How many renters live in Northwest Arctic Borough, Alaska?
The County of Northwest Arctic Borough has people living in households.
There are renters living in renter households in this County. Renters make up 30.81 percent of the population living in Northwest Arctic Borough.
What is the rental market like in Northwest Arctic Borough, Alaska?
There are an estimated housing units in the Northwest Arctic Borough area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Northwest Arctic Borough, Alaska, there are 1.04 rental units.
What is the vacancy rate for rentals in Northwest Arctic Borough?
The rental vacancy rate in Northwest Arctic Borough is 1 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 Northwest Arctic Borough for each bedroom size?
Occupied Rental Units by Size in Northwest Arctic Borough
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 65 | 135 | 228 | 196 | 66 |
Occupied Rental Units by Size in Northwest Arctic Borough
A large number of apartments in Northwest Arctic Borough 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 Northwest Arctic Borough
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,277 to $2,881. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,277 |
| One BR | $1,434 |
| Two BR | $1,884 |
| Three BR | $2,611 |
| Four BR | $2,881 |
2024 Fair Market Rents in Northwest Arctic Borough, Alaska
How many units are rented at Fair Market Rent (FMR) in Northwest Arctic 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 | 32 | 49 percent |
| One BR | 67 | 50 percent |
| Two BR | 75 | 33 percent |
Rental Units Below FMR in Northwest Arctic Borough, Alaska
How many affordable rental units are in Northwest Arctic Borough?
There are a variety of federal affordable housing programs serving households in Northwest Arctic Borough, Alaska including the following:
| Federal Program | Unit Count |
| Section 202 Supportive Housing for the Elderly |
Tracked Units by Federal Program in Northwest Arctic Borough, Alaska
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Northwest Arctic Borough, Alaska
Northwest Arctic Borough features 5 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 Northwest Arctic Borough, Alaska
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Northwest Arctic Borough.
Housing Choice Vouchers in Northwest Arctic Borough, Alaska
On average, Section 8 Housing Choice vouchers pay Northwest Arctic Borough landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Northwest Arctic Borough.
The maximum amount a voucher would pay on behalf of a low-income tenant in Northwest Arctic Borough, Alaska for a two-bedroom apartment is between $1,696 and $2,072.
Sourced from federal housing data and AffordableHousingOnline.com research.