FY2027 Small Area FMR · Karluk, AK
ZIP 99608 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 99608 (Karluk, AK) is $2,270 a month, up 8.6% from FY2026. That is 1% above the Kodiak Island Borough, AK area-wide FMR of $2,239.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 99608 sits in the Kodiak Island Borough, AK area
Of the 6 ZIP codes HUD lists for the area, 99608 has the 1st highest two-bedroom Small Area FMR. Kodiak Island Borough, AK is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $2,239 for two bedrooms; an agency that opts in to Small Area FMRs would use $2,270 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,580 | $1,422 – $1,738 | $1,559 | $1,440 |
| 1 bedroom | $1,740 | $1,566 – $1,914 | $1,712 | $1,590 |
| 2 bedrooms | $2,270 | $2,043 – $2,497 | $2,239 | $2,090 |
| 3 bedrooms | $2,750 | $2,475 – $3,025 | $2,716 | $2,510 |
| 4 bedrooms | $2,980 | $2,682 – $3,278 | $2,943 | $2,770 |
A household renting a two-bedroom home at the Small Area FMR of $2,270 needs about $90,800 a year to keep housing costs at 30% of income. The area median family income is $113,100 and the 80% low-income limit for four people is $96,700. ZIP code 99608 lies mainly in Kodiak Island Borough. See the Kodiak Island Borough, AK county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 99608?
HUD's FY2027 Small Area Fair Market Rents for 99608 are $1,580 (studio), $1,740 (1 BR), $2,270 (2 BR), $2,750 (3 BR) and $2,980 (4 BR) a month.
What is the Section 8 payment standard in 99608?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 99608 that range is $2,043 to $2,497 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 99608?
The FY2026 income limits of the Kodiak Island Borough, AK area apply: median family income $113,100, low-income (80%) limit $96,700 for a family of four.