; Low Income Apartments For Rent in Nome, AK
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Munaqsri Senior Apartments

515 Steadman Street
Nome, Alaska
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA
LIHTC
USDA S. 538
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1 BR
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There are 0 low-income apartments in Nome that offer reduced rents to eligible households.

Rental assistance programs support 17 low-income homes in Nome where households pay rent based on how much they earn.

Affordable rent data for some communities last confirmed on October 26th, 2023. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Nome, Alaska

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Housing Authority Programs
Alaska Housing Finance Corporation - Public Housing Public Housing; Moving to Work
Go to the Alaska Public Housing and Low-Income Apartments Waiting Lists page for openings near Nome.

Nome, Alaska Affordable Housing Data

Income Based Apartments in Nome, Alaska

Nome features 17 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Nome, Alaska

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Nome.

Housing Choice Vouchers in Nome, Alaska

On average, Section 8 Housing Choice vouchers pay Nome landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Nome.

The maximum amount a voucher would pay on behalf of a low-income tenant in Nome, Alaska for a two-bedroom apartment is between $1,347 and $1,647.

2024 Nome, Alaska Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Nome, Alaska Fair Market Rent $1,250 $1,258 $1,497 $2,110 $2,289
Nome, Alaska Payment Standard Range $1,125 to $1,375 $1,132 to $1,384 $1,347 to $1,647 $1,899 to $2,321 $2,060 to $2,518

Sourced from federal housing data and AffordableHousingOnline.com research.

Nome, AK Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 17
Total Housing Units with Rental Assistance 17
Percentage of Housing Units Occupied By Renters 54.17%
Average Renter Household Size 2.56
Average Household Size 2.75
Median Household Income $76,389 ±$5,844
Median Rent $1,445 ±$77
Percentage Of Renters Overburdened 38.03% ± 7.02pp
Total Population 3,773

Population and Household Demographics

Nome is a city in Nome Census Area, Alaska with a population of 3,773. There are 1,296 households in the city with an average household size of 2.75 persons. 54.17% of households in Nome are renters.

Income and Rent Overburden in Nome

The median gross income for households in Nome is $76,389 a year, or $6,366 a month. The median rent for the city is $1,445 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Nome, a household making less than $4,817 a month would be considered overburdened when renting an apartment at or above the median rent. 38.03% of households who rent are overburdened in Nome.

Area Median Income In Nome

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Nome, the AMI is calculated from all households within Nome Census Area.

In Nome, HUD calculates the Area Median Income for a family of four as $70,700

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Nome

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Nome

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Nome AMI may qualify for rental assistance programs that target Extremely Low Income households.		 $19,750 $24,640 $31,070 $37,500 $43,930 $50,360 $56,790 $62,050
50% AMI Income Limits
Renters earning up to 50% of the Nome AMI may qualify for rental assistance programs that target Very Low Income households.		 $32,900 $37,600 $42,300 $47,000 $50,800 $54,550 $58,300 $62,050
80% AMI Income Limits
Renters earning up to 80% of the Nome AMI may qualify for rental assistance programs that target Low Income households.		 $52,650 $60,200 $67,700 $75,200 $81,250 $87,250 $93,250 $99,300