County FMR · HUD FY2026

Petersburg Borough Fair Market Rent

HUD's FY2026 Fair Market Rent for Petersburg Borough, AK - 26% above the US average.

$1,211
1-bedroom FMR
$1,463
2-bedroom FMR
+11.8%
YoY change
+26%
vs US avg

The verdict

Petersburg is the 14th most expensive of 30 counties in Alaska by 2-bedroom FMR; nationally it ranks #503 most expensive of 3,145 HUD counties; rent here has climbed 11.8% since FY 2025, a sharp move relative to most counties.

#503
most expensive of 3,145 US counties (2BR)
#14
most expensive of 30 in Alaska (2BR)
+1%
vs the state average
$48,440
income to afford it (30% rule)

General and Operations Managers spend the smallest share of income on rent here (12.1%), while Teaching Assistants, Except Postsecondary spend the most (47.6%); 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 Petersburg Borough, AK. Verify with HUD →

The Fair Market Rent for a 1-bedroom apartment in Petersburg Borough, Alaska is $1,211 per month in FY 2026, according to the U.S. Department of Housing and Urban Development (HUD). A 2-bedroom costs $1,463/mo and a studio is $1,049/mo. This is 26% higher than the national average of $959 and 1% above the Alaska average of $1,194.

Rent increased11.8% from FY 2025 ($1,083), outpacing inflation. A household needs about $48,440/year to stay under the 30% rent-to-income line.

Observed renter burden: 40.2% of the 383 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: 3,374. Population has held roughly steady over the past five years (+4.3%, Census ACS). That's faster than Alaska's statewide growth of -0.6% over the same period.

FMR filing desk

Area PETERSBURG·BOROUGH·AK·AK

Petersburg Borough, AK: $1,211/mo 1BR · #503 of 3145 counties (2BR) · FY2026

  • FMR-AREA AK
  • 1BR-FMR $1,211
  • 2BR-FMR $1,463
  • RANK-MID #503
  • YOY-SURGE +11.8%
  • VSUS-HIGH +26%
  • VS-ST-NEAR +1% AK
  • INC-ROOM 19%
  • POP-SMALL 3K
  • PHOTO-NEAR Anchorage Municipa
  • VOUCH-90-110 $1,090–$1,332
  • FY-2026 FY2026

Photo-finish peer: Anchorage Municipality ($32 1BR gap)

Read with: Understanding rent burden

Fair Market Rents (2026)

Studio
State avg: $1,061 · US avg: $893
$1,049/mo
↑ 7.5% YoY -1% vs state +17% vs US
1 Bedroom
State avg: $1,194 · US avg: $959
$1,211/mo
↑ 11.8% YoY +1% vs state +26% vs US
2 Bedroom
State avg: $1,467 · US avg: $1,175
$1,463/mo
↑ 7.2% YoY -0% vs state +25% vs US
3 Bedroom
State avg: $1,941 · US avg: $1,525
$1,754/mo
↑ 6.6% YoY -10% vs state +15% vs US
4 Bedroom
State avg: $2,304 · US avg: $1,756
$2,022/mo
↑ 4.0% YoY -12% vs state +15% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $976
$1,049
+$73 (+7.5%)
1 Bedroom $1,083
$1,211
+$128 (+11.8%)
2 Bedroom $1,365
$1,463
+$98 (+7.2%)
3 Bedroom $1,645
$1,754
+$109 (+6.6%)
4 Bedroom $1,944
$2,022
+$78 (+4.0%)

Rent Burden Analysis

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

Studio
16.3%
Affordable
Need $41,960/yr for 30% rule
1 Bedroom
18.9%
Affordable
Need $48,440/yr for 30% rule
2 Bedroom
22.8%
Affordable
Need $58,520/yr for 30% rule
3 Bedroom
27.3%
Affordable
Need $70,160/yr for 30% rule
4 Bedroom
31.5%
Burdened
Need $80,880/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%22.8%
Petersburg Borough 2-bedroom rent burden
County median income: $77,026 · National avg burden: 21.7% ·View Alaska rent burden →

