Low Income Apartments and Affordable Housing For Rent in Kodiak, AK

Discover affordable housing in Kodiak where there are 4+ 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.

Fir Terrace Apartments

2610 Mill Bay Rd E-1, Kodiak, Alaska 99615

bed 1-2
switch_access_shortcut Short Wait
accessibility Accessible

Spruce Cape Homes

529 Carroll Way, Kodiak, Alaska 99615

bed 1-3
switch_access_shortcut Short Wait
accessibility Accessible

Mill Bay Town Homes

1223 Mill Bay Rd, Kodiak, Alaska 9961

bed 2
switch_access_shortcut Short Wait
accessibility Accessible

Kodiak

914 Pillar Mountain Dr, Kodiak, Alaska 99615

payment Subsidized
accessibility Accessible

How To Identify Affordable Housing in Kodiak, Alaska

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
calendar_today Opened: Feb 1
Open Until Further Notice
cloud_download
calendar_month

Reported On February 23rd, 2024 by Lorena Bentley

calendar_today Opened: Feb 1
Open Until Further Notice
cloud_download
calendar_month

Reported On February 23rd, 2024 by Lorena Bentley

calendar_today Opened: Feb 1
Open Until Further Notice
cloud_download
calendar_month

Reported On February 23rd, 2024 by Lorena Bentley

calendar_today Opened: Feb 1
Open Until Further Notice
cloud_download
calendar_month

Reported On February 23rd, 2024 by Lorena Bentley

calendar_today Opened: Feb 1
Open Until Further Notice
cloud_download
calendar_month

Reported On February 23rd, 2024 by Lorena Bentley

calendar_today Opened: Feb 1
Open Until Further Notice
cloud_download
calendar_month

Reported On February 23rd, 2024 by Lorena Bentley

calendar_today Opened: Feb 1
Open Until Further Notice
cloud_download
calendar_month

Reported On February 23rd, 2024 by Lorena Bentley

calendar_today Opened: Feb 1
Open Until Further Notice
cloud_download
calendar_month

Reported On February 23rd, 2024 by Lorena Bentley

calendar_today Opened: Feb 1
Open Until Further Notice
cloud_download
calendar_month

Reported On February 23rd, 2024 by Lorena Bentley

calendar_today Opened: Oct 5
Open Until Further Notice
cloud_download

Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Kodiak, Alaska
$34.32/hour
$22.59 (+193%) more than Alaska minimum wage and $27.07 (+373%) more than the Federal minimum wage.
Learn More About Kodiak, Alaska Affordable Housing ↓

What HUD offices serve Kodiak, Alaska?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Moving to Work, Section 8 Project-Based Rental Assistance (PBRA) programs for Kodiak, Alaska.
Operates the Public Housing, Moving to Work programs for Kodiak, Alaska.

Go to the Alaska Public Housing and Low-Income Apartments Waiting Lists page for openings near Kodiak.

How many renters live in Kodiak, Alaska?

The City of Kodiak has people living in households.

There are renters living in renter households in this City. Renters make up 45.63 percent of the population living in Kodiak.

What is the rental market like in Kodiak, Alaska?

There are an estimated housing units in the Kodiak area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Kodiak, Alaska, there are 1.1 rental units.

What is the vacancy rate for rentals in Kodiak?

The rental vacancy rate in Kodiak is 9 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 Kodiak for each bedroom size?

Occupied Rental Units by Size in Kodiak
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
66 228 292 204 66
Occupied Rental Units by Size in Kodiak

A large number of apartments in Kodiak have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Kodiak

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,228 to $2,622. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,228
One BR $1,379
Two BR $1,812
Three BR $2,220
Four BR $2,622
2024 Fair Market Rents in Kodiak, Alaska

How many units are rented at Fair Market Rent (FMR) in Kodiak?

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 23 35 percent
One BR 186 82 percent
Two BR 106 36 percent
Rental Units Below FMR in Kodiak, Alaska

How many affordable rental units are in Kodiak?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Kodiak, Alaska

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

Income Based Apartments in Kodiak, Alaska

Kodiak features 100 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 Kodiak, Alaska

There are 50 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Kodiak.

Housing Choice Vouchers in Kodiak, Alaska

On average, Section 8 Housing Choice vouchers pay Kodiak landlords $600 per month towards rent. The average voucher holder contributes $500 towards rent in Kodiak.

The maximum amount a voucher would pay on behalf of a low-income tenant in Kodiak, Alaska for a two-bedroom apartment is between $1,631 and $1,993.

Sourced from federal housing data and AffordableHousingOnline.com research.