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

Discover affordable housing in Cordova where there are 2+ 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.

Sunset View

401 2nd St, Cordova, Alaska 99574

payment Subsidized

Cordova Mews Apartments

401 Orca Ave., Cordova, Alaska 99574

bed 1-3
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

How To Identify Affordable Housing in Cordova, Alaska

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Cordova, Alaska
$26.59/hour
$14.86 (+127%) more than Alaska minimum wage and $19.34 (+267%) more than the Federal minimum wage.
Learn More About Cordova, Alaska Affordable Housing ↓

What HUD offices serve Cordova, 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 Cordova, Alaska.

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

How many renters live in Cordova, Alaska?

The City of Cordova has people living in households.

There are renters living in renter households in this City. Renters make up 36.1 percent of the population living in Cordova.

What is the rental market like in Cordova, Alaska?

There are an estimated housing units in the Cordova area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Cordova, Alaska, there are 1.13 rental units.

What is the vacancy rate for rentals in Cordova?

The rental vacancy rate in Cordova is 8 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

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

Occupied Rental Units by Size in Cordova
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 56 102 104 31
Occupied Rental Units by Size in Cordova

A large number of apartments in Cordova 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 Cordova?

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 2 4 percent
Two BR 71 70 percent
Rental Units Below FMR in Cordova, Alaska

How many affordable rental units are in Cordova?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Cordova, Alaska

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

Income Based Apartments in Cordova, Alaska

Cordova features 44 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 Cordova, Alaska

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

Housing Choice Vouchers in Cordova, Alaska

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Cordova, Alaska for a two-bedroom apartment is between $1,264 and $1,544.

Sourced from federal housing data and AffordableHousingOnline.com research.