percentage of renters suggests a diverse population, including those who might benefit from Section 8 assistance. The lack of available data on days on market (DOM) and price-cut share indicates that the market dynamics may be less volatile, potentially offering stability for long-term investments.
The $970 FMR is a key benchmark for setting rental rates, ensuring they remain competitive while also adhering to federal standards. This helps protect both the landlord's income and the tenant's ability to afford housing. Given the significant portion of renters, it's reasonable to assume that a substantial number of these tenants could be eligible for Section 8 vouchers, thereby providing a reliable source of rental income.
In conclusion, despite the limited data points, the high renter share and defined FMR make ZIP code 99566 an attractive option for Section 8 participation. Landlords and investors should consider the $970 FMR as a guide for pricing their units to maximize occupancy and income potential. Verdict: Accept Section 8 tenants.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
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.