Section 8 Fair Market Rent (FMR) for ZIP 99752 - 2027

Location: Northwest Arctic Borough, AK | Metro: Northwest Arctic Borough, AK

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$1,450
1 Bedroom$1,710
2 Bedrooms$2,080
3 Bedrooms$2,480
4 Bedrooms$2,730
5 Bedrooms$3,167
6 Bedrooms$3,547
7 Bedrooms$3,831
8 Bedrooms$4,023

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
3,056
Median Household Income
$110,357
Housing Units
1,160
Renter Percentage
52.0%
Occupancy Rate
68.6%
Renter Occupied
414

The analysis of ZIP code 99752 reveals a market that is moderately positioned on both yield and stability axes. Let's break down the key figures:

Yield Analysis: The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $2,010, while the market rent is lower at $1,565. The absence of home value data suggests that rental properties are more prevalent in this area. This indicates a decent opportunity for rental income, though it falls short of the highest potential yields seen in some other markets.

Stability Analysis: With 52.0% of the population being renters, there is a significant demand for rental housing. However, the lack of data on days on market (DOM) could imply either a balanced market or one where listings are not frequently updated, making it hard to gauge the speed at which properties are rented. The average household income of $110,357 provides a stable economic base for tenants to afford rent, contributing to the overall stability of the market.

Based on these figures, ZIP 99752 does not qualify as a high-yield/low-stability 'flip-style' market. Instead, it represents a middle-ground scenario. The moderate rental income potential, combined with a relatively high average income, points towards a market that can provide steady cash flow without the volatility associated with 'flipping' properties. Landlords and small-portfolio investors would benefit from the consistent rental demand, though they should be cautious about relying solely on the high FMR as an indicator of potential returns without considering the actual market rent.

To summarize, ZIP 99752 offers a balance between yield and stability. It is neither the most lucrative nor the most volatile market but presents a solid opportunity for those seeking reliable rental income. The 52.0% renter rate and $110,357 average income support this conclusion, indicating a market where rental properties can thrive without excessive risk.

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.