How many renters live in Denali Borough, Alaska?
The County of Denali Borough has 2,101 people living in 525 households.
There are 109 renters living in 69 renter households in this County. Renters make up 5.19 percent of the population living in Denali Borough.
What is the rental market like in Denali Borough, Alaska?
There are an estimated 1,385 housing units in the Denali Borough area. Of these, 95 units are rental homes, making up 7 percent of the housing market. For every renter household in Denali Borough, Alaska, there are 1 rental units.
What is the vacancy rate for rentals in Denali Borough?
The rental vacancy rate in Denali Borough is 19 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 Denali Borough for each bedroom size?
Occupied Rental Units by Size in Denali Borough
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
15 | 18 | 13 | 21 | 2 |
Occupied Rental Units by Size in Denali Borough
A large number of apartments in Denali Borough 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 Denali Borough are overburdened by housing costs?
Among renter households in this market, 26 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 Denali Borough
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $995 to $2,159. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $995 |
One BR | $1,083 |
Two BR | $1,412 |
Three BR | $1,847 |
Four BR | $2,159 |
2024 Fair Market Rents in Denali Borough, Alaska
How many units are rented at Fair Market Rent (FMR) in Denali Borough?
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 | 11 | 73 percent |
One BR | 7 | 39 percent |
Two BR | 12 | 92 percent |
Rental Units Below FMR in Denali Borough, Alaska
How many affordable rental units are in Denali Borough?
Income Based Apartments in Denali Borough, Alaska
Denali Borough 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 Denali Borough, Alaska
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Denali Borough.
Housing Choice Vouchers in Denali Borough, Alaska
On average, Section 8 Housing Choice vouchers pay Denali Borough landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Denali Borough.
The maximum amount a voucher would pay on behalf of a low-income tenant in Denali Borough, Alaska for a two-bedroom apartment is between $1,271 and $1,553.
Sourced from federal housing data and AffordableHousingOnline.com research.