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

Discover affordable housing in Tanacross 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.

Tanacross Single Family Rent to Own

3rd Ave, Tanacross, Alaska 0

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Tanacross, Alaska
$24.79/hour
$13.06 (+111%) more than Alaska minimum wage and $17.54 (+242%) more than the Federal minimum wage.
Learn More About Tanacross, Alaska Affordable Housing ↓

How many renters live in Tanacross, Alaska?

The City of Tanacross has 136 people living in 28 households.

There are 68 renters living in 15 renter households in this City. Renters make up 50 percent of the population living in Tanacross.

What is the rental market like in Tanacross, Alaska?

There are an estimated 61 housing units in the Tanacross area. Of these, 15 units are rental homes, making up 25 percent of the housing market. For every renter household in Tanacross, Alaska, there are 1 rental units.

What is the vacancy rate for rentals in Tanacross?

The rental vacancy rate in Tanacross is 0 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 Tanacross for each bedroom size?

Occupied Rental Units by Size in Tanacross
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 0 5 7 3
Occupied Rental Units by Size in Tanacross

A large number of apartments in Tanacross 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 Tanacross are overburdened by housing costs?

Among renter households in this market, 7 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 Tanacross

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $922 to $2,168. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $922
One BR $1,083
Two BR $1,309
Three BR $1,708
Four BR $2,168
2024 Fair Market Rents in Tanacross, Alaska

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

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
Two BR 0 100 percent
Rental Units Below FMR in Tanacross, Alaska

How many affordable rental units are in Tanacross?

Income Based Apartments in Tanacross, Alaska

Tanacross features 0 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 Tanacross, Alaska

There are 20 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Tanacross.

Housing Choice Vouchers in Tanacross, Alaska

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Tanacross, Alaska for a two-bedroom apartment is between $1,178 and $1,440.

Sourced from federal housing data and AffordableHousingOnline.com research.