Location: Prince of Wales-Hyder Census Area, AK | Metro: Prince of Wales-Hyder Census Area, AK
| Unit Size | Monthly FMR |
|---|---|
| Studio | $910 |
| 1 Bedroom | $1,070 |
| 2 Bedrooms | $1,260 |
| 3 Bedrooms | $1,620 |
| 4 Bedrooms | $2,070 |
| 5 Bedrooms | $2,401 |
| 6 Bedrooms | $2,689 |
| 7 Bedrooms | $2,904 |
| 8 Bedrooms | $3,049 |
U.S. Census Bureau data (2024)
31.5% of residents in ZIP 99925 are renters, indicating a significant demand for rental properties in the area. The $1,190 Fair Market Rent (FMR) for the metro area as of fiscal year 2026 suggests that landlords can expect to receive this amount for a standard two-bedroom apartment through the Section 8 program. Comparatively, the $1,005 market rent, as reported by the Census American Community Survey, shows that the FMR is slightly above the average market rent, which could be beneficial for landlords participating in the program.
$61,250 is the median income for ZIP 99925, providing insight into the economic status of the area's residents. This figure is crucial for understanding the potential earning capacity of tenants and their ability to contribute to rent payments. While the median home value is not available, the lack of data on this point does not necessarily indicate a negative trend; it could simply mean that the majority of housing stock is rentals rather than owner-occupied homes.
The data also indicates that there is no information available regarding the days on market (DOM) and the percentage of price-cut shares, suggesting either a stable market where pricing adjustments are minimal or a lack of comprehensive data on these metrics. In a stable rental market, landlords can generally expect fewer issues with vacancy rates and lower need for rent reductions.
Given the specifics of ZIP 99925, the Section 8 program offers a competitive advantage with its FMR set at $1,190, slightly higher than the average market rent of $1,005. With 31.5% of the population renting, there is a strong base of potential tenants. The median income of $61,250 supports the feasibility of tenants meeting their financial obligations. Landlords and small-portfolio investors should consider the program as a viable option for securing steady rental income.
Verdict: Section 8 is a reliable investment strategy in ZIP 99925.
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.