Anchorage Municipality
FY 2026 HUD Fair Market Rents in Alaska. Population: 290,674.
Fair Market Rents (2026)
Studio
National avg: $893
$1,152/mo
↑ 5.8% YoY
+29% vs US
1 Bedroom
National avg: $959
$1,243/mo
↑ 4.4% YoY
+30% vs US
2 Bedroom
National avg: $1,175
$1,631/mo
↑ 4.4% YoY
+39% vs US
3 Bedroom
National avg: $1,525
$2,268/mo
↑ 3.6% YoY
+49% vs US
4 Bedroom
National avg: $1,756
$2,736/mo
↑ 4.2% YoY
+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%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$49,720
$4,143/month gross
Required annual income for 2 BR
$65,240
$5,437/month gross
Other Counties in Alaska
Southeast Fairbanks Census Area
1 BR: $1,198/mo
Skagway Municipality
1 BR: $1,253/mo
Sitka City and Borough
1 BR: $1,350/mo
Kodiak Island Borough
1 BR: $1,581/mo
Aleutians East Borough
1 BR: $1,263/mo
Bristol Bay Borough
1 BR: $1,134/mo
Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.