County FMR · HUD FY2026

Anchorage Municipality Fair Market Rent

HUD's FY2026 Fair Market Rent for Anchorage Municipality, AK - 30% above the US average.

$1,243
1-bedroom FMR
$1,631
2-bedroom FMR
+4.4%
YoY change
+30%
vs US avg

The verdict

Anchorage Municipality is the 8th most expensive of 30 counties in Alaska by 2-bedroom FMR; nationally it ranks #377 most expensive of 3,145 HUD counties.

#377
most expensive of 3,145 US counties (2BR)
#8
most expensive of 30 in Alaska (2BR)
+4%
vs the state average
$49,720
income to afford it (30% rule)

General and Operations Managers spend the smallest share of income on rent here (12.4%), while Teaching Assistants, Except Postsecondary spend the most (48.8%); nearby Alaska counties range as much as 72% apart in 1-bedroom FMR, so the county line itself can matter for renters comparing options.

FY 2026 HUD Fair Market Rent for Anchorage Municipality, AK. Verify with HUD →

The Fair Market Rent for a 1-bedroom apartment in Anchorage Municipality, Alaska is $1,243 per month in FY 2026, according to the U.S. Department of Housing and Urban Development (HUD). A 2-bedroom costs $1,631/mo and a studio is $1,152/mo. This is 30% higher than the national average of $959 and 4% above the Alaska average of $1,194.

Rent increased4.4% from FY 2025 ($1,191), outpacing inflation. A household needs about $49,720/year to stay under the 30% rent-to-income line.

Observed renter burden: 45.8% of the 39,117 renter households counted by ACS paid at least 30% of income in gross rent. This ACS 2023 household measure is distinct from HUD's FY2026 Fair Market Rent benchmark above.

FY 2026 HUD Fair Market Rents in Alaska. Population: 290,674. Population has held roughly steady over the past five years (-2.4%, Census ACS). That's slower than Alaska's statewide growth of -0.6% over the same period.

FMR filing desk

Area ANCHORAGE·MUNICIPALITY·AK·AK

Anchorage Municipality, AK: $1,243/mo 1BR · #377 of 3145 counties (2BR) · FY2026

  • FMR-AREA AK
  • 1BR-FMR $1,243
  • 2BR-FMR $1,631
  • RANK-MID #377
  • YOY-UP +4.4%
  • VSUS-HIGH +30%
  • VS-ST-NEAR +4% AK
  • INC-ROOM 15%
  • POP-MAJOR 291K
  • PHOTO-NEAR Matanuska-Susitna
  • VOUCH-90-110 $1,119–$1,367
  • FY-2026 FY2026

Photo-finish peer: Matanuska-Susitna ($194 1BR gap)

Read with: Understanding rent burden

Fair Market Rents (2026)

Studio
State avg: $1,061 · US avg: $893
$1,152/mo
↑ 5.8% YoY +9% vs state +29% vs US
1 Bedroom
State avg: $1,194 · US avg: $959
$1,243/mo
↑ 4.4% YoY +4% vs state +30% vs US
2 Bedroom
State avg: $1,467 · US avg: $1,175
$1,631/mo
↑ 4.4% YoY +11% vs state +39% vs US
3 Bedroom
State avg: $1,941 · US avg: $1,525
$2,268/mo
↑ 3.6% YoY +17% vs state +49% vs US
4 Bedroom
State avg: $2,304 · US avg: $1,756
$2,736/mo
↑ 4.2% YoY +19% vs state +56% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $1,089
$1,152
+$63 (+5.8%)
1 Bedroom $1,191
$1,243
+$52 (+4.4%)
2 Bedroom $1,563
$1,631
+$68 (+4.4%)
3 Bedroom $2,190
$2,268
+$78 (+3.6%)
4 Bedroom $2,625
$2,736
+$111 (+4.2%)

Rent Burden Analysis

How much of household income goes to rent in Anchorage Municipality. The 30% threshold indicates cost burden.

Studio
14.1%
Affordable
Need $46,080/yr for 30% rule
1 Bedroom
15.2%
Affordable
Need $49,720/yr for 30% rule
2 Bedroom
19.9%
Affordable
Need $65,240/yr for 30% rule
3 Bedroom
27.7%
Affordable
Need $90,720/yr for 30% rule
4 Bedroom
33.5%
Burdened
Need $109,440/yr for 30% rule
How we calculate this

Rent burden = (FMR × 12) ÷ county median household income. Required income = (FMR × 12) ÷ 0.3, the federal 30%-of-gross-income rule HUD uses to define cost burden. Median household income is from the U.S. Census Bureau's American Community Survey; FMR is from HUD's FY2026 release. See methodology.

