Housing market/Alaska/ZIP 99639

ACS 2023 · FY2027 SAFMR

ZIP 99639 Ninilchik, 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
1,244
Households
569
Median HH income
$46,354
Renter share
14.1%
Median gross rent
$961
Vacancy
51.8%
Pop. change
+20.1%
2BR SAFMR
$1,240
SAFMR / rent
1.290×
2–49 unit stock
36
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 99639 · AK — sent to you.

ZIP 99639 · AK

ACS median rent$961
2BR SAFMR$1,240
90% floor$1,116
110% ceiling$1,364

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

Housing stock

ACS 2023 units-in-structure · ZCTA 99639

  • 1-unit detached1,09192.8%
  • 1-unit attached30.3%
  • 2–4 units131.1%
  • 5–49 units232.0%
  • Mobile463.9%
TypeUnitsShare
1-unit detached1,09192.4%
1-unit attached30.3%
2 units (duplex)40.3%
3–4 units90.8%
5–9 units110.9%
10–19 units121.0%
20–49 units00.0%
50+ units00.0%
Mobile463.9%

2–4 unit share 1.1% · 5–49 unit share 1.9% · combined 2–49 3.0%.

Units by bedrooms

Studio
133
1BR
325
2BR
366
3BR
244
4BR
86
5+
27

Rent burden

Rent ≥30% of income55.0%
Rent ≥50% of income27.5%
  • ACS median gross rent $961 (all bedrooms, occupied rentals).
  • Median contract rent $744.
  • Renters paying ≥30% of income 55.0%; ≥50% 27.5%.
  • FY2027 2BR SAFMR $1,240 (1.290× ACS median gross rent).

Population

1,244 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +20.1%.

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

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • 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 99639 14.1% of occupied households are renters; vacancy is 51.8%; ACS median gross rent is $961; population increased +20.1% between the 2018 and 2023 ACS vintages; the housing stock includes 13 units in 2–4-unit structures and 23 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,240 versus ACS median gross rent of $961. 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 99639 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 99639?

ZIP 99639 (Kenai Peninsula Borough, AK) has 1,244 residents, 569 households, a renter share of 14.1%, median household income of $46,354, and ACS 2023 median gross rent of $961. Vacancy is 51.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 99639?

ACS counts 4 units in 2-unit buildings, 9 in 3–4 unit buildings, 11 in 5–9, 12 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 36 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 99639?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,240. See the full schedule and 90–110% payment-standard band on the ZIP 99639 — Ninilchik, AK HUD Section 8 Payment Standards / SAFMR.

Does this Alaska ZIP profile include Georgia listings?

No. ZIP 99639 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.