Section 8 Fair Market Rent (FMR) for ZIP 99661 - 2027

Location: Aleutians East Borough, AK | Metro: Aleutians East Borough, AK

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,050
1 Bedroom	$1,330
2 Bedrooms	$1,450
3 Bedrooms	$1,730
4 Bedrooms	$2,380
5 Bedrooms	$2,761
6 Bedrooms	$3,092
7 Bedrooms	$3,339
8 Bedrooms	$3,506

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

1,071

Median Household Income

$80,469

Housing Units

510

Renter Percentage

23.4%

Occupancy Rate

88.0%

Renter Occupied

105

The ZIP code 99661 is located in a rural area of Alaska, where the housing market reflects the unique challenges and opportunities of this remote region. The federal government's Fair Market Rent (FMR) plays a significant role in setting expectations for rental prices, while local rental trends and homeowner values provide insight into the overall health of the real estate market.

The Fair Market Rent for a two-bedroom apartment in the metropolitan area for fiscal year 2026 is set at $1,460.
The actual market rent, as reported by the Census Bureau's American Community Survey, stands at $1,130 for a similar unit.
The median home value in ZIP 99661 is currently N/A, indicating that detailed home value data might not be readily available or that the area has a low number of homeowners.
Renters make up 23.4% of the population, suggesting a notable but not dominant presence of renters in the area.
The Days on Market (DOM) statistic is listed as N/A, which could mean that property listings are infrequent or that data collection is sparse in this region.
The median household income is $80,469, providing a glimpse into the economic conditions of the area.

Investors considering the ZIP 99661 market should note the discrepancy between the Fair Market Rent and the actual market rent, which suggests potential for modest growth in rental prices. The relatively high median income indicates that residents have the financial capability to afford higher rents, making it a viable area for rental investments. However, the limited data on median home values and Days on Market imply that the real estate market here is less active and possibly harder to navigate compared to urban areas. This market presents a niche opportunity for those willing to invest in a challenging yet potentially rewarding rural real estate environment.

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.