0%100%National avg22%19.9%
Anchorage Municipality 2-bedroom rent burden
County median income: $98,152 · National avg burden: 21.7% ·View Alaska rent burden →

Where Anchorage Municipality sits among every US county

2-bedroom Fair Market Rent vs. all 3,145 HUD counties

$1,631 Top 12% higher than 88% of 3,145 counties

$600–$800: 23 counties (1%). Below this entry. $800–$1,000: 1,406 counties (45%). Below this entry. $1,000–$1,200: 723 counties (23%). Below this entry. $1,200–$1,400: 417 counties (13%). Below this entry. $1,400–$1,600: 181 counties (6%). Below this entry. $1,600–$1,800: 172 counties (5%). This entry sits in this band. $1,800–$2,000: 108 counties (3%). Above this entry. $2,000–$2,200: 29 counties (1%). Above this entry. $2,200–$2,400: 40 counties (1%). Above this entry. $2,400–$2,600: 13 counties (0%). Above this entry. $2,600–$2,800: 9 counties (0%). Above this entry. $2,800–$3,000: 15 counties (0%). Above this entry. $3,000–$3,200: 3 counties (0%). Above this entry. $3,200–$3,400: 1 counties (0%). Above this entry. $3,400–$3,600: 1 counties (0%). Above this entry. $3,600–$3,800: 3 counties (0%). Above this entry. $3,800–$4,000: 0 counties (0%). Above this entry. $4,000–$4,200: 0 counties (0%). Above this entry. $4,200–$4,400: 1 counties (0%). Above this entry. This county $600 $4,400 every US county, bucketed by value

Each bar is a $0.2K-wide band; taller bars hold more counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Department of Housing and Urban Development, Fair Market Rents · FY2026

How Anchorage Municipality compares on 1-bedroom rent

1-bedroom FMR vs other Alaska counties

1BR FMR / mo

What this shows Anchorage Municipality is highlighted. Nearby Alaska counties by 1-bedroom FMR, highest to lowest: Bethel Census Area ($1,719), Juneau City and Borough ($1,340), Fairbanks North Star Borough ($1,277), Anchorage Municipality (this county) ($1,243), Ketchikan Gateway Borough ($1,238), Matanuska-Susitna Borough ($1,049), Kenai Peninsula Borough ($1,000).

Source U.S. Department of Housing and Urban Development (HUD) As of FY2026

Can Common Jobs Afford Rent Here?

Against a high local FMR of $1,243/mo, which of 15 common occupations still clear the 30% line using Alaska BLS wages?

Occupation AK Salary Rent Burden Verdict
General & Operations Managers $120,470 12.4% Affordable
Software Developers $119,600 12.5% Affordable
Registered Nurses $110,690 13.5% Affordable
Police & Sheriff's Patrol Officers $100,300 14.9% Affordable
Accountants & Auditors $81,950 18.2% Affordable
Electricians $81,860 18.2% Affordable
Elementary School Teachers $76,290 19.6% Affordable
Heavy & Tractor-Trailer Truck Drivers $64,890 23% Affordable
Paralegals & Legal Assistants $61,120 24.4% Affordable
Pharmacy Technicians $50,440 29.6% Affordable
Customer Service Representatives $44,760 33.3% Stretched
Janitors & Cleaners $39,040 38.2% Stretched
Retail Salespersons $36,940 40.4% Stretched
Fast Food & Counter Workers $34,430 43.3% Stretched
Teaching Assistants $30,560 48.8% Stretched
Salaries: BLS OES (Alaska) median · 30% = affordable threshold · Try the salary calculator →

Rent Trends (2020–2026)

7-year Fair Market Rent history for Anchorage Municipality. Shows how HUD rental rates have changed over time.

Over the 6-year span HUD has tracked for Anchorage Municipality (FY 2020-2026), the 1-bedroom Fair Market Rent has risen 25.4% overall, from $991 to $1,243. The increases have been fairly steady year to year, with no single jump exceeding 8.3% (FY 2023).

$900$1,000$1,100$1,200$1,300 FY2020FY2021FY2022FY2023FY2024FY2025FY2026 $1,243
Anchorage Municipality 1-bedroom Fair Market Rent, FY2020–FY2026
Year Studio 1 BR 2 BR
FY 2026 ↑4.4% $1,152 $1,243 $1,631
FY 2025 ↑7.6% $1,089 $1,191 $1,563
FY 2024 ↑7.8% $996 $1,107 $1,454
FY 2023 ↑8.3% $932 $1,027 $1,352
FY 2022 ↑2.4% $877 $948 $1,248
FY 2021 ↓6.6% $877 $926 $1,220
FY 2020 $935 $991 $1,305
Total change (6yr): +25.4%
Annualized: +3.8%/yr
1 BR: $991 → $1,243

Part of the Anchorage, AK Metro Area

Anchorage Municipality is a central county of the Anchorage, AK metropolitan statistical area, alongside 1 other metro-area county.

Anchorage Municipality ranks #1 of 2 counties in this metro area by 1-bedroom FMR. Every county sharing this metro, highest to lowest: Anchorage Municipality (this county) ($1,243), Matanuska-Susitna Borough ($1,049).

