The PHA sets a payment standard ranging from 90% to 110% of the Fair Market Rents (FMRs).

Prince of Wales-Hyder Census Area, AK, AK

In the year 2024, as a landlord, if you're looking to rent your property to a Section 8 tenant or another housing voucher program in Prince of Wales-Hyder Census Area, AK, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $756 to a high of $924, with an average of $840.
One-bedroom: One-bedroom rental prices vary, with a minimum of $834, a maximum of $1,020, and an average of $927.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $937, peaking at a maximum of $1,145, and averaging at $1,041.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $1,272, a maximum of $1,554, and an average of $1,413.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $1,278 to a maximum of $1,562, with an average of $1,420.

The fair market rent mentioned already includes all utilities. If a landlord chooses not to provide utility coverage, they can subtract the utility costs from the rent to determine the adjusted rental price.

Each housing authority establishes its own rental rates, so you should check the pricing set by that specific housing authority to determine the maximum amount they can offer. It's advisable to adhere to their pricing guidelines.

To apply for Section 8 housing, you can check your income against the Prince of Wales-Hyder Census Area, AK Housing Choice voucher income limit to determine your eligibility.

HUD's Fair Market Rent guides Section 8 rates for your rental unit.

Year Area HUD Fair Market Rent Bedrooms
Studio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom
2024 Prince of Wales-Hyder Census Area, AK, AK Low Rent (90%) $756 $834 $937 $1,272 $1,278
Average Rent $840 $927 $1,041 $1,413 $1,420
High Rent(110%) $924 $1,020 $1,145 $1,554 $1,562
2023 Prince of Wales-Hyder Census Area, AK, AK Low Rent (90%) $688 $779 $918 $1,198 $1,233
Average Rent $764 $866 $1,020 $1,331 $1,370
High Rent (110%) $840 $953 $1,122 $1,464 $1,507
2022 Prince of Wales-Hyder Census Area, AK, AK Low Rent (90%) $670 $716 $914 $1,130 $1,240
Average Rent $744 $796 $1,016 $1,256 $1,378
High Rent(110%) $818 $876 $1,118 $1,382 $1,516
2021 Prince of Wales-Hyder Census Area, AK, AK Low Rent (90%) $662 $694 $914 $1,138 $1,240
Average Rent $735 $771 $1,016 $1,264 $1,378
High Rent (110%) $809 $848 $1,118 $1,390 $1,516
2020 Prince of Wales-Hyder Census Area, AK, AK Low Rent (90%) $729 $762 $1,004 $1,250 $1,359
Average Rent $810 $847 $1,115 $1,389 $1,510
High Rent(110%) $891 $932 $1,227 $1,528 $1,661
2019 Prince of Wales-Hyder Census Area, AK, AK Low Rent (90%) $724 $729 $964 $1,208 $1,303
Average Rent $804 $810 $1,071 $1,342 $1,448
High Rent (110%) $884 $891 $1,178 $1,476 $1,593
2018 Prince of Wales-Hyder Census Area, AK, AK Low Rent (90%) $711 $716 $929 $1,165 $1,265
Average Rent $790 $795 $1,032 $1,294 $1,406
High Rent(110%) $869 $875 $1,135 $1,423 $1,547
2017 Prince of Wales-Hyder Census Area, AK, AK Low Rent (90%) $740 $745 $956 $1,196 $1,318
Average Rent $822 $828 $1,062 $1,329 $1,464
High Rent (110%) $904 $911 $1,168 $1,462 $1,610


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