Affordable Housing In Ketchikan
Ketchikan Gateway Borough Alaska


Waiting List Openings In Ketchikan

Waiting ListStatus
Alaska Housing Finance Corporation - Section 8 Housing Choice Voucher Open Now

6 Low Income Apartment Communities In Ketchikan

Glacier Park Apartments

660 S Yorktown Dr
Ketchikan, AK
Subsidized

Opportunity House

323 Carlanna Lake Rd
Ketchikan, AK
Accessible
Disabled Supportive Housing
Subsidized

2122 Apartments

1300 N Yorktown Dr
Ketchikan, AK
HCV Welcome

Ketchikan

130 Bryant St
Ketchikan, AK

Carlanna

1360 Jackson St
Ketchikan, AK
HCV Welcome

Klawock Low Rent Housing Project

Nhn 4th St
Ketchikan, AK
HCV Welcome
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There are 6 low income housing apartment complexes which contain 211 affordable apartments for rent in Ketchikan. Many of these rental apartments are income based housing with 126 apartments that set rent based on your income. In Ketchikan, HUD housing programs support 0 rental assistance apartments through programs like Project-based Section 8. There are 85 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Ketchikan

Housing Authority Programs
Alaska Housing Finance Corporation - Section 8 Section 8 Housing Choice Voucher (HCV); Moving to Work
Alaska Housing Finance Corporation - Public Housing Public Housing; Moving to Work

Guide To Affordable Housing in Ketchikan, Alaska

Ketchikan, AK Affordable Housing Snapshot

Total Affordable Apartment Properties 6
Total Low Income Apartments 211
Total Rent Assisted Apartments 126
Percentage of Housing Units Occupied By Renters 50.83%
Average Renter Household Size 2.28
Total Population 8,197
Housing Units 3,317
Average Household Size 2.39
Median Household Income $53,111 ±$2,623
Median Rent $966 ±$58
Percentage Of Renters Overburdened 47.81% ± 5.69pp

Population and Household Demographics

Ketchikan is a City in Ketchikan Gateway Borough, Alaska with a population of 8,197. There are 3,317 households in the city with an average household size of 2.39 persons. 50.83% of households in Ketchikan are renters.

Income and Rent Overburden in Ketchikan

The median gross income for households in Ketchikan is $53,111 a year, or $4,426 a month. The median rent for the city is $966 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Ketchikan, a household making less than $3,220 a month would be considered overburdened when renting an apartment at or above the median rent. 47.81% of households who rent are overburdened in Ketchikan.1

Area Median Income In Ketchikan

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Ketchikan, the AMI is calculated from all households within Ketchikan Gateway Borough.

In Ketchikan, HUD calculates the Area Median Income for a family of four as $86,200

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Ketchikan

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Ketchikan HUD Rental Assistance in Ketchikan

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $18,100 $21,130 $26,660 $32,190 $37,720 $43,250 $48,780 $54,310
50% of Median $30,200 $34,500 $38,800 $43,100 $46,550 $50,000 $53,450 $56,900
80% of Median $48,300 $55,200 $62,100 $68,950 $74,500 $80,000 $85,500 $91,050
Low Income Housing Tax Credits in Ketchikan

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1987 to 2007, 3 low income apartment communities containing 85 rental apartments have been constructed and made affordable to low income persons in Ketchikan by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Ketchikan

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $36,240 $41,400 $46,560 $51,720 $55,860 $60,000 $64,140 $68,280

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Ketchikan is $46,560 a year, or $3,880 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,880 by 30% to get a maximum rent of $1,164 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $755 $809 $970 $1,121 $1,250 $1,379
60% $906 $971 $1,164 $1,345 $1,500 $1,655
Fair Market Rents in Ketchikan

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$854 $1,005 $1,330 $1,785 $2,336