Logo Kenai Peninsula Borough Fair Market Rent FY 2021 Kenai Peninsula Borough, AK Rental Data

Fair Market Rent Prices in Kenai Peninsula Borough, AK :
$814 $817 $1,077 $1,494 $1,624
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Non-Metro

Fair Market Rent prices in Kenai Peninsula Borough are very high compared to the national average. This FMR area is more expensive than 91% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Kenai Peninsula Borough is $1,077 per month.

The previous year, rent for a two-bedroom home was $1,192 per month. This is a 9.65% decrease year-over-year.

This FMR rate applies to Moose Pass, AK, Clam Gulch, AK, Tyonek, AK, Cooper Landing, AK, Hope, AK, Seldovia, AK, Ninilchik, AK, Nikiski, AK, Anchor Point, AK, Kasilof, AK and other cities within the region. The Metro Code or CBSA code for this region is NCNTY02122N02122.

Additionally, This Fair Market Rent (FMR) area Kenai Peninsula Borough, AK spans one county or city in Alaska which is listed in the table below. Estimated population of Kenai Peninsula Borough, AK FMR area is 0 people based on 2000 Census data.

Compared to the rest of Alaska, the Kenai Peninsula Borough FMR area is less expensive than 66% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Kenai Peninsula Borough. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Kenai Peninsula Borough

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 876
1-BR 1-Bedroom $ 879
2-BR 2-Bedroom $ 1159
3-BR 3-Bedroom $ 1608
4-BR 4-Bedroom $ 1748
Change Year:

There is just one county (listed below) within the Kenai Peninsula Borough, AK FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Anchorage.

County / Region Est. Population
Kenai Peninsula Borough, AK 0
Zip Codes in Kenai Peninsula Borough, AK

There are 15 unique zip codes in this Fair Market Rent (FMR) area:

99556, 99568, 99572, 99603, 99605, 99610, 99611, 99631, 99635, 99639, 99663, 99664, 99669, 99672 and 99682

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