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Fair Market Rent · Alaska

Fair Market Rent in Kodiak Island Borough, AK

FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.

$1,559studio
$1,7121 bedroom
$2,2392 bedrooms
$2,7163 bedrooms
$2,9434 bedrooms

HUD's FY2027 Fair Market Rent for a 2-bedroom home in Kodiak Island Borough is $2,239 a month, +7.9% from FY2026. Kodiak Island Borough is part of the Kodiak Island Borough, AK (a non-metro county area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.

Area-wide Fair Market Rents

SizeFY2027FY2026ChangeTypical voucher range (90–110%)
Studio$1,559$1,431+8.9%$1,403–1,715
1 bedroom$1,712$1,581+8.3%$1,541–1,883
2 bedrooms$2,239$2,075+7.9%$2,015–2,463
3 bedrooms$2,716$2,488+9.2%$2,444–2,988
4 bedrooms$2,943$2,747+7.1%$2,649–3,237

The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.

Rents by ZIP code in Kodiak Island Borough

Open a ZIP code for every size, the spread of rents and nearby ZIP codes.

ZIPPlace2-bedroom FMR (ZIP)Census median, 2 bedroomsCensus median, all sizes
99550Port Lions$2,270––
99608Karluk$2,270––
99615Kodiak$2,270$2,109$1,798
99624Larsen Bay$2,270––
99643Old Harbor$1,870––
99644Ouzinkie$2,240––

Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.