Location: Dillingham Census Area, AK | Metro: Dillingham Census Area, AK
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,260 |
| 1 Bedroom | $1,310 |
| 2 Bedrooms | $1,430 |
| 3 Bedrooms | $1,980 |
| 4 Bedrooms | $2,350 |
| 5 Bedrooms | $2,726 |
| 6 Bedrooms | $3,053 |
| 7 Bedrooms | $3,297 |
| 8 Bedrooms | $3,462 |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP 99580 presents a unique set of conditions that both landlords and small-portfolio investors should carefully consider. The median home value remains undisclosed, as does the percentage of listings that have been reduced and the median days on market (DOM). However, the Federal Market Rent (FMR) for the metro area, projected at $1,330 for fiscal year 2026, provides a critical anchor point for understanding the rental dynamics.
The lack of specific data on median home values and listing reductions suggests a stable market with little fluctuation in property prices. This stability can be advantageous for long-term investors who seek consistent returns rather than speculative gains. When combined with the unspecified median DOM, it indicates that homes are selling within a reasonable timeframe without significant price adjustments, which is generally favorable for maintaining property values.
On the rental side, the FMR serves as a benchmark for fair market rents, guiding landlords in setting competitive rates. With the FMR at $1,330, landlords in ZIP 99580 should ensure their rental prices align closely with this figure to remain attractive to tenants and avoid vacancy. The absence of current market rent data makes it difficult to assess whether there is a gap between FMR and actual market rents, but it's prudent to assume that the FMR represents a reasonable approximation of the rental market's equilibrium.
For long-hold investors, the setup implies a cautious approach to appreciation expectations. Given the limited data available, it's clear that significant short-term price increases are unlikely. Instead, investors should focus on steady cash flows from rental income and moderate appreciation over time. The stability in the housing market and the alignment with FMR suggest that properties will retain their value, making ZIP 99580 suitable for those looking for low-risk investments.
In summary, ZIP 99580 offers a balanced real estate environment where maintaining property values and generating reliable rental income are key objectives. Landlords and investors should leverage the FMR as a guide for pricing and expect modest growth in property values over the next 12-24 months.
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.