Kenai Peninsula Borough, AK

2024 Fair Market Rents

Tags: 2024 40th percentile Alaska

Return to the state page to see where Alaska ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Kenai Peninsula Borough are Soldotna, Kenai, Homer, and Seward. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Kenai Peninsula Borough use?

No Small Area Fair Market Rents were created by the HUD for this county/Metro FMR Area therefore Kenai Peninsula Borough uses 40th percentile Fair Market Rents.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Kenai Peninsula Borough compare?

Kenai Peninsula Borough ($1,301) has a 8.5% lower FMR for 2-Bedroom housing than the average of Alaska ($1,422) and therefore has a lower gross rent.

Kenai Peninsula Borough is rank 20th out of 30 counties. This means the FMRs, or in other words, the gross rent is lower than 19 other counties. Kenai Peninsula Borough is the 11th cheapest county in terms of FMRs.

Rent Tables Kenai Peninsula Borough, AK

Fair Market Rent (40th Percentile)

$984
studio
$990
1-Bedroom
$1,301
2-Bedroom
$1,833
3-Bedroom
$2,090
4-Bedroom

Median Rent (50th Percentile)

$1,046
studio
$1,053
1-Bedroom
$1,384
2-Bedroom
$1,950
3-Bedroom
$2,224
4-Bedroom

Fair Market Rents on this page apply to the following cities in Kenai Peninsula Borough, Alaska: Soldotna, Kenai, Homer, Seward, Sterling, Kasilof, Anchor Point, Nikiski, Ninilchik, Seldovia, Clam Gulch, Cooper Landing, Hope, Moose Pass, and Tyonek.

These Fair Market Rents also apply to the following ZIP codes in Kenai Peninsula Borough, Alaska: 99669, 99611, 99603, 99664, 99672, 99610, 99556, 99635, 99639, 99663, 99568, 99572, 99605, 99631, and 99682.

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Fair Market Rents are published by the Department of Housing And Urban Development.