How many renters live in Yukon Koyukuk Census Area, Alaska?
The County of Yukon Koyukuk Census Area has 5,355 people living in 2,078 households.
There are 1,437 renters living in 574 renter households in this County. Renters make up 26.83 percent of the population living in Yukon Koyukuk Census Area.
What is the rental market like in Yukon Koyukuk Census Area, Alaska?
There are an estimated 4,018 housing units in the Yukon Koyukuk Census Area area. Of these, 620 units are rental homes, making up 15 percent of the housing market. For every renter household in Yukon Koyukuk Census Area, Alaska, there are 1 rental units.
What is the vacancy rate for rentals in Yukon Koyukuk Census Area?
The rental vacancy rate in Yukon Koyukuk Census Area is 6 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 Yukon Koyukuk Census Area for each bedroom size?
Occupied Rental Units by Size in Yukon Koyukuk Census Area
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
76 | 99 | 231 | 144 | 24 |
Occupied Rental Units by Size in Yukon Koyukuk Census Area
A large number of apartments in Yukon Koyukuk Census Area 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 Yukon Koyukuk Census Area are overburdened by housing costs?
Among renter households in this market, 13 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 Yukon Koyukuk Census Area
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $929 to $1,639. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $929 |
One BR | $955 |
Two BR | $1,072 |
Three BR | $1,453 |
Four BR | $1,639 |
2024 Fair Market Rents in Yukon Koyukuk Census Area, Alaska
How many units are rented at Fair Market Rent (FMR) in Yukon Koyukuk 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 | 20 | 26 percent |
One BR | 23 | 23 percent |
Two BR | 88 | 38 percent |
Rental Units Below FMR in Yukon Koyukuk Census Area, Alaska
How many affordable rental units are in Yukon Koyukuk Census Area?
Income Based Apartments in Yukon Koyukuk Census Area, Alaska
Yukon Koyukuk 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 Yukon Koyukuk Census Area, Alaska
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Yukon Koyukuk Census Area.
Housing Choice Vouchers in Yukon Koyukuk Census Area, Alaska
On average, Section 8 Housing Choice vouchers pay Yukon Koyukuk Census Area landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Yukon Koyukuk Census Area.
The maximum amount a voucher would pay on behalf of a low-income tenant in Yukon Koyukuk Census Area, Alaska for a two-bedroom apartment is between $965 and $1,179.
Sourced from federal housing data and AffordableHousingOnline.com research.