Fairbanks North Star Borough
FY 2026 HUD Fair Market Rents in Alaska. Population: 96,299.
Fair Market Rents (2026)
Studio
National avg: $893
$1,156/mo
↑ 1.0% YoY
+29% vs US
1 Bedroom
National avg: $959
$1,277/mo
↑ 0.4% YoY
+33% vs US
2 Bedroom
National avg: $1,175
$1,676/mo
↑ 0.4% YoY
+43% vs US
3 Bedroom
National avg: $1,525
$2,331/mo
↓ 0.3% YoY
+53% vs US
4 Bedroom
National avg: $1,756
$2,812/mo
↑ 0.3% YoY
+60% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $1,144 | $1,156 | +$12 (+1.0%) |
| 1 Bedroom | $1,272 | $1,277 | +$5 (+0.4%) |
| 2 Bedroom | $1,669 | $1,676 | +$7 (+0.4%) |
| 3 Bedroom | $2,339 | $2,331 | $-8 (-0.3%) |
| 4 Bedroom | $2,803 | $2,812 | +$9 (+0.3%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$51,080
$4,257/month gross
Required annual income for 2 BR
$67,040
$5,587/month gross
Other Counties in Alaska
Sitka City and Borough
1 BR: $1,350/mo
Bethel Census Area
1 BR: $1,719/mo
Kusilvak Census Area
1 BR: $767/mo
Yukon-Koyukuk Census Area
1 BR: $1,019/mo
Matanuska-Susitna Borough
1 BR: $1,049/mo
North Slope Borough
1 BR: $1,239/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.