Housing market/Alaska/ZIP 99508

ACS 2023 · FY2027 SAFMR

ZIP 99508 Anchorage, Alaska

Anchorage, AK HUD Metro FMR Area · Alaska. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
36,660
Households
12,623
Median HH income
$72,751
Renter share
48.4%
Median gross rent
$1,353
Vacancy
11.2%
Pop. change
+3.0%
2BR SAFMR
$1,510
SAFMR / rent
1.116×
2–49 unit stock
7,448
LIHTC proj / units
9 / 442
HUD assisted MF
5 / 89

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 99508 · AK — sent to you.

ZIP 99508 · AK

ACS median rent$1,353
2BR SAFMR$1,510
90% floor$1,359
110% ceiling$1,661

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 99508

  • 1-unit detached4,75233.4%
  • 1-unit attached9356.6%
  • 2–4 units3,84927.1%
  • 5–49 units3,59925.3%
  • 50+ units890.6%
  • Mobile9957.0%
TypeUnitsShare
1-unit detached4,75233.4%
1-unit attached9356.6%
2 units (duplex)1,79612.6%
3–4 units2,05314.4%
5–9 units1,57811.1%
10–19 units8025.6%
20–49 units1,2198.6%
50+ units890.6%
Mobile9957.0%

2–4 unit share 27.1% · 5–49 unit share 25.3% · combined 2–49 52.4%.

Units by bedrooms

Studio
413
1BR
1,982
2BR
4,684
3BR
4,860
4BR
1,740
5+
540

Rent burden

Rent ≥30% of income50.1%
Rent ≥50% of income22.8%
  • ACS median gross rent $1,353 (all bedrooms, occupied rentals).
  • Median contract rent $1,228.
  • Renters paying ≥30% of income 50.1%; ≥50% 22.8%.
  • FY2027 2BR SAFMR $1,510 (1.116× ACS median gross rent).

Population

36,660 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +3.0%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 9 projects, 442 units.
  • HUD project-based assisted MF: 5 properties, 89 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 36 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 99508 48.4% of occupied households are renters; vacancy is 11.2%; ACS median gross rent is $1,353; population increased +3.0% between the 2018 and 2023 ACS vintages; the housing stock includes 3,849 units in 2–4-unit structures and 3,599 units in 5–49-unit structures; 9 LIHTC projects totaling 442 units; FY2027 2BR SAFMR is $1,510 versus ACS median gross rent of $1,353. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Alaska research

ZIP 99508 is a Census / HUD profile for Anchorage, AK. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Alaska research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 99508?

ZIP 99508 (Anchorage, AK HUD Metro FMR Area) has 36,660 residents, 12,623 households, a renter share of 48.4%, median household income of $72,751, and ACS 2023 median gross rent of $1,353. Vacancy is 11.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 99508?

ACS counts 1,796 units in 2-unit buildings, 2,053 in 3–4 unit buildings, 1,578 in 5–9, 802 in 10–19, and 1,219 in 20–49. Combined 2–49 unit stock is 7,448 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 99508?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,510. See the full schedule and 90–110% payment-standard band on the ZIP 99508 — Anchorage, AK HUD Section 8 Payment Standards / SAFMR.

Does this Alaska ZIP profile include Georgia listings?

No. ZIP 99508 is Census / HUD research for Anchorage, AK HUD Metro FMR Area. Jeff Crowe CRE does not list Alaska property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.