HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Chugach Census Area, Alaska (FY 2026)
$1,506 a month. That's HUD's FY 2026 Fair Market Rent for a two-bedroom in Chugach Census Area, and it's the baseline every voucher in Chugach is measured against.
2 bedroom FMR
$1,506
FY 2026, utilities included
Payment standard range
$1,355 to $1,657
90% to 110% of FMR
Income to afford 2BR
$60,240
per year, at 30% of income
Rank in Alaska
13th of 30
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Chugach moves to $1,575. That's up 5%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Chugach actually rent for?
Search any address in Chugach 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 | $1,038 | $934 to $1,142 | $41,520 | $19.96/hr | -0.1% |
| 1 bedroom | $1,374 | $1,237 to $1,511 | $54,960 | $26.42/hr | +21.0% |
| 2 bedroom | $1,506 | $1,355 to $1,657 | $60,240 | $28.96/hr | +3.6% |
| 3 bedroom | $2,094 | $1,885 to $2,303 | $83,760 | $40.27/hr | +7.5% |
| 4 bedroom | $2,526 | $2,273 to $2,779 | $101,040 | $48.58/hr | +10.0% |
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 | $2,905 | $2,615 to $3,196 |
| 6 bedroom Estimate | $3,284 | $2,956 to $3,612 |
| 7 bedroom Estimate | $3,663 | $3,297 to $4,029 |
| 8 bedroom Estimate | $4,042 | $3,638 to $4,446 |
Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2026 that's October 1, 2025 through September 30, 2026. In Chugach, that runs from $1,038 for a studio up to $2,526 for four bedrooms, all five rates in the table above.
Because Chugach sits outside any HUD metro area, its rate is a census area-wide figure built from local rents. One number covers every address in the census area, Cordova included.
Among Alaska's 30 counties, Chugach ranks 13th for two-bedroom FMR. That's about 6% above the state median of $1,424 and about 48% above the national median county at $1,018. About 7,000 people live here, 14th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,310 in 99693 (Whittier) and $1,610 in 99574 (Cordova), with the 4 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the census area rate. Everywhere else the ZIP numbers show where rents actually sit, and the census area rate stays the official standard.
What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Chugach somewhere between $1,355 and $1,657. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$1,506 a month is affordable, by HUD's 30% rule, on an income of roughly $60,240 a year. Put another way, $29 an hour full time.
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% ($1,355) | HAP at 100% ($1,506) | HAP at 110% ($1,657) |
|---|---|---|---|---|
| $2,500 | $750 | $605 | $756 | $907 |
| $4,000 | $1,200 | $155 | $306 | $457 |
Rate history
The two-bedroom rate went up 4% from FY 2025 ($1,453) to FY 2026 ($1,506). Since FY 2023 it's up 17% in total, about 5.5% 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 2023 | $899 | $974 | $1,282 | $1,663 | $1,946 | — |
| FY 2024 | $989 | $1,077 | $1,404 | $1,837 | $2,147 | +9.5% |
| FY 2025 | $1,039 | $1,136 | $1,453 | $1,948 | $2,297 | +3.5% |
| FY 2026 | $1,038 | $1,374 | $1,506 | $2,094 | $2,526 | +3.6% |
| FY 2027 | $1,097 | $1,447 | $1,575 | $2,181 | $2,589 | +4.6% |
Nearby counties
Copper River Census Area
$1,13099 mi · pop 2,614
Matanuska-Susitna Borough
$1,376112 mi · pop 108,661
Anchorage Municipality
$1,631114 mi · pop 290,674
Kenai Peninsula Borough
$1,312135 mi · pop 59,235
Denali Borough
$1,187224 mi · pop 2,101
Southeast Fairbanks Census Area
$1,313235 mi · pop 6,888
Yakutat City and Borough
$1,388264 mi · pop 564
Fairbanks North Star Borough
$1,676276 mi · pop 96,299
Questions people ask
$1,506 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $1,038 for a studio, $1,374 for one bedroom, $2,094 for three and $2,526 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 Chugach actually go for?
HUD's number is one input. Search any address in Chugach for a rent estimate built from nearby comps. 3 free searches, no card.
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