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 |
ZIP 99774 is located in Stevens Village, a sparsely populated, rural area in Alaska. The total population is 78, with the majority being Native American. The median age in the area is 31, with males having a median age of 34 and females having a median age of 26.
The median household income in Stevens Village is $12,500, which is significantly lower than the U.S. average of $50,000. The median family income is even lower at $11,563. Notably, men in the area earn an average of $11,281 per year, while women earn only $4,960 per year.
The Fair Market Rent (FMR) for ZIP 99774 is set at $1,130 for the fiscal year 2026. Given the low median income levels, this suggests that many residents rely heavily on Section 8 vouchers to afford housing. The average home value in the area is $58,800, indicating that the real estate market is relatively inexpensive compared to urban areas.
Due to the low income levels and reliance on Section 8 vouchers, ZIP 99774 is more suitable for hands-off voucher operators rather than hands-on value-add buyers. Landlords and small-portfolio investors should consider the economic context of the area when deciding whether to invest in rental properties here. The limited demand for higher-priced rentals means that focusing on affordable housing options is key to success in this market.
Data Sources: FMR data from HUD (2027).
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.