How many renters live in Naknek, Alaska?
The City of Naknek has 418 people living in 132 households.
There are 150 renters living in 60 renter households in this City. Renters make up 35.89 percent of the population living in Naknek.
What is the rental market like in Naknek, Alaska?
There are an estimated 418 housing units in the Naknek area. Of these, 70 units are rental homes, making up 17 percent of the housing market. For every renter household in Naknek, Alaska, there are 1 rental units.
What is the vacancy rate for rentals in Naknek?
The rental vacancy rate in Naknek 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 Naknek for each bedroom size?
Occupied Rental Units by Size in Naknek
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 1 | 15 | 23 | 9 | 9 |
Occupied Rental Units by Size in Naknek
A large number of apartments in Naknek 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 Naknek are overburdened by housing costs?
Among renter households in this market, 12 percent have housing cost burden. Further, 5 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 Naknek
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $872 to $1,892. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $872 |
| One BR | $949 |
| Two BR | $1,237 |
| Three BR | $1,743 |
| Four BR | $1,892 |
2024 Fair Market Rents in Naknek, Alaska
How many units are rented at Fair Market Rent (FMR) in Naknek?
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 | 0 | 100 percent |
| One BR | 5 | 33 percent |
| Two BR | 5 | 22 percent |
Rental Units Below FMR in Naknek, Alaska
How many affordable rental units are in Naknek?
Income Based Apartments in Naknek, Alaska
Naknek features 11 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 Naknek, Alaska
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Naknek.
Housing Choice Vouchers in Naknek, Alaska
On average, Section 8 Housing Choice vouchers pay Naknek landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Naknek.
The maximum amount a voucher would pay on behalf of a low-income tenant in Naknek, Alaska for a two-bedroom apartment is between $1,113 and $1,361.
Sourced from federal housing data and AffordableHousingOnline.com research.
