Affordable Housing In Matanuska Susitna Borough
Alaska

Affordable Housing programs support 143 income based apartments in Matanuska Susitna Borough where households pay rent based on how much they earn.

There are 692 affordable apartments in Matanuska Susitna Borough that offer reduced rents to low-income households.

Waiting Lists in Matanuska Susitna Borough, Alaska

There are no open Section 8 Housing Choice Voucher waiting lists in Matanuska Susitna Borough. Go to the Alaska Section 8 Waiting Lists page for openings near Matanuska Susitna Borough.

Whispering Winds Senior Apartments

507 Cope-Industrial Way
Palmer, Alaska
Call For Rent
1-2 BR
Affordable

Chinook Villa Apartments

1200 S Century Cir
Wasilla, Alaska
Call For Rent
1 BR
62+
Affordable

Forest Apartments

328 W Cottonwood Avenue
Palmer, Alaska
Call For Rent
1-2 BR
Affordable

Northridge Apartments

424 E Dogwood Ave
Palmer, Alaska
Call For Rent
1-2 BR
Affordable

Vista Rose

1250 N. Lucille Street
Wasilla, Alaska
Call For Rent
1-2 BR
Accessible
62+
Affordable

Sutton Annex

15838 N Glenn Hwy
Sutton, Alaska
Rent Assisted
62+
Accessible
Elderly Supportive Housing

Mid - Valley Manor

11913 W Mid Valley Way
Houston, Alaska
Rent Assisted
62+
Accessible
Elderly Supportive Housing

Cranberry Ridge

11881 W Mid Valley Way
Houston, Alaska
Rent Assisted
62+
Accessible
Elderly Supportive Housing

Sutton Manor

15816 N Glenn Hwy
Sutton, Alaska
Rent Assisted
62+
Accessible
Elderly Supportive Housing

Daybreak Apartments ( Cmi )

2080 N Hemmer Rd
Palmer, Alaska
Rent Assisted
62+
Accessible
Elderly Supportive Housing
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Affordable Housing In Matanuska Susitna Borough

View affordable apartments and waiting lists in cities near Matanuska Susitna Borough

City Apartments
Affordable Housing In Houston, AK Affordable Housing programs support 2 apartment communities in Houston.
Affordable Housing In Palmer, AK Affordable Housing programs support 12 apartment communities in Palmer.
Affordable Housing In Sutton, AK Affordable Housing programs support 2 apartment communities in Sutton.
Affordable Housing In Wasilla, AK Affordable Housing programs support 16 apartment communities in Wasilla.

Matanuska Susitna Borough, Alaska Affordable Housing Data

Income Based Apartments in Matanuska Susitna Borough, Alaska

Matanuska Susitna Borough features 143 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 Matanuska Susitna Borough, Alaska

There are 692 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Matanuska Susitna Borough.

Housing Choice Vouchers in Matanuska Susitna Borough, Alaska

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Matanuska Susitna Borough, Alaska for a two-bedroom apartment is between $1,048 and $1,280.

2023 Matanuska Susitna Borough, Alaska Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Matanuska Susitna Borough, Alaska Fair Market Rent $830 $884 $1,164 $1,654 $1,983
Matanuska Susitna Borough, Alaska Payment Standard Range $747 to $913 $796 to $972 $1,048 to $1,280 $1,489 to $1,819 $1,785 to $2,181

Sourced from federal housing data and AffordableHousingOnline.com research.

Matanuska Susitna Borough, AK Affordable Housing Snapshot

Total Affordable Apartment Properties 32
Total Low Income Apartments 835
Total Housing Units with Rental Assistance 143
Percentage of Housing Units Occupied By Renters 24.33%
Average Renter Household Size 2.88
Average Household Size 3.03
Median Household Income $72,983 ±$1,577
Median Rent $1,073 ±$26
Percentage Of Renters Overburdened 43.64% ± 2.74pp
Total Population 96,178

Population and Household Demographics

Matanuska Susitna Borough is a county in Alaska with a population of 96,178. There are 31,098 households in the county with an average household size of 3.03 persons. 24.33% of households in Matanuska Susitna Borough are renters.

Income and Rent Overburden in Matanuska Susitna Borough

The median gross income for households in Matanuska Susitna Borough is $72,983 a year, or $6,082 a month. The median rent for the county is $1,073 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Matanuska Susitna Borough, a household making less than $3,577 a month would be considered overburdened when renting an apartment at or above the median rent. 43.64% of households who rent are overburdened in Matanuska Susitna Borough.

Area Median Income In Matanuska Susitna Borough

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.

In Matanuska Susitna Borough, HUD calculates the Area Median Income for a family of four as $94,800

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 Matanuska Susitna Borough

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 HUD Rental Assistance in Matanuska Susitna Borough

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Matanuska Susitna Borough AMI may qualify for rental assistance programs that target Extremely Low Income households.
$19,950 $22,890 $28,790 $34,690 $40,590 $46,490 $52,390 $58,290
50% AMI Income Limits
Renters earning up to 50% of the Matanuska Susitna Borough AMI may qualify for rental assistance programs that target Very Low Income households.
$33,200 $37,950 $42,700 $47,400 $51,200 $55,000 $58,800 $62,600
80% AMI Income Limits
Renters earning up to 80% of the Matanuska Susitna Borough AMI may qualify for rental assistance programs that target Low Income households.
$53,100 $60,700 $68,300 $75,850 $81,950 $88,000 $94,100 $100,150