Location: Yukon-Koyukuk Census Area, AK | Metro: Yukon-Koyukuk Census Area, AK
| Unit Size | Monthly FMR |
|---|---|
| Studio | $950 |
| 1 Bedroom | $960 |
| 2 Bedrooms | $1,200 |
| 3 Bedrooms | $1,660 |
| 4 Bedrooms | $1,970 |
| 5 Bedrooms | $2,285 |
| 6 Bedrooms | $2,559 |
| 7 Bedrooms | $2,764 |
| 8 Bedrooms | $2,902 |
U.S. Census Bureau data (2024)
The ZIP code 99745, located within the Yukon-Koyukuk Census Area, AK, has a Fair Market Rent (FMR) of $1,130 for fiscal year 2026. While specific market rent and home value data for the entire area are not available, we can infer some trends based on the provided figures.
Comparing 99745's FMR to the general trend observed in the census area, the increase from $957 in fiscal year 2024 to $1,130 in 2026 indicates a significant rise, approximately 18%. This suggests that 99745 could be considered a premium sub-market within the metro, given its higher-than-average rent figures.
The median home value in the broader Yukon-Koyukuk Census Area is around $152,875, which is notably lower than the national median. However, without specific data for ZIP 99745, we cannot determine if it diverges significantly from this trend. The high renter share of 37.5% in 99745 might indicate a strong demand for rental properties, possibly driven by federal housing assistance programs such as Section 8.
A high renter share combined with below-median home values often signals a potential sweet spot for Section 8 landlords. However, since the home value for 99745 is not specified, we cannot definitively conclude this. Given the available information, 99745 appears to be a premium sub-market due to its elevated FMR, despite the lack of precise market rent and home value data.
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.