Location: Yukon-Koyukuk Census Area, AK | Metro: Yukon-Koyukuk Census Area, AK
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,530 |
| 1 Bedroom | $1,590 |
| 2 Bedrooms | $1,750 |
| 3 Bedrooms | $2,110 |
| 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 rent math in ZIP 99627, located in the Yukon-Koyukuk Census Area, AK, does not work in favor of landlords. The Fair Market Rent (FMR) for the area, set at $1,700 for fiscal year 2026, significantly exceeds the current market rent of $1,014 based on Census ACS data. This disparity suggests that landlords may struggle to find tenants willing to pay the higher FMR rate, potentially leading to vacancies and financial strain.
Acquisition of properties in this ZIP code is challenging due to limited data on median home values, days on market (DOM), and the percentage of homes that have had their prices cut. With these figures marked as N/A, it's difficult to assess the affordability of property acquisition. However, the lack of comprehensive data might indicate a sparse market or low activity, which could affect the ease of buying investment properties.
Tenant demand in ZIP 99627 is relatively low. The total population is only 255, and just 25.2% of residents are renters. This small pool of potential tenants means that competition among landlords for available renters could be intense, further complicating efforts to secure tenants who can afford the higher FMR rates.
In conclusion, ZIP 99627 presents significant challenges for landlords and small-portfolio investors. The discrepancy between the high FMR and lower market rents indicates a mismatch that could result in unoccupied units. Limited data on property acquisition signals a potentially underdeveloped market, while the low tenant demand and small population size suggest fierce competition for renters. These factors collectively point to an unfavorable environment for real estate investments seeking stable returns through rental income.
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.