Location: Hoonah-Angoon Census Area, AK | Metro: Hoonah-Angoon Census Area, AK
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,090 |
| 1 Bedroom | $1,200 |
| 2 Bedrooms | $1,570 |
| 3 Bedrooms | $1,870 |
| 4 Bedrooms | $2,580 |
| 5 Bedrooms | $2,993 |
| 6 Bedrooms | $3,352 |
| 7 Bedrooms | $3,620 |
| 8 Bedrooms | $3,801 |
U.S. Census Bureau data (2024)
ZIP code 99825, located within the Hoonah-Angoon Census Area, AK, presents unique characteristics compared to other ZIP codes in the same area. The Fair Market Rent (FMR) for the metro FY 2026 is set at $1,460. This figure is critical for understanding the rental landscape under the Section 8 program.
Notably, the market rent and home values for ZIP 99825 are currently unavailable. This absence of data suggests that either there is limited private rental activity or the housing market is less developed compared to other parts of the Hoonah-Angoon Census Area. However, given the FMR, it's reasonable to infer that 99825 could be considered a value pocket within its metro area. The FMR is the benchmark used to determine eligibility for the Section 8 Housing Choice Voucher program and is typically lower than market rents in areas with active private markets.
The 0.0% renter share in ZIP 99825 indicates that very few residents rent their homes, which contrasts sharply with the typical scenario where a higher proportion of residents might be renters. This low renter share, combined with the unavailability of market rent and home value data, points towards a community where homeownership is the dominant form of housing tenure. Such conditions can make it challenging for landlords to find tenants willing to pay market rates, potentially making ZIP 99825 more attractive for those looking to participate in the Section 8 program due to the lack of competition from private rentals.
In summary, ZIP 99825 stands out as a value pocket within the Hoonah-Angoon Census Area, AK. Its defined FMR of $1,460 makes it an accessible option for voucher holders, while the low renter share and unavailability of market data suggest a unique housing environment. Landlords and small-portfolio investors should consider these factors when evaluating the potential of this ZIP code for Section 8 investments.
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.