HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Prince of Wales-Hyder Census Area, Alaska (FY 2027)
$1,269 a month. That's HUD's FY 2027 Fair Market Rent for a two-bedroom in Prince of Wales-Hyder Census Area, and it's the baseline every voucher in Prince of Wales-Hyder is measured against.
Two-bedroom FMR
$1,269
+10.1% from FY 2026
Payment standard
$1,142–$1,396
90% to 110% of the FMR, two-bedroom
Income to afford
$50,760
a year, with rent at 30% of income
Rank in Alaska
25th of 30
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $920 | $828–$1,012 | $36,800 | $17.69/hr | +11.2% |
| 1 bedroom | $1,075 | $968–$1,183 | $43,000 | $20.67/hr | +4.4% |
| 2 bedroom | $1,269 | $1,142–$1,396 | $50,760 | $24.40/hr | +10.1% |
| 3 bedroom | $1,633 | $1,470–$1,796 | $65,320 | $31.40/hr | +11.5% |
| 4 bedroom | $2,086 | $1,877–$2,295 | $83,440 | $40.12/hr | +9.8% |
Five to eight 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 | $2,399 | $2,159–$2,639 |
| 6 bedroom Estimate | $2,712 | $2,441–$2,983 |
| 7 bedroom Estimate | $3,025 | $2,723–$3,328 |
| 8 bedroom Estimate | $3,338 | $3,004–$3,672 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Prince of Wales-Hyder actually rent for?
Search any address in Prince of Wales-Hyder for a rent estimate built from nearby comps, with the HUD figure right next to it.
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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 $1,142 and $1,396. 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 $50,760 a year to afford $1,269 a month. On a 40-hour week that's $24 an hour.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$1,142 | Voucher pays at 100%$1,269 | Voucher pays at 110%$1,396 |
|---|---|---|---|---|
| $2,500 | $750 | $392 | $519 | $646 |
| $4,000 | $1,200 | $0 | $69 | $196 |
Rate history
The two-bedroom rate went up 10% from FY 2026 ($1,153) to FY 2027 ($1,269). Since FY 2020 it's up 14% in total, about 1.9% a year. The Alaska median moved up 6% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $810 | $847 | $1,115 | $1,389 | $1,510 | — |
| FY 2021 | $735 | $771 | $1,016 | $1,264 | $1,378 | -8.9% |
| FY 2022 | $744 | $796 | $1,016 | $1,256 | $1,378 | 0.0% |
| FY 2023 | $764 | $866 | $1,020 | $1,331 | $1,370 | +0.4% |
| FY 2024 | $840 | $927 | $1,041 | $1,413 | $1,420 | +2.1% |
| FY 2025 | $873 | $946 | $1,048 | $1,392 | $1,445 | +0.7% |
| FY 2026 | $827 | $1,030 | $1,153 | $1,464 | $1,899 | +10.0% |
| FY 2027In effect | $920 | $1,075 | $1,269 | $1,633 | $2,086 | +10.1% |
About this rate
HUD sets Fair Market Rent once a year, based on what typical units in the area actually rent for, with utilities folded in. FY 2027 runs October 1, 2026 through September 30, 2027, and in Prince of Wales-Hyder Census Area the five published rates run from $920 to $2,086, studio through four bedrooms.
Prince of Wales-Hyder is a nonmetro census area, so HUD sets its FMR from rents in the census area itself rather than a wider metro. The number applies census area-wide, from Port Alexander on out.
The state median two-bedroom FMR is $1,513. Prince of Wales-Hyder comes in at $1,269, about 16% below that, and ranks 25th of 30 in Alaska. Against the national median county ($1,063) it's about 19% above. Population is around 5,715.
Rates by ZIP code
HUD also publishes Small Area FMRs for the 10 ZIP codes it covers in Prince of Wales-Hyder. Two-bedroom rates run from $1,090 in 99926 (Metlakatla) to $1,620 in 99836 (Port Alexander), a $530 spread inside one census area. Whether your housing authority uses the ZIP rate or the census area 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.
Nearby counties
Two-bedroom FMR, with how each compares to Prince of Wales-Hyder.
Ketchikan Gateway Borough
45 mi · 13,768 people
$1,733
+37%
Wrangell City and Borough
50 mi · 2,088 people
$1,295
+2%
Petersburg Borough
88 mi · 3,409 people
$1,504
+19%
Sitka City and Borough
137 mi · 8,368 people
$1,622
+28%
Hoonah-Angoon Census Area
192 mi · 2,311 people
$1,566
+23%
Juneau City and Borough
192 mi · 31,794 people
$1,807
+42%
Haines Borough
266 mi · 2,086 people
$1,315
+4%
Skagway Municipality
277 mi · 1,244 people
$1,611
+27%
Questions people ask
$1,269 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $920 for a studio, $1,075 for one bedroom, $1,633 for three and $2,086 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
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
The income a household needs for a given rent
What does a rental in Prince of Wales-Hyder actually go for?
HUD's number is one input. Search any address in Prince of Wales-Hyder for a rent estimate built from nearby comps. Free to start, no card.
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