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 market analysis for Section 8 investors targeting ZIP code 99754 in the Yukon-Koyukuk Census Area, Alaska, reveals several key points that are crucial for understanding the rental dynamics and investment potential in this area.
The Fair Market Rent (FMR) as determined by the U.S. Department of Housing and Urban Development (HUD) for ZIP 99754, under the metro scope for fiscal year 2026, is set at $1,130. This figure serves as a benchmark for what voucher tenants can expect to pay for housing. However, the lack of available market rent data makes it challenging to directly compare the FMR against actual local rents. Based on the FMR alone, voucher tenants will likely cashflow at the FMR level, meaning the rent they receive from the government covers their expenses without significant profit. To achieve positive cashflow, landlords might need to focus on premium units that offer better amenities or are in higher-demand locations within the ZIP code.
The median home value data is also unavailable, which complicates deriving an accurate rent-to-price ratio. In general, areas with lower median home values tend to have more favorable rent-to-price ratios, but without specific numbers, it's difficult to provide a precise comparison. The absence of such data suggests that homeownership is less prevalent or reported in this region, which could indicate a stronger rental market.
The days on market (DOM) and the percentage of homes that require price cuts are not provided, but these metrics would be important if analyzing the buy-versus-rent dynamics. Given the limited data, we must rely on the FMR and the assumption that market rents are generally below or near this level, indicating a stable environment for voucher tenants.
The strongest angle for investors in ZIP 99754 is stability. With the HUD FMR providing a reliable income stream, and the potential for premium units to enhance cashflow, this area offers a predictable and consistent investment opportunity.
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.