How many renters live in Southeast Fairbanks Census Area, Alaska?
The County of Southeast Fairbanks Census Area has people living in households.
There are renters living in renter households in this County. Renters make up 24.77 percent of the population living in Southeast Fairbanks Census Area.
What is the rental market like in Southeast Fairbanks Census Area, Alaska?
There are an estimated housing units in the Southeast Fairbanks Census Area area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Southeast Fairbanks Census Area, Alaska, there are 1.12 rental units.
What is the vacancy rate for rentals in Southeast Fairbanks Census Area?
The rental vacancy rate in Southeast Fairbanks Census Area 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 Southeast Fairbanks Census Area for each bedroom size?
Occupied Rental Units by Size in Southeast Fairbanks Census Area
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 19 | 85 | 164 | 230 | 49 |
Occupied Rental Units by Size in Southeast Fairbanks Census Area
A large number of apartments in Southeast Fairbanks Census Area 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 Southeast Fairbanks Census Area
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $922 to $2,168. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $922 |
| One BR | $1,083 |
| Two BR | $1,309 |
| Three BR | $1,708 |
| Four BR | $2,168 |
2024 Fair Market Rents in Southeast Fairbanks Census Area, Alaska
How many units are rented at Fair Market Rent (FMR) in Southeast Fairbanks Census Area?
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 | 10 | 53 percent |
| One BR | 41 | 48 percent |
| Two BR | 73 | 45 percent |
Rental Units Below FMR in Southeast Fairbanks Census Area, Alaska
How many affordable rental units are in Southeast Fairbanks Census Area?
Income Based Apartments in Southeast Fairbanks Census Area, Alaska
Southeast Fairbanks Census Area features 0 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 Southeast Fairbanks Census Area, Alaska
There are 20 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Southeast Fairbanks Census Area.
Housing Choice Vouchers in Southeast Fairbanks Census Area, Alaska
On average, Section 8 Housing Choice vouchers pay Southeast Fairbanks Census Area landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Southeast Fairbanks Census Area.
The maximum amount a voucher would pay on behalf of a low-income tenant in Southeast Fairbanks Census Area, Alaska for a two-bedroom apartment is between $1,178 and $1,440.
Sourced from federal housing data and AffordableHousingOnline.com research.