Rental numbers for Kenai Peninsula Borough, AK
The typical home here runs -$820 a month at 7.78% with 25% down, breaking even at about 2.7%. 0 of 2 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.1%.
- Gross yield
- 6.5%
- typical home, Zillow
- Median ZIP yield
- 6.1%
- 2 ZIPs with full data
- Cash flow
- -$820/mo
- at 7.78%, 25% down
- Typical price
- $351,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,913/mo
- Zillow ZORI, Aug 2026
ZIP codes in Kenai Peninsula Borough
13 with published figures
| 99605Hope | $257,000 | $1,530* | 7.1% | 4.0% | -$519 | n/a |
| 99669Soldotna | $373,000 | $2,026 | 6.5% | 3.7% | -$856 | n/a |
| 99568Clam Gulch | $272,000 | $1,440* | 6.3% | 3.5% | -$669 | n/a |
| 99639Ninilchik | $214,000 | $1,130* | 6.3% | 3.2% | -$577 | n/a |
| 99610Kasilof | $298,000 | $1,560* | 6.3% | 3.3% | -$779 | n/a |
| 99556Anchor Point | $265,000 | $1,280* | 5.8% | 3.0% | -$773 | n/a |
| 99611Kenai | $331,000 | $1,562 | 5.7% | 2.9% | -$988 | n/a |
| 99631Moose Pass | $288,000 | $1,310* | 5.5% | 2.6% | -$919 | n/a |
| 99663Seldovia | $276,000 | $1,130* | 4.9% | 2.1% | -$1,000 | n/a |
| 99664Seward | $401,000 | $1,560* | 4.7% | 1.8% | -$1,550 | n/a |
| 99603Homer | $414,000 | $1,410* | 4.1% | 1.6% | -$1,696 | n/a |
| 99672Sterling | $364,000 | $1,130* | 3.7% | 1.2% | -$1,594 | n/a |
| 99572Cooper Landing | $496,000 | $1,490* | 3.6% | 1.1% | -$2,219 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +7.4%
- Rent, 12 months
- +4.1%
- Rent minus price growth
- -3.3 pts
- Property tax
- 0.63%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $300,580 | n/a |
| Aug 2022 | $329,194 | n/a |
| Aug 2023 | $315,214 | n/a |
| Aug 2024 | $318,749 | n/a |
| Aug 2025 | $326,818 | $1,837 |
| Aug 2026 | $351,179 | $1,913 |
HUD Fair Market Rent
FY2027, Kenai Peninsula Borough, AK
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,056 | $1,063 | $1,390 | $1,925 | $2,323 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 7.5
- 184 units, last 12 months
- National percentile
- 62th
- among US counties
Tools
Test a listing in Kenai Peninsula Borough against today's rate.
Open the calculatorQuestions
- Is Kenai Peninsula Borough good for rental property?
- The typical home here runs -$820 a month at 7.78% with 25% down, breaking even at about 2.7%. 0 of 2 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.1%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Kenai Peninsula Borough?
- About 0.63% of value, from Census ACS median taxes paid over median home value. On a $351,000 home that is about $2,226 a year.
- What is Fair Market Rent in Kenai Peninsula Borough?
- HUD's FY2027 Fair Market Rent here is $1,063 for a 1-bedroom, $1,390 for a 2-bedroom and $1,925 for a 3-bedroom. Typical cash flow at today's rate is -$820 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.