Real Estate Investing in Kodiak Island, Alaska

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

5 ZIP codes • Population: 574

Should you buy in Kodiak Island County, AK? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (36/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
POOR
0.0 / 5 (0/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
3 flags
  • High vacancy: 53.4% of homes vacant — above national norms.
  • Flat appreciation: Values have barely moved over 5 years (0.0% CAGR).
  • Higher unemployment: 12.0% unemployment — tenant risk signal.

What’s happening in Kodiak Island County, AK?

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0.0/ 5

Investability

County-wide average

0.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Landlord Climate

Regulatory friendliness

Investing in Kodiak Island County Real Estate

This is a distressed-leaning county in Alaska: Kodiak Island has 5 cities, 5 ZIPs, and investment math that only works for investors with genuine local understanding.

A rating and a 0.0% 5-year CAGR are the kinds of numbers that warrant real local underwriting. Kodiak Island County sits firmly in that category.

A 574 population and $N/AK household income profile is what makes Kodiak Island a challenging rental region — the base is present, but the affordability math is tight.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Kodiak Island County, AK. Anonymous, moderated, never written by AI.

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Landlord Friendly (AK)
★★★★☆

Cities in Kodiak Island County

Old Harbor (1 ZIPs) Port Lions (1 ZIPs) Larsen Bay (1 ZIPs) Ouzinkie (1 ZIPs) Karluk (1 ZIPs)

ZIP Codes in Kodiak Island County, AK

99643
Old Harbor
Population 186
Avg Home $0
99550
Port Lions
Population 151
Avg Home $0
99624
Larsen Bay
Population 108
Avg Home $0
99644
Ouzinkie
Population 103
Avg Home $0
99608
Karluk
Population 26
Avg Home $0

Screen every market in Kodiak Island County

Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

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Frequently Asked Questions About Kodiak Island County

Should investors worry about vacancy in, AK?

, AK carries elevated vacancy risk. Expect measured absorption at market rents

How strong is the working-renter base in, AK?

, AK offers a even-keeled renter base at the rent level. Tenant turnover is reasonable for well-managed properties.

Does, AK outperform the AK average?

Compared with AK overall, is broadly in line with on price and yield. homes against rents drive the comparison.

What do landlords charge for rent in, AK?

The typical rental in, AK commands about monthly. That rent profile steady cash flow against the purchase basis.

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