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HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026

Fair Market Rent in Skagway Municipality, Alaska (FY 2026)

A two-bedroom in Skagway Municipality carries a FY 2026 Fair Market Rent of $1,644 a month, effective October 1, 2025 through September 30, 2026. Everything Section 8 pays in Skagway Municipality keys off that figure.

2 bedroom FMR

$1,644

FY 2026, utilities included

Payment standard range

$1,480 to $1,808

90% to 110% of FMR

Income to afford 2BR

$65,760

per year, at 30% of income

Rank in Alaska

7th of 30

by 2BR FMR

FY 2027 published

HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Skagway Municipality moves to $1,611. That's down 2%. The full FY 2027 table is in the history section below.

HUD's number is one input. What does a two-bedroom in Skagway Municipality actually rent for?

Search any address in Skagway Municipality for a rent estimate built from nearby comps, with the HUD figure right next to it.

FY 2026 Fair Market Rents

BedroomsFMRPayment standardIncome neededHourly wagevs FY 2025
Studio$1,133$1,020 to $1,246$45,320$21.79/hr+3.6%
1 bedroom$1,253$1,128 to $1,378$50,120$24.10/hr+3.0%
2 bedroom$1,644$1,480 to $1,808$65,760$31.62/hr+3.1%
3 bedroom$2,245$2,021 to $2,470$89,800$43.17/hr+16.8%
4 bedroom$2,708$2,437 to $2,979$108,320$52.08/hr+7.4%
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.

BedroomsEstimated FMRPayment standard
5 bedroom Estimate$3,114$2,803 to $3,425
6 bedroom Estimate$3,520$3,168 to $3,872
7 bedroom Estimate$3,927$3,534 to $4,320
8 bedroom Estimate$4,333$3,900 to $4,766

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 Skagway Municipality the five published rates run from $1,133 to $2,708, studio through four bedrooms.

Skagway Municipality is a nonmetro county, so HUD sets its FMR from rents in the county itself rather than a wider metro. The number applies county-wide, from Skagway on out.

The state median two-bedroom FMR is $1,424. Skagway Municipality comes in at $1,644, about 15% above that, and ranks 7th of 30 in Alaska. Against the national median county ($1,018) it's about 61% above. Population is around 1,303.

Rates by ZIP code

HUD also publishes Small Area FMRs by ZIP code. For the one ZIP code it covers in Skagway Municipality, the two-bedroom rate is $1,640 across the board, so there's no ZIP-level story here.

ZIPCity2BR ratevs county
99840Skagway$1,640-0.2%

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 $1,480 and $1,808. 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 $65,760 a year to afford $1,644 a month. On a 40-hour week that's $32 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 incomeTenant pays (30%)HAP at 90% ($1,480)HAP at 100% ($1,644)HAP at 110% ($1,808)
$2,500$750$730$894$1,058
$4,000$1,200$280$444$608

Rate history

The two-bedroom rate went up 3% from FY 2025 ($1,595) to FY 2026 ($1,644). Since FY 2020 it's up 19% in total, about 3.0% a year. The Alaska median moved up 1% over the same year.

YearStudio1 BR2 BR3 BR4 BR2BR change
FY 2020$995$1,177$1,380$1,797$2,054
FY 2021$897$1,063$1,265$1,618$1,890-8.3%
FY 2022$919$1,060$1,313$1,623$1,969+3.8%
FY 2023$963$1,072$1,389$1,690$2,108+5.8%
FY 2024$1,046$1,174$1,543$1,866$2,359+11.1%
FY 2025$1,094$1,216$1,595$1,922$2,521+3.4%
FY 2026$1,133$1,253$1,644$2,245$2,708+3.1%
FY 2027$1,277$1,427$1,611$2,231$2,648-2.0%

Nearby counties

Get next year's Skagway Municipality rates the day they publish

HUD updates Fair Market Rents every October. One email a year, no newsletter.

Questions people ask

$1,644 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $1,133 for a studio, $1,253 for one bedroom, $2,245 for three and $2,708 for four.

Tools for this county

What does a rental in Skagway Municipality actually go for?

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