Location: Bethel Census Area, AK | Metro: Bethel Census Area, AK
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,740 |
| 1 Bedroom | $1,810 |
| 2 Bedrooms | $1,970 |
| 3 Bedrooms | $2,350 |
| 4 Bedrooms | $2,590 |
| 5 Bedrooms | $3,004 |
| 6 Bedrooms | $3,364 |
| 7 Bedrooms | $3,633 |
| 8 Bedrooms | $3,815 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 99637 reveals a market that falls into the category of moderate yield with low stability. This classification is driven by several key figures from the data provided.
Firstly, let's address the yield aspect. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,940. This is significantly higher than the market rent of $750, indicating a potential upside for landlords who can secure Section 8 tenants. However, it's important to note that the home value is listed as N/A, which suggests that there may be limited opportunities for flipping properties in this area due to insufficient data on property values.
Moving on to stability, the figures paint a less favorable picture. With only 25.1% of the population being renters, the market has a relatively low rental demand. Additionally, the N/A-day DOM (Days on Market) figure implies that there is either a lack of data on how quickly homes are sold, or that sales are sporadic and not easily quantifiable. Lastly, the average income of $57,083 indicates a lower economic base, which could affect the ability of residents to afford higher rents or maintain stable tenancy.
In conclusion, ZIP 99637 is best classified as a steady-cashflow zone, but with caution. While the potential for higher rental income exists through Section 8 tenants, the low percentage of renters and uncertain economic conditions suggest that this market requires careful management to ensure consistent cash flow. Landlords should focus on securing reliable tenants and managing costs effectively to navigate the challenges posed by this ZIP code's characteristics.
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.