Average Rent in Hoonah, AK↑ Rents rising 8.6% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 2,313
Market Overview
Hoonah, AK has rental prices ranging from $989/month to $1,913/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,100/month — 21% below the national average of $1,400/month. With a median household income of $62,500/year, spending $1,100/month on a 1-bedroom represents 21% of gross income — within the recommended 30% threshold.
How Hoonah Compares
With an average 2-bedroom rent of $1,443/month, Hoonah ranks #15 most expensive of the 34 cities tracked in Alaska — pricier than 91% of all US cities in our data.
The Hoonah Rental Market
The Hoonah, AK area has a population of about 2,313 and 28% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.
Rent Trends
2-bedroom rents in Hoonah, AK have risen by $114/month (8.6%) over the past year, from $1,329 to $1,443. This rate of increase is significant and reflects strong rental demand and limited housing supply in the local market.
Affordability
To afford a 1-bedroom apartment in Hoonah, AK without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $44,000. The local median household income of $62,500 exceeds that threshold by $18,500, making Hoonah relatively accessible compared to local wages.
Fair Market Rents
HUD FY2025Is Hoonah, AK Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in AKlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Anchorage | $1,089 | $1,191 | $1,563 | $2,190 | — |
| Matanuska | $1,019 | $1,055 | $1,384 | $1,939 | — |
| Fairbanks | $1,144 | $1,272 | $1,669 | $2,339 | — |
| Kenai Peninsula Borough | $943 | $949 | $1,245 | $1,745 | — |
| Juneau City and Borough | $1,202 | $1,336 | $1,753 | $2,456 | — |
| Bethel Census | $1,640 | $1,650 | $1,900 | $2,289 | — |
Rent or Buy in Hoonah?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Hoonah data
Buying breaks even after 1 year — worth it if you stay 1+ years.
Living in Hoonah
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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💵Rent Affordability in HoonahSalary needed to afford rent here
🗺️All Cities in AKSee how Hoonah ranks statewide
⚖️Compare HoonahSide-by-side rent & cost of living with any city
📋AK Tenant RightsDeposit limits, eviction laws & renters protections