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RentData.org Logo Kodiak Island Borough Fair Market Rent FY 2022 Kodiak Island Borough, AK Rental Data

Fair Market Rent Prices in Kodiak Island Borough, AK :
$1,042 $1,192 $1,568 $1,938 $2,402
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 Kodiak Island Borough are very high compared to the national average. This FMR area is more expensive than 97% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Kodiak Island Borough is $1,568 per month.

The previous year, rent for a two-bedroom home was $1,469 per month. This is a 6.74% increase year-over-year.

This FMR rate applies to and other cities within the region. The Metro Code or CBSA code for this region is NCNTY02150N02150.

Additionally, This Fair Market Rent (FMR) area Kodiak Island Borough, AK spans one county or city in Alaska which is listed in the table below. Estimated population of Kodiak Island Borough, AK FMR area is 13,775 people based on latest Census data.

Compared to the rest of Alaska, the Kodiak Island Borough FMR area is more expensive than 92% 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 Kodiak Island Borough. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Kodiak Island 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 $ 1116
1-BR 1-Bedroom $ 1276
2-BR 2-Bedroom $ 1679
3-BR 3-Bedroom $ 2075
4-BR 4-Bedroom $ 2572
Change Year:

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

County / Region Est. Population
Kodiak Island Borough, AK 13,775
Zip Codes in Kodiak Island Borough, AK

There is 0 unique zip codes in this Fair Market Rent (FMR) area:

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