Affordable Housing In Stony River
Bethel Census Area, Alaska

Affordable Housing programs support 0 income based apartments in Stony River where households pay rent based on how much they earn.

There are 0 affordable apartments in Stony River that offer reduced rents to low-income households.

Waiting Lists in Stony River, Alaska

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

Affordable Housing Near Stony River

View affordable apartments and waiting lists in cities near Stony River

City Apartments
Affordable Housing In Bethel, AK Affordable Housing programs support 2 apartment communities in Bethel.
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Affordable Housing In Petersburg, AK Affordable Housing programs support 2 apartment communities in Petersburg.
Affordable Housing In Sitka, AK Affordable Housing programs support 4 apartment communities in Sitka.
Affordable Housing In Wrangell, AK Affordable Housing programs support 1 apartment communities in Wrangell.
Affordable Housing In Yakutat, AK Affordable Housing programs support 1 apartment communities in Yakutat.

Stony River, Alaska Affordable Housing Data

Income Based Apartments in Stony River, Alaska

Stony River 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 Stony River, Alaska

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Stony River.

Housing Choice Vouchers in Stony River, Alaska

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Stony River, Alaska for a two-bedroom apartment is between $1,637 and $2,001.

2023 Stony River, 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
Stony River, Alaska Fair Market Rent $1,417 $1,426 $1,819 $2,214 $2,444
Stony River, Alaska Payment Standard Range $1,275 to $1,559 $1,283 to $1,569 $1,637 to $2,001 $1,993 to $2,435 $2,200 to $2,688

Sourced from federal housing data and AffordableHousingOnline.com research.

Stony River, AK Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 62.5%
Average Renter Household Size 3.00
Average Household Size 2.50
Median Household Income $22,500 ±$18,681
Median Rent $413 ±$85
Percentage Of Renters Overburdened 30% ± 128.68pp
Total Population 40

Population and Household Demographics

Stony River is a city in Bethel Census Area, Alaska with a population of 40. There are 16 households in the city with an average household size of 2.50 persons. 62.5% of households in Stony River are renters.

Income and Rent Overburden in Stony River

The median gross income for households in Stony River is $22,500 a year, or $1,875 a month. The median rent for the city is $413 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Stony River, a household making less than $1,377 a month would be considered overburdened when renting an apartment at or above the median rent. 30% of households who rent are overburdened in Stony River.

Area Median Income In Stony River

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Stony River, the AMI is calculated from all households within Bethel Census Area.

In Stony River, HUD calculates the Area Median Income for a family of four as $60,000

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 Stony River

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 Stony River

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 Stony River AMI may qualify for rental assistance programs that target Extremely Low Income households.
$20,800 $23,800 $28,790 $34,690 $40,590 $46,490 $52,390 $58,290
50% AMI Income Limits
Renters earning up to 50% of the Stony River AMI may qualify for rental assistance programs that target Very Low Income households.
$34,650 $39,600 $44,550 $49,500 $53,500 $57,450 $61,400 $65,350
80% AMI Income Limits
Renters earning up to 80% of the Stony River AMI may qualify for rental assistance programs that target Low Income households.
$55,450 $63,400 $71,300 $79,200 $85,550 $91,900 $98,250 $104,550