Alaska

Kenai Peninsula Borough

59,843 residents198 permits TTM$77,722 median HHI13 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$297,500

ACS 5-Year

Cap rate proxy

4.7%

FMR × 0.65 ÷ Home Value

Rent-to-income

18.0%

HUD FMR ÷ ACS HHI

Net migration

+0.80%

IRS SOI

Permits (TTM)

198

Census BPS

Climate risk

93.0

FEMA NRI (0–100)

ZIP code breakdown13 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
996390.6
995560.4
996100.3
996690.3
996110.2
996720.2
996640.1
996030.1
99568
99572
99605
99631
99663

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Demographics

Owner-occupied

76.8%

Census ACS

Vacancy rate

26.9%

Census ACS

Bachelor's degree +

29.4%

Census ACS

Rent burdened

41.8%

Census ACS (>30% income)

Median age

41.5

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026