Fair market rents · FY 2027 · effective October 1, 2026
Alaska fair market rents, FY 2027
The 2-bedroom Fair Market Rent in the median Alaska borough or census area is $1,513 a month for FY 2027, from $1,030 to $2,394 across the state. The typical borough or census area moved +3.2% from FY 2026 and +25.1% over five years; weighted by population, the state average moved −3.1%. The most populous HUD area, Anchorage, AK, is at $1,529 for a 2-bedroom.
FMRs are HUD's estimate of the 40th percentile gross rent (rent plus utilities) paid by recent movers into standard-quality units. Housing agencies set voucher payment standards from them. Source: HUD FY 2027 FMR file, 91 FR 56156 (published September 1, 2026). This site is not HUD.
| FY | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2BR | $1,237 | $1,267 | $1,269 | $1,279 | $1,212 | $1,239 | $1,347 | $1,466 | $1,525 | $1,567 | $1,519 |
Every HUD rent area in Alaska, FY 2027
30 HUD FMR areas cover 30 boroughs and census areas; 3 are metro areas. Monthly gross rent by bedroom count. The trend line is the 2-bedroom FMR from FY 2017 to FY 2027.
Biggest one-year move up: Yakutat City and Borough, AK, +13.6%. Biggest move down: Fairbanks-College, AK, −7.3%. HUD caps a one-year drop at 10%.
| HUD area | Studio | 1BR | 2BR | 3BR | 4BR | 1 yr | 5 yr | FY17 to FY27 |
|---|---|---|---|---|---|---|---|---|
| Aleutians East Borough | 1,015 | 1,286 | 1,400 | 1,668 | 2,301 | +1.1% | +20.2% | |
| Aleutians West Census Area | 1,735 | 1,830 | 2,394 | 2,852 | 3,146 | +9.3% | +45.0% | |
| Anchorage | 1,095 | 1,169 | 1,529 | 2,117 | 2,556 | −6.3% | +22.5% | |
| Bethel Census Area | 1,738 | 1,811 | 1,971 | 2,348 | 2,590 | +1.7% | +16.1% | |
| Bristol Bay Borough | 920 | 1,166 | 1,269 | 1,757 | 2,086 | +2.1% | +28.8% | |
| Chugach Census Area | 1,097 | 1,447 | 1,575 | 2,181 | 2,589 | +4.6% | n/a | |
| Copper River Census Area | 838 | 966 | 1,157 | 1,602 | 1,934 | +2.4% | n/a | |
| Denali Borough | 884 | 976 | 1,220 | 1,689 | 2,005 | +2.8% | −16.5% | |
| Dillingham Census Area | 1,142 | 1,190 | 1,295 | 1,793 | 2,128 | +3.8% | +4.9% | |
| Fairbanks-College | 1,081 | 1,187 | 1,553 | 2,150 | 2,596 | −7.3% | +17.7% | |
| Haines Borough | 1,046 | 1,052 | 1,315 | 1,821 | 2,161 | −0.5% | +24.9% | |
| Hoonah-Angoon Census Area | 1,090 | 1,197 | 1,566 | 1,866 | 2,574 | +7.3% | +38.6% | |
| Juneau City and Borough | 1,258 | 1,381 | 1,807 | 2,379 | 2,889 | +2.8% | +25.3% | |
| Kenai Peninsula Borough | 1,056 | 1,063 | 1,390 | 1,925 | 2,323 | +5.9% | +29.7% | |
| Ketchikan Gateway Borough | 1,207 | 1,325 | 1,733 | 2,400 | 2,897 | +6.6% | +29.9% | |
| Kodiak Island Borough | 1,559 | 1,712 | 2,239 | 2,716 | 2,943 | +7.9% | +42.8% | |
| Kusilvak Census Area | 746 | 824 | 1,030 | 1,416 | 1,693 | +5.9% | +18.7% | |
| Lake and Peninsula Borough | 761 | 909 | 1,050 | 1,444 | 1,755 | +1.9% | +27.3% | |
| Matanuska-Susitna Borough | 929 | 988 | 1,293 | 1,790 | 2,161 | −6.0% | +24.9% | |
| Nome Census Area | 1,266 | 1,385 | 1,638 | 2,268 | 2,692 | +6.8% | +9.1% | |
| North Slope Borough | 1,108 | 1,373 | 1,521 | 2,090 | 2,542 | −6.4% | −5.6% | |
| Northwest Arctic Borough | 1,396 | 1,651 | 2,005 | 2,389 | 2,635 | +3.9% | +31.2% | |
| Petersburg Borough | 1,090 | 1,226 | 1,504 | 1,919 | 2,181 | +2.8% | +25.9% | |
| Prince of Wales-Hyder Census Area | 920 | 1,075 | 1,269 | 1,633 | 2,086 | +10.1% | +24.9% | |
| Sitka City and Borough | 1,144 | 1,451 | 1,622 | 2,246 | 2,711 | +3.6% | +32.0% | |
| Skagway Municipality | 1,277 | 1,427 | 1,611 | 2,231 | 2,648 | −2.0% | +22.7% | |
| Southeast Fairbanks Census Area | 962 | 1,219 | 1,327 | 1,837 | 2,181 | +1.1% | +8.1% | |
| Wrangell City and Borough | 983 | 990 | 1,295 | 1,793 | 2,128 | +6.4% | +37.2% | |
| Yakutat City and Borough | 1,143 | 1,262 | 1,577 | 1,879 | 2,592 | +13.6% | +31.6% | |
| Yukon-Koyukuk Census Area | 952 | 958 | 1,196 | 1,656 | 1,966 | +6.2% | +39.9% |
Dollars per month, FY 2027 file as published September 1, 2026; rows marked R show FY 2026. "1 yr" compares the FY 2027 2BR with FY 2026, "5 yr" with FY 2022. HUD's methods changed over these years, so part of any move is method, not market. Area names are HUD's.
Look up a ZIP code
Get one email when HUD's next rents are out
We'll write once when HUD publishes FY 2028 Fair Market Rents, or revised FY 2027 figures, for your ZIP's HUD area in Alaska. HUD's FY 2028 starts October 1, 2027.
Using these numbers on a rental
The FMR sets the range for voucher payments; it is not a rent estimate for your unit. A housing agency picks a payment standard between 90% and 110% of it, then checks your asking rent against similar unassisted units nearby. Both figures cover rent plus utilities, so the agency's allowance for any utilities the tenant pays comes off the top.
Take a 2-bedroom at $1,513, a payment standard at 100% of FMR, and a $150 utility allowance (an example; each agency publishes its own schedule). Then the voucher can cover a contract rent of up to $1,363 ($1,513 minus $150), with the tenant paying the usual 30% of income. How to underwrite with FMR works through the rest.