Rent Low Income Apartments in Adak, Alaska | Affordable Housing Online

Adak, Alaska Affordable Housing Data

Income Based Apartments in Adak, Alaska

Adak features 0 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Adak, Alaska

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Adak.

Housing Choice Vouchers in Adak, Alaska

On average, Section 8 Housing Choice vouchers pay Adak landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Adak.

The maximum amount a voucher would pay on behalf of a low-income tenant in Adak, Alaska for a two-bedroom apartment is between $1,617 and $1,977.

2023 Adak, Alaska Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.StudioOne BRTwo BRThree BRFour BRAdak, Alaska Fair Market Rent$1,202$1,365$1,797$2,187$2,414Adak, Alaska Payment Standard Range$1,082 to $1,322$1,229 to $1,502$1,617 to $1,977$1,968 to $2,406$2,173 to $2,655

Sourced from federal housing data and AffordableHousingOnline.com research.

Adak, AK Affordable Housing Snapshot

Total Affordable Apartment Properties0Total Low Income Apartments0Total Housing Units with Rental Assistance0Percentage of Housing Units Occupied By Renters41.67%Average Renter Household Size3.27Average Household Size3.39Median Household Income$78,500
±$8,968Median Rent$1,075
±$172Percentage Of Renters Overburdened20%
± 106.76ppTotal Population122

Population and Household Demographics

Adak is a city in Aleutians West Census Area, Alaska with a population of 122. There are 36 households in the city with an average household size of 3.39 persons. 41.67% of households in Adak are renters.

Income and Rent Overburden in Adak

The median gross income for households in Adak is $78,500 a year, or $6,542 a month. The median rent for the city
is $1,075 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Adak, a household making less than $3,583 a month would be considered overburdened when renting an apartment at or above the median rent.
20% of households who rent are overburdened in Adak.

Area Median Income In Adak

Affordable housing program eligibility is always determined by one’s income. Each household’s income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Adak, the AMI is calculated from all households within Aleutians West Census Area.

In Adak, HUD calculates the Area Median Income for a family of four as $106,200

Most affordable housing programs determine eligibility based on the percent of AMI a given household’s income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Adak

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Adak

1 Person2 Person3 Person4 Person5 Person6 Person7 Person8 Person30% AMI Income Limits
Renters earning up to 30% of the Adak AMI may qualify for rental assistance programs that target Extremely Low Income households.$22,300$25,500$28,790$34,690$40,590$46,490$52,390$58,29050% AMI Income Limits
Renters earning up to 50% of the Adak AMI may qualify for rental assistance programs that target Very Low Income households.$37,200$42,500$47,800$53,100$57,350$61,600$65,850$70,10080% AMI Income Limits
Renters earning up to 80% of the Adak AMI may qualify for rental assistance programs that target Low Income households.$59,500$68,000$76,500$84,950$91,750$98,550$105,350$112,150