Low Income Apartments and Affordable Housing For Rent in Ketchikan Gateway Borough, AK

Discover affordable housing in Ketchikan Gateway Borough where there are 6+ 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.

Opportunity House

323 Carlanna Lake Rd, Ketchikan, Alaska 99901

Glacier Park Apartments

660 S Yorktown Dr, Ketchikan, Alaska 99901

Ketchikan

130 Bryant St, Ketchikan, Alaska 99901

2122 Apartments

1300 N Yorktown Dr, Ketchikan, Alaska 99901

Carlanna

1360 Jackson St, Ketchikan, Alaska 99901

Klawock Low Rent Housing Project

Nhn 4th St, Ketchikan, Alaska 99903

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Ketchikan Gateway Borough, Alaska
$29.28/hour
$17.55 (+150%) more than Alaska minimum wage and $22.03 (+304%) more than the Federal minimum wage.
Learn More About Ketchikan Gateway Borough, Alaska Affordable Housing ↓

How many renters live in Ketchikan Gateway Borough, Alaska?

The County of Ketchikan Gateway Borough has 13,910 people living in 5,568 households.

There are 4,440 renters living in 1,912 renter households in this County. Renters make up 31.92 percent of the population living in Ketchikan Gateway Borough.

What is the rental market like in Ketchikan Gateway Borough, Alaska?

There are an estimated 6,615 housing units in the Ketchikan Gateway Borough area. Of these, 2,123 units are rental homes, making up 32 percent of the housing market. For every renter household in Ketchikan Gateway Borough, Alaska, there are 1 rental units.

What is the vacancy rate for rentals in Ketchikan Gateway Borough?

The rental vacancy rate in Ketchikan Gateway Borough is 7 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 Ketchikan Gateway Borough for each bedroom size?

Occupied Rental Units by Size in Ketchikan Gateway Borough
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
177 512 715 381 103
Occupied Rental Units by Size in Ketchikan Gateway Borough

A large number of apartments in Ketchikan Gateway 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 Ketchikan Gateway Borough are overburdened by housing costs?

Among renter households in this market, 47 percent have housing cost burden. Further, 21 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 Ketchikan Gateway Borough

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,048 to $2,624. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,048
One BR $1,177
Two BR $1,546
Three BR $2,140
Four BR $2,624
2024 Fair Market Rents in Ketchikan Gateway Borough, Alaska

How many units are rented at Fair Market Rent (FMR) in Ketchikan Gateway 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 102 58 percent
One BR 290 57 percent
Two BR 413 58 percent
Rental Units Below FMR in Ketchikan Gateway Borough, Alaska

How many affordable rental units are in Ketchikan Gateway Borough?

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

Federal Program Unit Count
Low Income Housing Tax Credit 109
Public Housing 73
Section 811 Supportive Housing for Persons with Disabilities 8
USDA Section 515 Rural Rental Housing 22
Tracked Units by Federal Program in Ketchikan Gateway Borough, Alaska

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

Income Based Apartments in Ketchikan Gateway Borough, Alaska

Ketchikan Gateway Borough features 103 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 Ketchikan Gateway Borough, Alaska

There are 85 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ketchikan Gateway Borough.

Housing Choice Vouchers in Ketchikan Gateway Borough, Alaska

On average, Section 8 Housing Choice vouchers pay Ketchikan Gateway Borough landlords $700 per month towards rent. The average voucher holder contributes $500 towards rent in Ketchikan Gateway Borough.

The maximum amount a voucher would pay on behalf of a low-income tenant in Ketchikan Gateway Borough, Alaska for a two-bedroom apartment is between $1,391 and $1,701.

Sourced from federal housing data and AffordableHousingOnline.com research.