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Affordable apartments in Palmer, Alaska

7 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

7 lihtc

Buildings

CREEKWOOD APTS

LIHTC
1910 N CREEKWOOD PARK CIR, PALMER, AK, 99645
Income-restricted units
48 of 48
Year placed in service
2006
Bedroom mix
12 1BR · 24 2BR · 12 3BR

Estimated total housing cost: $1,101 rent + $151 utilities = $1,252/mo

Contact property management for current availability. Waitlists may apply.

EAGLE RIDGE OF PALMER

LIHTC
1775 N THUMA ST, PALMER, AK, 99645
Income-restricted units
32 of 33
Year placed in service
2007
Bedroom mix
16 2BR · 17 3BR

Estimated total housing cost: $1,101 rent + $151 utilities = $1,252/mo

Contact property management for current availability. Waitlists may apply.

CHUGACH COLONY ESTATES

LIHTC
1102 S CHUGACH ST, PALMER, AK, 99645
Income-restricted units
28 of 31
Year placed in service
2008
Bedroom mix
25 1BR · 6 2BR

Estimated total housing cost: $1,101 rent + $151 utilities = $1,252/mo

Contact property management for current availability. Waitlists may apply.

COLONY ESTATES

LIHTC
831 S CHUGACH ST, PALMER, AK, 99645
Income-restricted units
20 of 24
Year placed in service
1998
Bedroom mix
22 1BR · 2 2BR

Estimated total housing cost: $1,101 rent + $151 utilities = $1,252/mo

Contact property management for current availability. Waitlists may apply.

WILLOW POINTE APTS

LIHTC
925 SOUTH CHUGACH, PALMER, AK, 99645
Income-restricted units
0 of 24
Year placed in service
1994

Estimated total housing cost: $1,101 rent + $151 utilities = $1,252/mo

Contact property management for current availability. Waitlists may apply.

EAGLE RIDGE TOWNHOMES

LIHTC
1775 NORTH THUMA, PALMER, AK, 99645
Income-restricted units
0 of 33
Year placed in service
8888

Estimated total housing cost: $1,101 rent + $151 utilities = $1,252/mo

Contact property management for current availability. Waitlists may apply.

HUNTER CREEK APTS. OF PALMER, LP

LIHTC
855 WEST FERN AVENUE, PALMER, AK, 99645
Income-restricted units
0 of 32
Year placed in service
2002

Estimated total housing cost: $1,101 rent + $151 utilities = $1,252/mo

Contact property management for current availability. Waitlists may apply.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

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Energy costs in Alaska

Residential electricity in Alaska runs about 26.36¢/kWh, with a typical monthly residential electric bill near $151. Natural gas runs about $14.07/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for Palmer, AK

Metro-level
BedroomsLocal FMRNational median
Studio$936n/a
1 bedroom$1,046n/a
2 bedroom$1,101$1,502
3 bedroom$1,431n/a
4 bedroom$1,652n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: median_rent_proxy.

HUD income limits : Matanuska-Susitna Borough, AK

Anchorage, AK. FY2025. Area median income: $120,600.

Household size30% AMI50% AMI80% AMI
1 person$23,900$39,800$63,700
2 people$27,300$45,450$72,800
3 people$33,310$51,150$81,900
4 people$40,190$56,850$90,950
5 people$47,070$61,400$98,250
6 people$53,950$65,950$105,550
7 people$60,830$70,500$112,800
8 people$67,710$75,050$120,100

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby Alaska cities

See all affordable-rental cities in Alaska

About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Palmer cost-of-living and Fair Market Rent overview