HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Southeast Fairbanks Census Area, Alaska (FY 2026)
$1,313 a month. That's HUD's FY 2026 Fair Market Rent for a two-bedroom in Southeast Fairbanks Census Area, and it's the baseline every voucher in Southeast Fairbanks is measured against.
2 bedroom FMR
$1,313
FY 2026, utilities included
Payment standard range
$1,182 to $1,444
90% to 110% of FMR
Income to afford 2BR
$52,520
per year, at 30% of income
Rank in Alaska
20th of 30
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Southeast Fairbanks moves to $1,327. That's up 1%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Southeast Fairbanks actually rent for?
Search any address in Southeast Fairbanks 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 | $942 | $848 to $1,036 | $37,680 | $18.12/hr | +5.4% |
| 1 bedroom | $1,198 | $1,078 to $1,318 | $47,920 | $23.04/hr | +6.8% |
| 2 bedroom | $1,313 | $1,182 to $1,444 | $52,520 | $25.25/hr | +5.0% |
| 3 bedroom | $1,826 | $1,643 to $2,009 | $73,040 | $35.12/hr | +4.2% |
| 4 bedroom | $2,162 | $1,946 to $2,378 | $86,480 | $41.58/hr | +9.4% |
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.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $2,486 | $2,237 to $2,735 |
| 6 bedroom Estimate | $2,811 | $2,530 to $3,092 |
| 7 bedroom Estimate | $3,135 | $2,822 to $3,449 |
| 8 bedroom Estimate | $3,459 | $3,113 to $3,805 |
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 Southeast Fairbanks Census Area the five published rates run from $942 to $2,162, studio through four bedrooms.
Southeast Fairbanks 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 Fort Greely on out.
The state median two-bedroom FMR is $1,424. Southeast Fairbanks comes in at $1,313, about 8% below that, and ranks 20th of 30 in Alaska. Against the national median county ($1,018) it's about 29% above. Population is around 6,888.
Rates by ZIP code
HUD also publishes Small Area FMRs for the 6 ZIP codes it covers in Southeast Fairbanks. Two-bedroom rates run from $1,130 in 99732 (Chicken) to $1,340 in 99737 (Delta Junction), a $210 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.
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 $1,182 and $1,444. 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 $52,520 a year to afford $1,313 a month. On a 40-hour week that's $25 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% ($1,182) | HAP at 100% ($1,313) | HAP at 110% ($1,444) |
|---|---|---|---|---|
| $2,500 | $750 | $432 | $563 | $694 |
| $4,000 | $1,200 | $0 | $113 | $244 |
Rate history
The two-bedroom rate went up 5% from FY 2025 ($1,250) to FY 2026 ($1,313). Since FY 2020 it's up 1% in total, about 0.2% 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 | $911 | $1,102 | $1,297 | $1,871 | $1,951 | — |
| FY 2021 | $929 | $992 | $1,210 | $1,732 | $1,808 | -6.7% |
| FY 2022 | $927 | $933 | $1,228 | $1,744 | $1,955 | +1.5% |
| FY 2023 | $867 | $977 | $1,237 | $1,651 | $1,994 | +0.7% |
| FY 2024 | $922 | $1,083 | $1,309 | $1,708 | $2,168 | +5.8% |
| FY 2025 | $894 | $1,122 | $1,250 | $1,752 | $1,976 | -4.5% |
| FY 2026 | $942 | $1,198 | $1,313 | $1,826 | $2,162 | +5.0% |
| FY 2027 | $962 | $1,219 | $1,327 | $1,837 | $2,181 | +1.1% |
Nearby counties
Copper River Census Area
$1,130138 mi · pop 2,614
Fairbanks North Star Borough
$1,676145 mi · pop 96,299
Denali Borough
$1,187179 mi · pop 2,101
Chugach Census Area
$1,506235 mi · pop 7,000
Matanuska-Susitna Borough
$1,376245 mi · pop 108,661
Yukon-Koyukuk Census Area
$1,126286 mi · pop 5,355
Anchorage Municipality
$1,631290 mi · pop 290,674
Yakutat City and Borough
$1,388301 mi · pop 564
Questions people ask
$1,313 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $942 for a studio, $1,198 for one bedroom, $1,826 for three and $2,162 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 Southeast Fairbanks actually go for?
HUD's number is one input. Search any address in Southeast Fairbanks for a rent estimate built from nearby comps. 3 free searches, no card.
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