What HUD offices serve Valdez, 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.
Go to the Alaska Public Housing and Low-Income Apartments Waiting Lists page for openings near Valdez.
How many renters live in Valdez, Alaska?
The City of Valdez has people living in households.
There are renters living in renter households in this City. Renters make up 27.98 percent of the population living in Valdez.
What is the rental market like in Valdez, Alaska?
There are an estimated housing units in the Valdez area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Valdez, Alaska, there are 1.06 rental units.
What is the vacancy rate for rentals in Valdez?
The rental vacancy rate in Valdez is 6 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 Valdez for each bedroom size?
Occupied Rental Units by Size in Valdez
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 43 | 301 | 242 | 11 |
Occupied Rental Units by Size in Valdez
A large number of apartments in Valdez have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many units are rented at Fair Market Rent (FMR) in Valdez?
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 |
| One BR | 21 | 49 percent |
| Two BR | 233 | 77 percent |
Rental Units Below FMR in Valdez, Alaska
How many affordable rental units are in Valdez?
There are a variety of federal affordable housing programs serving households in Valdez, Alaska including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Public Housing | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Valdez, Alaska
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Valdez, Alaska
Valdez features 7 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 Valdez, Alaska
There are 20 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Valdez.
Housing Choice Vouchers in Valdez, Alaska
On average, Section 8 Housing Choice vouchers pay Valdez landlords $600 per month towards rent. The average voucher holder contributes $500 towards rent in Valdez.
The maximum amount a voucher would pay on behalf of a low-income tenant in Valdez, Alaska for a two-bedroom apartment is between $1,264 and $1,544.
Sourced from federal housing data and AffordableHousingOnline.com research.
