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

Discover affordable housing in Nome Census Area 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 Census Area, 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 Census Area, Alaska Affordable Housing ↓

How many renters live in Nome Census Area, Alaska?

The County of Nome Census Area has 10,018 people living in 2,786 households.

There are 2,860 renters living in 1,041 renter households in this County. Renters make up 28.55 percent of the population living in Nome Census Area.

What is the rental market like in Nome Census Area, Alaska?

There are an estimated 4,116 housing units in the Nome Census Area area. Of these, 1,069 units are rental homes, making up 26 percent of the housing market. For every renter household in Nome Census Area, Alaska, there are 1 rental units.

What is the vacancy rate for rentals in Nome Census Area?

The rental vacancy rate in Nome Census Area 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 Census Area for each bedroom size?

Occupied Rental Units by Size in Nome Census Area
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
100 251 372 280 37
Occupied Rental Units by Size in Nome Census Area

A large number of apartments in Nome Census Area 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 Census Area are overburdened by housing costs?

Among renter households in this market, 22 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 Census Area

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 Census Area, Alaska

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

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 64 64 percent
One BR 98 39 percent
Two BR 160 43 percent
Rental Units Below FMR in Nome Census Area, Alaska

How many affordable rental units are in Nome Census Area?

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

Federal Program Unit Count
Low Income Housing Tax Credit 16
Public Housing 33
USDA Section 515 Rural Rental Housing 17
Tracked Units by Federal Program in Nome Census Area, Alaska

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

Income Based Apartments in Nome Census Area, Alaska

Nome Census Area 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 Census Area, Alaska

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

Housing Choice Vouchers in Nome Census Area, Alaska

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.