Special Interest
Housing in Kodiak Island Borough
Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.
Rent in Kodiak Island Borough averages $1,765/month for a 2‑bedroom in 2024, compared to the Alaska median of $1,419 and the national median of $1,413. Local renters spend approximately 25% of household income on rent, below the national average of 32%.
HUD 2026 50th Percentile Rent Estimates for Kodiak Island Borough FMR Area are $1,562 for a studio, $1,726 for 1‑bedroom, $2,265 for 2‑bedroom, $2,716 for 3‑bedroom, and $2,999 for 4‑bedroom.
HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $500 increase for a 2-bedroom in Kodiak Island Borough shows a 28% rise over that period.
The U.S. Bureau of Labor Statistics annual unemployment rate for Kodiak Island Borough was 4.8% in 2024, compared to Alaska at 4.6% and the national rate of 4.0%.
