Low Income Apartments and Affordable Housing For Rent in Nome, AK

Discover affordable housing in Nome where there are 1+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Munaqsri Senior Apartments

515 Steadman Street, Nome, Alaska 99762

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Nome, Alaska
$28.35/hour
$16.62 (+142%) more than Alaska minimum wage and $21.10 (+291%) more than the Federal minimum wage.
Learn More About Nome, Alaska Affordable Housing ↓

What HUD offices serve Nome, Alaska?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Public Housing, Moving to Work programs for Nome, Alaska.

Go to the Alaska Public Housing and Low-Income Apartments Waiting Lists page for openings near Nome.

How many renters live in Nome, Alaska?

The City of Nome has 3,710 people living in 1,173 households.

There are 1,557 renters living in 625 renter households in this City. Renters make up 41.97 percent of the population living in Nome.

What is the rental market like in Nome, Alaska?

There are an estimated 1,495 housing units in the Nome area. Of these, 643 units are rental homes, making up 43 percent of the housing market. For every renter household in Nome, Alaska, there are 1 rental units.

What is the vacancy rate for rentals in Nome?

The rental vacancy rate in Nome is 2 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Nome for each bedroom size?

Occupied Rental Units by Size in Nome
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
68 186 211 151 9
Occupied Rental Units by Size in Nome

A large number of apartments in Nome have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Nome are overburdened by housing costs?

Among renter households in this market, 28 percent have housing cost burden. Further, 7 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Nome

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,250 to $2,289. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,250
One BR $1,258
Two BR $1,497
Three BR $2,110
Four BR $2,289
2024 Fair Market Rents in Nome, Alaska

How many units are rented at Fair Market Rent (FMR) in Nome?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 50 74 percent
One BR 71 38 percent
Two BR 62 29 percent
Rental Units Below FMR in Nome, Alaska

How many affordable rental units are in Nome?

There are a variety of federal affordable housing programs serving households in Nome, Alaska including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 17
Public Housing 33
USDA Section 515 Rural Rental Housing 17
Tracked Units by Federal Program in Nome, Alaska

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Nome, Alaska

Nome features 17 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Nome, Alaska

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Nome.

Housing Choice Vouchers in Nome, Alaska

On average, Section 8 Housing Choice vouchers pay Nome landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Nome.

The maximum amount a voucher would pay on behalf of a low-income tenant in Nome, Alaska for a two-bedroom apartment is between $1,347 and $1,647.

Sourced from federal housing data and AffordableHousingOnline.com research.