HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Wrangell City and Borough, Alaska (FY 2026)
A two-bedroom in Wrangell City and Borough carries a FY 2026 Fair Market Rent of $1,217 a month, effective October 1, 2025 through September 30, 2026. Everything Section 8 pays in Wrangell keys off that figure.
2 bedroom FMR
$1,217
FY 2026, utilities included
Payment standard range
$1,095 to $1,339
90% to 110% of FMR
Income to afford 2BR
$48,680
per year, at 30% of income
Rank in Alaska
24th of 30
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Wrangell moves to $1,295. That's up 6%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Wrangell actually rent for?
Search any address in Wrangell 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 | $921 | $829 to $1,013 | $36,840 | $17.71/hr | +15.8% |
| 1 bedroom | $928 | $835 to $1,021 | $37,120 | $17.85/hr | +9.4% |
| 2 bedroom | $1,217 | $1,095 to $1,339 | $48,680 | $23.40/hr | +9.4% |
| 3 bedroom | $1,682 | $1,514 to $1,850 | $67,280 | $32.35/hr | +8.0% |
| 4 bedroom | $2,042 | $1,838 to $2,246 | $81,680 | $39.27/hr | +16.2% |
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 | $2,348 | $2,113 to $2,583 |
| 6 bedroom Estimate | $2,655 | $2,390 to $2,921 |
| 7 bedroom Estimate | $2,961 | $2,665 to $3,257 |
| 8 bedroom Estimate | $3,267 | $2,940 to $3,594 |
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 Wrangell, that runs from $921 for a studio up to $2,042 for four bedrooms, all five rates in the table above.
Because Wrangell sits outside any HUD metro area, its rate is a borough-wide figure built from local rents. One number covers every address in the borough, Wrangell included.
Among Alaska's 30 counties, Wrangell ranks 24th for two-bedroom FMR. That's about 15% below the state median of $1,424 and about 20% above the national median county at $1,018. About 2,134 people live here, 24th in the state.
Rates by ZIP code
HUD also publishes Small Area FMRs by ZIP code. For the one ZIP code it covers in Wrangell, the two-bedroom rate is $1,220 across the board, so there's no ZIP-level story here.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 99929 | Wrangell | $1,220 | +0.2% |
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 Wrangell somewhere between $1,095 and $1,339. 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.
$1,217 a month is affordable, by HUD's 30% rule, on an income of roughly $48,680 a year. Put another way, $23 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% ($1,095) | HAP at 100% ($1,217) | HAP at 110% ($1,339) |
|---|---|---|---|---|
| $2,500 | $750 | $345 | $467 | $589 |
| $4,000 | $1,200 | $0 | $17 | $139 |
Rate history
The two-bedroom rate went up 9% from FY 2025 ($1,112) to FY 2026 ($1,217). Since FY 2020 it's up 21% in total, about 3.2% 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 | $764 | $766 | $1,009 | $1,307 | $1,502 | — |
| FY 2021 | $688 | $690 | $910 | $1,229 | $1,360 | -9.8% |
| FY 2022 | $668 | $717 | $944 | $1,321 | $1,416 | +3.7% |
| FY 2023 | $694 | $754 | $993 | $1,411 | $1,507 | +5.2% |
| FY 2024 | $776 | $839 | $1,102 | $1,462 | $1,468 | +11.0% |
| FY 2025 | $795 | $848 | $1,112 | $1,558 | $1,758 | +0.9% |
| FY 2026 | $921 | $928 | $1,217 | $1,682 | $2,042 | +9.4% |
| FY 2027 | $983 | $990 | $1,295 | $1,793 | $2,128 | +6.4% |
Nearby counties
Prince of Wales-Hyder Census Area
$1,15350 mi · pop 5,799
Petersburg Borough
$1,46356 mi · pop 3,374
Ketchikan Gateway Borough
$1,62578 mi · pop 13,910
Sitka City and Borough
$1,566120 mi · pop 8,462
Juneau City and Borough
$1,758153 mi · pop 32,108
Hoonah-Angoon Census Area
$1,460162 mi · pop 2,329
Haines Borough
$1,321227 mi · pop 2,079
Skagway Municipality
$1,644236 mi · pop 1,303
Questions people ask
$1,217 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $921 for a studio, $928 for one bedroom, $1,682 for three and $2,042 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 Wrangell actually go for?
HUD's number is one input. Search any address in Wrangell for a rent estimate built from nearby comps. 3 free searches, no card.
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