Location: Aleutians West Census Area, AK | Metro: Aleutians West Census Area, AK
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,730 |
| 1 Bedroom | $1,830 |
| 2 Bedrooms | $2,390 |
| 3 Bedrooms | $2,850 |
| 4 Bedrooms | $3,140 |
| 5 Bedrooms | $3,642 |
| 6 Bedrooms | $4,079 |
| 7 Bedrooms | $4,405 |
| 8 Bedrooms | $4,625 |
U.S. Census Bureau data (2024)
The Section 8 housing market in ZIP code 99591, located in the Aleutians West Census Area, Alaska, offers a unique investment opportunity for landlords and small-portfolio investors. The Fair Market Rent (FMR) set by the U.S. Department of Housing and Urban Development (HUD) for this area is $2,190 for the fiscal year 2026. However, the lack of available market rent data means that direct comparison is not possible, but it's safe to infer that the HUD FMR provides a benchmark for rental rates in this region.
Voucher tenants in ZIP 99591 will generally cashflow at the HUD FMR, meaning that landlords can expect to cover their expenses and generate a profit without significant risk. This is particularly advantageous given the remote location and the limited availability of alternative housing options. The absence of specific median home value data makes deriving an exact rent-to-price ratio challenging; however, the high cost of living and limited housing stock suggest that rental properties are likely to be highly valued by residents.
In terms of the days on market (DOM) and the percentage of price cuts, these figures are also not available. Nevertheless, the strong demand for affordable housing in this ZIP code indicates that rental properties are likely to attract tenants quickly, which supports the idea of a stable and profitable investment. The combination of guaranteed rental income through the Section 8 program and the limited supply of housing creates a robust environment for investors seeking steady returns.
The strongest investor angle in ZIP 99591 is cashflow, due to the reliable income provided by the Section 8 vouchers and the high likelihood of maintaining occupancy levels given the scarcity of housing options in this remote area.
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.