How many renters live in Hooper Bay, Alaska?
The City of Hooper Bay has people living in households.
There are renters living in renter households in this City. Renters make up 34.46 percent of the population living in Hooper Bay.
What is the rental market like in Hooper Bay, Alaska?
There are an estimated housing units in the Hooper Bay area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Hooper Bay, Alaska, there are 1.05 rental units.
What is the vacancy rate for rentals in Hooper Bay?
The rental vacancy rate in Hooper Bay is 4 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 Hooper Bay for each bedroom size?
Occupied Rental Units by Size in Hooper Bay
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 5 | 0 | 25 | 29 | 6 |
Occupied Rental Units by Size in Hooper Bay
A large number of apartments in Hooper Bay 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 Hooper Bay?
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 | 0 | 100 percent |
| Two BR | 4 | 16 percent |
Rental Units Below FMR in Hooper Bay, Alaska
How many affordable rental units are in Hooper Bay?
Income Based Apartments in Hooper Bay, Alaska
Hooper Bay 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 Hooper Bay, Alaska
There are 19 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hooper Bay.
Housing Choice Vouchers in Hooper Bay, Alaska
On average, Section 8 Housing Choice vouchers pay Hooper Bay landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Hooper Bay.
The maximum amount a voucher would pay on behalf of a low-income tenant in Hooper Bay, Alaska for a two-bedroom apartment is between $815 and $996.
Sourced from federal housing data and AffordableHousingOnline.com research.