How many renters live in Yakutat, Alaska?
The City of Yakutat has 564 people living in 231 households.
There are 194 renters living in 102 renter households in this City. Renters make up 34.4 percent of the population living in Yakutat.
What is the rental market like in Yakutat, Alaska?
There are an estimated 343 housing units in the Yakutat area. Of these, 113 units are rental homes, making up 33 percent of the housing market. For every renter household in Yakutat, Alaska, there are 1 rental units.
What is the vacancy rate for rentals in Yakutat?
The rental vacancy rate in Yakutat is 10 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 Yakutat for each bedroom size?
Occupied Rental Units by Size in Yakutat
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 2 | 8 | 6 | 72 | 14 |
Occupied Rental Units by Size in Yakutat
A large number of apartments in Yakutat 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 Yakutat are overburdened by housing costs?
Among renter households in this market, 10 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 Much Is Rent in Yakutat
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,587 to $2,710. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,587 |
| One BR | $1,597 |
| Two BR | $1,957 |
| Three BR | $2,366 |
| Four BR | $2,710 |
2024 Fair Market Rents in Yakutat, Alaska
How many units are rented at Fair Market Rent (FMR) in Yakutat?
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 | 7 | 88 percent |
| Two BR | 5 | 83 percent |
Rental Units Below FMR in Yakutat, Alaska
How many affordable rental units are in Yakutat?
There are a variety of federal affordable housing programs serving households in Yakutat, Alaska including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 20 |
Tracked Units by Federal Program in Yakutat, Alaska
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Yakutat, Alaska
Yakutat 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 Yakutat, Alaska
There are 11 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Yakutat.
Housing Choice Vouchers in Yakutat, Alaska
On average, Section 8 Housing Choice vouchers pay Yakutat landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Yakutat.
The maximum amount a voucher would pay on behalf of a low-income tenant in Yakutat, Alaska for a two-bedroom apartment is between $1,170 and $1,430.
Sourced from federal housing data and AffordableHousingOnline.com research.
