Housing market/Alaska/ZIP 99611

ACS 2023 · FY2027 SAFMR

ZIP 99611 Kenai, Alaska

Kenai Peninsula Borough, AK · Alaska. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
16,028
Households
5,808
Median HH income
$69,816
Renter share
26.8%
Median gross rent
$1,108
Vacancy
18.5%
Pop. change
+2.4%
2BR SAFMR
$1,320
SAFMR / rent
1.191×
2–49 unit stock
1,244
LIHTC proj / units
6 / 168
HUD assisted MF
1 / 24

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 99611 · AK — sent to you.

ZIP 99611 · AK

ACS median rent$1,108
2BR SAFMR$1,320
90% floor$1,188
110% ceiling$1,452

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

Housing stock

ACS 2023 units-in-structure · ZCTA 99611

  • 1-unit detached5,23273.8%
  • 1-unit attached2543.6%
  • 2–4 units75410.6%
  • 5–49 units4906.9%
  • 50+ units701.0%
  • Mobile2874.0%
TypeUnitsShare
1-unit detached5,23273.4%
1-unit attached2543.6%
2 units (duplex)2393.4%
3–4 units5157.2%
5–9 units2303.2%
10–19 units450.6%
20–49 units2153.0%
50+ units701.0%
Mobile2874.0%

2–4 unit share 10.6% · 5–49 unit share 6.9% · combined 2–49 17.4%.

Units by bedrooms

Studio
410
1BR
716
2BR
1,511
3BR
3,200
4BR
1,099
5+
194

Rent burden

Rent ≥30% of income33.2%
Rent ≥50% of income11.8%
  • ACS median gross rent $1,108 (all bedrooms, occupied rentals).
  • Median contract rent $959.
  • Renters paying ≥30% of income 33.2%; ≥50% 11.8%.
  • FY2027 2BR SAFMR $1,320 (1.191× ACS median gross rent).

Population

16,028 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +2.4%.

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

Assisted inventory

  • LIHTC: 6 projects, 168 units.
  • HUD project-based assisted MF: 1 properties, 24 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 24 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 99611 26.8% of occupied households are renters; vacancy is 18.5%; ACS median gross rent is $1,108; population increased +2.4% between the 2018 and 2023 ACS vintages; the housing stock includes 754 units in 2–4-unit structures and 490 units in 5–49-unit structures; 6 LIHTC projects totaling 168 units; FY2027 2BR SAFMR is $1,320 versus ACS median gross rent of $1,108. 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 99611 is a Census / HUD profile for Kenai Peninsula Borough, 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 99611?

ZIP 99611 (Kenai Peninsula Borough, AK) has 16,028 residents, 5,808 households, a renter share of 26.8%, median household income of $69,816, and ACS 2023 median gross rent of $1,108. Vacancy is 18.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 99611?

ACS counts 239 units in 2-unit buildings, 515 in 3–4 unit buildings, 230 in 5–9, 45 in 10–19, and 215 in 20–49. Combined 2–49 unit stock is 1,244 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 99611?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,320. See the full schedule and 90–110% payment-standard band on the ZIP 99611 — Kenai, AK HUD Section 8 Payment Standards / SAFMR.

Does this Alaska ZIP profile include Georgia listings?

No. ZIP 99611 is Census / HUD research for Kenai Peninsula Borough, AK. 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.