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Rent by ZIP · Kenai Peninsula Borough

Rent in Homer, AK 99603

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,480 (+5% vs FY2026). Renters in this ZIP code pay a median $1,219 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,120$1,070+4.7%$1,008–1,232$935 ±$90
1 bedroom$1,130$1,070+5.6%$1,017–1,243$1,054 ±$62
2 bedrooms$1,480$1,410+5%$1,332–1,628$1,313 ±$85
3 bedrooms$2,050$1,960+4.6%$1,845–2,255$1,569 ±$167
4 bedrooms$2,470$2,370+4.2%$2,223–2,717$1,583 ±$266

Small Area FMRs for the Kenai Peninsula Borough, AK. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Kenai Peninsula Borough, AK, 2 bedrooms: $1,390.

What renters pay in 99603

Median gross rent$1,219±$56 · all sizes
Renter households1,17324% of occupied homes
No cash rent119households

How rents are spread

Under $1,00030%
$1,000–1,49942%
$1,500–1,99921%
$2,000–2,4995%
$2,500–2,9992%
$3,000–3,4990%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
99602Holy Cross$1,200–
99604Hooper Bay$1,030–
99605Hope$1,670–
99606Iliamna$1,240–
99607Kalskag$1,970–
99609Kasigluk$1,750$719

Fair Market Rents across Kenai Peninsula Borough, AK · All AK counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.