Anchorage Municipality (this county)
1 BR: $1,243/mo
Matanuska-Susitna Borough
1 BR: $1,049/mo

Nationwide peers by 2BR FMR & rent burden

Two PlainRent-derived comparison paths for Anchorage Municipality, both outside Alaska so the link neighborhoods are not the same-state geography lattice above. Axes stay disjoint: burden peers exclude the FMR peer set.

Similar 2-bedroom FMR

Nearest HUD 2BR Fair Market Rents outside AK (FY2026).

Lehigh County
PA · 2 BR $1,634/mo
Northampton County
PA · 2 BR $1,634/mo
Carbon County
PA · 2 BR $1,634/mo
Berkshire County
MA · 2 BR $1,626/mo

Similar rent burden

Nearest 2BR FMR as a share of median household income (outside AK).

Jones County
NC · 19.9% of income · 2 BR $925/mo
McLean County
IL · 19.9% of income · 2 BR $1,302/mo
Lewis County
WV · 19.9% of income · 2 BR $869/mo
Cherokee County
AL · 19.9% of income · 2 BR $844/mo

Nearby Counties in Alaska

Largest counties by population in Alaska

Showing the 8 largest of 29 other counties in Alaska.

Matanuska-Susitna Borough
1 BR: $1,049/mo Pop: 108,661
Fairbanks North Star Borough
1 BR: $1,277/mo Pop: 96,299
Kenai Peninsula Borough
1 BR: $1,000/mo Pop: 59,235
Juneau City and Borough
1 BR: $1,340/mo Pop: 32,108
Bethel Census Area
1 BR: $1,719/mo Pop: 18,538
Ketchikan Gateway Borough
1 BR: $1,238/mo Pop: 13,910
Kodiak Island Borough
1 BR: $1,581/mo Pop: 13,065
North Slope Borough
1 BR: $1,239/mo Pop: 10,924
View all counties in Alaska →

Frequently Asked Questions

What is the average rent in Anchorage Municipality? ▼
The FY 2026 Fair Market Rent for a 1-bedroom in Anchorage Municipality is $1,243 per month. A 2-bedroom is $1,631 and a studio is $1,152.
How does Anchorage Municipality rent compare to the national average? ▼
Rent in Anchorage Municipality is 30% above the national average. A 1-bedroom here costs $1,243 compared to $959 nationally.
Where does Anchorage Municipality rank nationally for Fair Market Rent? ▼
According to HUD's FY 2026 Fair Market Rent schedule, Anchorage Municipality's 2-bedroom FMR of $1,631 ranks #377 most expensive among 3,145 HUD counties, placing it in the upper-rent quarter of HUD counties.
What income do I need to afford rent in Anchorage Municipality? ▼
Based on the 30% affordability rule, you need an annual income of at least $49,720 ($4,143/month) to afford a 1-bedroom at Fair Market Rent in Anchorage Municipality.
Is rent going up or down in Anchorage Municipality? ▼
The 1-bedroom Fair Market Rent in Anchorage Municipality increased by 4.4% from FY 2025 to FY 2026, going from $1,191 to $1,243.
Which jobs can afford rent in Anchorage Municipality? ▼
Based on Alaska BLS salary data and the 30% affordability rule, jobs like General and Operations Managers, Software Developers, Registered Nurses can afford a 1-bedroom at $1,243/mo. 10 of 15 common occupations are affordable here.
How much has rent changed in Anchorage Municipality over time? ▼
The 1-bedroom Fair Market Rent in Anchorage Municipality went from $991 in FY 2020 to $1,243 in FY 2026, a total change of +25.4% over 6 years.
How does Fair Market Rent affect Section 8 vouchers in Anchorage Municipality? ▼
In Anchorage Municipality, the FY 2026 FMR of $1,243/mo for a 1-bedroom sets the baseline that local housing authorities use for Section 8 payment standards.
What does Fair Market Rent mean for Anchorage Municipality? ▼
For Anchorage Municipality, it's the specific 40th-percentile rent HUD publishes each year ($1,243/mo for a 1-bedroom in FY 2026).

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Census Bureau and HUD Fair Market Rents. Consult a qualified professional before making decisions based on this data.

All federal data sources used on this page
  • HUD Fair Market Rents (FMR) - county-level fair-market rent estimates by bedroom count. huduser.gov/datasets/fmr
  • HUD Income Limits - area median income for affordability calculations. huduser.gov/datasets/il
  • HUD Comprehensive Housing Affordability Strategy (CHAS) - rent burden and housing-cost distribution. huduser.gov/datasets/cp
  • U.S. Census Bureau ACS - county and metro housing characteristics + median rent. census.gov/programs-surveys/acs
  • BLS Consumer Price Index, Rent of Primary Residence - rent inflation by metro. bls.gov/cpi
  • IRS Migration Data (SOI) - interstate migration aggregates affecting county demand. irs.gov/statistics/migration
  • BLS Occupational Employment and Wage Statistics - state-level median wages by occupation, used for job affordability analysis. bls.gov/oes

Every figure on PlainRent is rendered directly from HUD's published Fair Market Rent records, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of FY 2026.