Kodiak Island Borough, AK · FY2026 area median income $113,100 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $423 | $635 | $847 | $1,058 | $1,270 | $1,482 | $1,694 |
| 1BR | $453 | $680 | $907 | $1,134 | $1,361 | $1,588 | $1,815 |
| 2BR | $544 | $816 | $1,089 | $1,361 | $1,633 | $1,905 | $2,178 |
| 3BR | $628 | $943 | $1,257 | $1,571 | $1,886 | $2,200 | $2,515 |
| 4BR | $701 | $1,052 | $1,403 | $1,753 | $2,104 | $2,455 | $2,806 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $25,410 | $42,350 | $50,820 | $67,760 |
| 2 persons | $29,040 | $48,400 | $58,080 | $77,440 |
| 3 persons | $32,670 | $54,450 | $65,340 | $87,120 |
| 4 persons | $36,270 | $60,450 | $72,540 | $96,720 |
| 5 persons | $39,180 | $65,300 | $78,360 | $104,480 |
| 6 persons | $42,090 | $70,150 | $84,180 | $112,240 |
| 7 persons | $45,000 | $75,000 | $90,000 | $120,000 |
| 8 persons | $47,880 | $79,800 | $95,760 | $127,680 |
Rents are capped at 30% of the income limit for an imputed household of 1.5 persons per bedroom, so a two-bedroom unit uses the three-person limit. Under the average income test, units can be designated from 20% to 80% AMI as long as the weighted average stays at or below 60%.
Run a deal in Kodiak Island Borough to see the sources and uses, bond test, DSCR, and funding gap using these rents.