Affordable & Income-Based Housing in Palmer

Affordability in Palmer, AK

According to Census ACS 5-Year data (as of 2024), the median gross rent in Palmer is $1,125 per month and the median household income is $72,201 per year. About 37% of Palmer residents rent their homes, and the 2 HUD-assisted properties in the city offer an alternative for renters who qualify for income-based or subsidized housing.

Safety

According to FBI Crime Data Explorer, the Palmer Police Department reported a violent crime rate of 153 per 100,000 residents in 2024. Crime rates are not directly comparable across cities due to differences in reporting practices and jurisdiction boundaries.

Getting Around Palmer

According to Walk Score, the area around assisted properties in Palmer has a Walk Score of 40 (Car-Dependent) and a Bike Score of 62. No Transit Score is available. A personal vehicle is likely needed for most errands.

Schools

According to NCES Common Core of Data, 14 public schools across 1 district serve Palmer, including 7 elementary, 1 middle, and 6 high schools. Quality and programs vary by school, so renters should check the assigned schools for their specific address.

Cost of Living in Palmer

The median household income in Palmer is $72,201 per year, according to Census ACS 5-Year estimates. The median rent across all rentals in the city is $1,125 per month, per the same source.

Income-based housing in Palmer is limited, with just 25 assisted units across 2 properties. Rents at these properties are tied to your income, which can make them significantly more affordable than market-rate options for qualifying renters.

Flood and Environmental Exposure

Both HUD-assisted properties in Palmer have been mapped for flood zone data, and neither falls in a high-risk flood zone according to that mapping.