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Old Harbor, AK

CitySAFMR
Kodiak Island Borough County
Found 1 ZIP

City Median Investment Score

214High yield potential

095130300
BRFMR
Eff. Rent
0 BR$1,290$1,290
1 BR$1,430$1,430
2 BR$1,870$1,870
3 BR$2,240$2,240
4 BR$2,480$2,480
5 BR$2,852Not available
6 BR$3,280Not available
7 BR$3,772Not available
8 BR$4,338Not available

Purchase Price Calculator

Maximum purchase price
$215,965

Cost breakdown

+Likely effective rent$1,870
HUD FMRUsed$1,870
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,092
Loan amount$172,772
Down payment$43,193
Rate6.50%
Term30 years
-Operating costs-$578
Property taxes-$216
Insurance-$175
Utilities$0
HOA$0
Management-$187
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$29,996(69.4% ROI)
Projected value
$232,570
Return breakdown
Property appreciation+$16,606
Loan principal paid down+$6,190
Rental cash flow+$7,200
5-year hold
+$51,418(119.0% ROI)
Projected value
$244,344
Return breakdown
Property appreciation+$28,380
Loan principal paid down+$11,038
Rental cash flow+$12,000
10-year hold
+$110,791(256.5% ROI)
Projected value
$276,453
Return breakdown
Property appreciation+$60,488
Loan principal paid down+$26,303
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
--
Tax rate
--
Mortgage rate
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Old Harbor, AK fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Old Harbor, AK is $1,870 a month. That is up 11.3% from $1,680 in FY 2026. Old Harbor is in the Kodiak Island Borough, AK non-metropolitan FMR area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the county-wide two-bedroom FMR of $2,239. The median county two-bedroom FMR in Alaska is $1,513, so Old Harbor is 24% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Old Harbor, AK
BedroomsFY 2027Change90–110% range
Studio$1,290+11.2%$1,161–$1,419
1BR$1,430+11.7%$1,287–$1,573
2BR$1,870+11.3%$1,683–$2,057
3BR$2,240+8.2%$2,016–$2,464
4BR$2,480+11.2%$2,232–$2,728

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Old Harbor, AK
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,290$1,430$1,870$2,240$2,480
FY 2026$1,160$1,280$1,680$2,070$2,230
FY 2025$1,110$1,250$1,640$2,000$2,360
FY 2024area FMR$1,228$1,379$1,812$2,220$2,622
FY 2023area FMR$1,094$1,243$1,636$2,023$2,431

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Questions about Old Harbor, AK rents

How much will Section 8 pay for a two-bedroom in Old Harbor, AK?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $2,239, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,015 to $2,463 a month; under the ZIP-level Small Area FMR of $1,870 it would be $1,683 to $2,057. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is Old Harbor, AK in?

Old Harbor, AK is in the Kodiak Island Borough, AK non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $2,239.

How much did fair market rent change in Old Harbor, AK for FY 2027?

The two-bedroom FMR rose 11.3%, from $1,680 in FY 2026 to $1,870 in FY 2027. Since FY 2025 it has risen 14.0%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set