Low Income Apartments and Affordable Housing For Rent in Mountain Village, AK

Discover affordable housing in Mountain Village where there are 2+ 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.

Atclihtc

Po Box 33249, Mountain Village, Alaska 99632

Asacarsarmiut Housing Project

Old Airport Rd, Mountain Village, Alaska 99632

How To Identify Affordable Housing in Mountain Village, 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.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Mountain Village, Alaska
$17.14/hour
$5.41 (+46%) more than Alaska minimum wage and $9.89 (+136%) more than the Federal minimum wage.
Learn More About Mountain Village, Alaska Affordable Housing ↓

How many renters live in Mountain Village, Alaska?

The City of Mountain Village has 884 people living in 200 households.

There are 205 renters living in 70 renter households in this City. Renters make up 23.19 percent of the population living in Mountain Village.

What is the rental market like in Mountain Village, Alaska?

There are an estimated 237 housing units in the Mountain Village area. Of these, 71 units are rental homes, making up 30 percent of the housing market. For every renter household in Mountain Village, Alaska, there are 1 rental units.

What is the vacancy rate for rentals in Mountain Village?

The rental vacancy rate in Mountain Village is 0 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 Mountain Village for each bedroom size?

Occupied Rental Units by Size in Mountain Village
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
4 4 48 7 7
Occupied Rental Units by Size in Mountain Village

A large number of apartments in Mountain Village 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 Mountain Village are overburdened by housing costs?

Among renter households in this market, 16 percent have housing cost burden. Further, 6 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 many units are rented at Fair Market Rent (FMR) in Mountain Village?

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 4 100 percent
One BR 0 100 percent
Two BR 19 40 percent
Rental Units Below FMR in Mountain Village, Alaska

How many affordable rental units are in Mountain Village?

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

Federal Program Unit Count
Low Income Housing Tax Credit 20
USDA Section 515 Rural Rental Housing 8
Tracked Units by Federal Program in Mountain Village, Alaska

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

Income Based Apartments in Mountain Village, Alaska

Mountain Village features 8 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 Mountain Village, Alaska

There are 10 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mountain Village.

Housing Choice Vouchers in Mountain Village, Alaska

On average, Section 8 Housing Choice vouchers pay Mountain Village landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Mountain Village.

The maximum amount a voucher would pay on behalf of a low-income tenant in Mountain Village, Alaska for a two-bedroom apartment is between $815 and $996.

Sourced from federal housing data and AffordableHousingOnline.com research.