Section 8 rent in Kodiak Island Borough, AK

FY2025 HUD Small Area Fair Market Rents for the Kodiak Island Borough, AK, covering 6 ZIP codes.

$1,838Avg 2BR FMR / mo
$2,022Avg 2BR at 110% Standard
6ZIP Codes

Fair market rent by bedroom count

Base SAFMR across all ZIP codes in this market. Housing authorities may set payment standards between 90% and 110% of these rates.

BedroomsLowest ZIPAverageHighest ZIPAvg 110% Standard
Studio$1,110$1,258$1,290$1,384
1 Bedroom$1,250$1,400$1,430$1,540
2 Bedrooms$1,640$1,838$1,880$2,022
3 Bedrooms$2,000$2,257$2,310$2,482
4 Bedrooms$2,360$2,467$2,490$2,713

Small multifamily Section 8 income

Estimated gross monthly and annual rent for 2-to-4 unit properties, assuming every unit is rented to Section 8 at this market's average fair market rent. Small multifamily is a favorite for long-term buy-and-hold investors stacking stable voucher income across multiple doors.

Property TypeUnit MixGross Monthly RentGross Annual Rent
Duplex2 × 2BR$3,676$44,112
Triplex3 × 2BR$5,514$66,168
Fourplex4 × 2BR$7,352$88,224
Fourplex4 × 3BR$9,028$108,336

Gross scheduled rent before vacancy, maintenance and management. Run any Alaska multifamily listing through RealG to model it against real operating costs, or try the rental property calculator.

Highest-paying ZIP codes

Top 6 of 6 ZIP codes in this market, ranked by 2-bedroom SAFMR.

ZIP Code1BR2BR3BR4BR
99550 $1,430 $1,880 $2,310 $2,490
99608 $1,430 $1,880 $2,310 $2,490
99615 $1,430 $1,880 $2,310 $2,490
99624 $1,430 $1,880 $2,310 $2,490
99644 $1,430 $1,870 $2,300 $2,480
99643 $1,250 $1,640 $2,000 $2,360

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30-year fixed. Taxes and insurance estimated at 1.5% and 0.5% of price per year. Before vacancy, maintenance and management. For a full itemized analysis, run this market in RealG.

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Frequently asked questions

How much does Section 8 pay for a 2-bedroom in Kodiak Island Borough, AK?
For FY2025, the average 2-bedroom Small Area Fair Market Rent in the Kodiak Island Borough, AK is $1,838 per month, ranging from $1,640 to $1,880 depending on ZIP code. Local housing authorities may set payment standards between 90% and 110% of these rates, so the average 2-bedroom payment standard can reach $2,022.
What is a Small Area Fair Market Rent (SAFMR)?
SAFMRs are fair market rents that HUD publishes at the ZIP code level instead of one rate for a whole metro area. They reflect what modest rental housing actually costs in each ZIP, which means higher payment standards in more expensive neighborhoods. Housing choice voucher payments in this market are based on these rates.
Why do rents vary so much between ZIP codes here?
In Kodiak Island Borough, AK, 2-bedroom SAFMRs run from $1,640 to $1,880 per month. HUD sets each ZIP's rate from local rent data, so neighborhoods with stronger rental markets get higher voucher payment standards. For investors, the spread matters: the same house price can produce very different Section 8 rents a few ZIP codes apart.
How do I find Section 8 investment properties in Alaska?
RealG searches live listings across Alaska, runs Section 8 numbers on every property using these HUD rates, and grades each deal A through D against your buying criteria. You can start free with no credit card and see graded deals in this market in minutes.

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