HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Bristol Bay Borough, Alaska (FY 2026)
$1,243 a month. That's HUD's FY 2026 Fair Market Rent for a two-bedroom in Bristol Bay Borough, and it's the baseline every voucher in Bristol Bay is measured against.
2 bedroom FMR
$1,243
FY 2026, utilities included
Payment standard range
$1,119 to $1,367
90% to 110% of FMR
Income to afford 2BR
$49,720
per year, at 30% of income
Rank in Alaska
23rd of 30
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Bristol Bay moves to $1,269. That's up 2%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Bristol Bay actually rent for?
Search any address in Bristol Bay for a rent estimate built from nearby comps, with the HUD figure right next to it.
FY 2026 Fair Market Rents
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2025 |
|---|---|---|---|---|---|
| Studio | $891 | $802 to $980 | $35,640 | $17.13/hr | -0.6% |
| 1 bedroom | $1,134 | $1,021 to $1,247 | $45,360 | $21.81/hr | +15.7% |
| 2 bedroom | $1,243 | $1,119 to $1,367 | $49,720 | $23.90/hr | -0.8% |
| 3 bedroom | $1,729 | $1,556 to $1,902 | $69,160 | $33.25/hr | -1.5% |
| 4 bedroom | $2,047 | $1,842 to $2,252 | $81,880 | $39.37/hr | +3.3% |
5 to 8 bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $2,354 | $2,119 to $2,589 |
| 6 bedroom Estimate | $2,661 | $2,395 to $2,927 |
| 7 bedroom Estimate | $2,968 | $2,671 to $3,265 |
| 8 bedroom Estimate | $3,275 | $2,948 to $3,603 |
Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov
HUD sets Fair Market Rent once a year, based on what typical units in the area actually rent for, with utilities folded in. FY 2026 runs October 1, 2025 through September 30, 2026, and in Bristol Bay Borough the five published rates run from $891 to $2,047, studio through four bedrooms.
Bristol Bay is a nonmetro borough, so HUD sets its FMR from rents in the borough itself rather than a wider metro. The number applies borough-wide, from King Salmon on out.
The state median two-bedroom FMR is $1,424. Bristol Bay comes in at $1,243, about 13% below that, and ranks 23rd of 30 in Alaska. Against the national median county ($1,018) it's about 22% above. Population is around 854.
Rates by ZIP code
HUD also publishes Small Area FMRs for the 3 ZIP codes it covers in Bristol Bay. Two-bedroom rates run from $1,240 in 99613 (King Salmon) to $1,290 in 99633 (Naknek), a $50 spread inside one borough. Whether your housing authority uses the ZIP rate or the borough rate depends on whether HUD has designated this area for Small Area FMRs. Ask the PHA which one it's on before you price a unit.
What a voucher pays here
The FMR isn't the check you'd receive. Your local housing authority turns it into a payment standard, set between 90% and 110% of FMR, so a two-bedroom here lands between $1,119 and $1,367. Subtract about 30% of the tenant's income and that's the housing assistance payment. If you ask more than similar unassisted units rent for, the PHA's rent reasonableness check will push back.
At the standard 30% of income, a household needs about $49,720 a year to afford $1,243 a month. On a 40-hour week that's $24 an hour.
Worked example for a two-bedroom, assuming the rent equals the payment standard. Tenant pays 30% of monthly income, HUD's housing assistance payment covers the rest.
| Monthly household income | Tenant pays (30%) | HAP at 90% ($1,119) | HAP at 100% ($1,243) | HAP at 110% ($1,367) |
|---|---|---|---|---|
| $2,500 | $750 | $369 | $493 | $617 |
| $4,000 | $1,200 | $0 | $43 | $167 |
Rate history
The two-bedroom rate went down 1% from FY 2025 ($1,253) to FY 2026 ($1,243). Since FY 2020 it's up 3% in total, about 0.6% a year. The Alaska median moved up 1% over the same year.
| Year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $844 | $954 | $1,202 | $1,622 | $1,628 | — |
| FY 2021 | $760 | $859 | $1,082 | $1,460 | $1,552 | -10.0% |
| FY 2022 | $685 | $749 | $985 | $1,399 | $1,494 | -9.0% |
| FY 2023 | $769 | $833 | $1,097 | $1,559 | $1,665 | +11.4% |
| FY 2024 | $872 | $949 | $1,237 | $1,743 | $1,892 | +12.8% |
| FY 2025 | $896 | $980 | $1,253 | $1,756 | $1,981 | +1.3% |
| FY 2026 | $891 | $1,134 | $1,243 | $1,729 | $2,047 | -0.8% |
| FY 2027 | $920 | $1,166 | $1,269 | $1,757 | $2,086 | +2.1% |
Nearby counties
Lake and Peninsula Borough
$1,03034 mi · pop 999
Dillingham Census Area
$1,24768 mi · pop 4,854
Kodiak Island Borough
$2,075152 mi · pop 13,065
Bethel Census Area
$1,938221 mi · pop 18,538
Kenai Peninsula Borough
$1,312238 mi · pop 59,235
Anchorage Municipality
$1,631278 mi · pop 290,674
Matanuska-Susitna Borough
$1,376321 mi · pop 108,661
Kusilvak Census Area
$973341 mi · pop 8,372
Questions people ask
$1,243 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $891 for a studio, $1,134 for one bedroom, $1,729 for three and $2,047 for four.
Tools for this county
Fair Market Rent lookup
Look up any ZIP code's Small Area FMR by bedroom count.
Section 8 rent calculator
Work out the payment standard and tenant share for a specific rent.
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords.
Rent affordability calculator
See what income a household needs for a given rent.
What does a rental in Bristol Bay actually go for?
HUD's number is one input. Search any address in Bristol Bay for a rent estimate built from nearby comps. 3 free searches, no card.
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