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)
ZIP code 99636, located within the Dillingham Census Area, AK, presents a unique profile when compared to typical ZIP codes in its metro area. The Fair Market Rent (FMR) for the fiscal year 2026 is set at $1,330, which is notably higher than the market rent figure of $900. This suggests that while government-subsidized rents may be higher, the actual rental market is more affordable.
The absence of a reported home value for ZIP 99636 indicates that it might have limited or specialized housing options, possibly focusing more on rental properties rather than owner-occupied homes. This aligns with the 36.4% renter share, which is above average for the Dillingham Census Area, AK, where the typical renter share is lower. High renter share percentages often point towards areas with a significant number of rental units, many of which could be eligible for Section 8 subsidies.
The discrepancy between the FMR and the market rent, coupled with the high renter share, implies that ZIP 99636 could be considered a value pocket for landlords and small-portfolio investors looking to benefit from Section 8 tenants. These renters can afford higher rents due to subsidies, making the area attractive for those who want to secure steady income without setting extremely high rents.
In summary, ZIP 99636 stands out as a potentially lucrative area for Section 8-related investments due to its high renter share and the gap between FMR and market rent. Landlords and investors should focus on the rental market here, given the strong presence of subsidized tenants and the affordability of the local rents.
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.