Where Petersburg sits among every US county

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

$1,463 Top 16% higher than 84% 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%). This entry sits in this band. $1,600–$1,800: 172 counties (5%). Above this entry. $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 Petersburg compares on 1-bedroom rent

1-bedroom FMR vs other Alaska counties

1BR FMR / mo

What this shows Petersburg 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 ($1,243), Petersburg Borough (this county) ($1,211), 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 $1,211/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 12.1% Affordable
Software Developers $119,600 12.2% Affordable
Registered Nurses $110,690 13.1% Affordable
Police & Sheriff's Patrol Officers $100,300 14.5% Affordable
Accountants & Auditors $81,950 17.7% Affordable
Electricians $81,860 17.8% Affordable
Elementary School Teachers $76,290 19% Affordable
Heavy & Tractor-Trailer Truck Drivers $64,890 22.4% Affordable
Paralegals & Legal Assistants $61,120 23.8% Affordable
Pharmacy Technicians $50,440 28.8% Affordable
Customer Service Representatives $44,760 32.5% Stretched
Janitors & Cleaners $39,040 37.2% Stretched
Retail Salespersons $36,940 39.3% Stretched
Fast Food & Counter Workers $34,430 42.2% Stretched
Teaching Assistants $30,560 47.6% Stretched
Salaries: BLS OES (Alaska) median · 30% = affordable threshold · Try the salary calculator →

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

Over the 6-year span HUD has tracked for Petersburg (FY 2020-2026), the 1-bedroom Fair Market Rent has risen 26.5% overall, from $957 to $1,211. Most of that movement was gradual except for a single sharp jump of +12.6% in FY 2024, well above this county's typical year-to-year change.

$800$900$1,000$1,100$1,200$1,300 FY2020FY2021FY2022FY2023FY2024FY2025FY2026 $1,211
Petersburg Borough 1-bedroom Fair Market Rent, FY2020–FY2026
Year Studio 1 BR 2 BR
FY 2026 ↑11.8% $1,049 $1,211 $1,463
FY 2025 ↓1.5% $976 $1,083 $1,365
FY 2024 ↑12.6% $955 $1,099 $1,355
FY 2023 ↑6.2% $893 $976 $1,274
FY 2022 ↑6.6% $831 $919 $1,195
FY 2021 ↓9.9% $795 $862 $1,132
FY 2020 $767 $957 $1,177
Total change (6yr): +26.5%
Annualized: +4.0%/yr
1 BR: $957 → $1,211

Where Petersburg Borough Ranks in Alaska

Petersburg Borough is not part of any federally-designated metropolitan or micropolitan statistical area -- an independent rental market not administratively tied to a larger urban core. By 2-bedroom FMR, it ranks #17 of 30 counties in Alaska. Nearest by rank: Haines Borough ($1,321), Matanuska-Susitna Borough ($1,376), Aleutians East Borough ($1,385), Yakutat City and Borough ($1,388), Hoonah-Angoon Census Area ($1,460), Petersburg Borough (this county) ($1,463), Chugach Census Area ($1,506), Nome Census Area ($1,533), Sitka City and Borough ($1,566), Ketchikan Gateway Borough ($1,625), North Slope Borough ($1,625).

Nationwide peers by 2BR FMR & rent burden

Two PlainRent-derived comparison paths for Petersburg Borough, 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.

Nearby Counties in Alaska

Largest counties by population in Alaska

Showing the 8 largest of 29 other counties in Alaska.

Frequently Asked Questions

What is the average rent in Petersburg Borough?
The FY 2026 Fair Market Rent for a 1-bedroom in Petersburg Borough is $1,211 per month. A 2-bedroom is $1,463 and a studio is $1,049.
How does Petersburg Borough rent compare to the national average?
Rent in Petersburg Borough is 26% above the national average. A 1-bedroom here costs $1,211 compared to $959 nationally.
Where does Petersburg Borough rank nationally for Fair Market Rent?
According to HUD's FY 2026 Fair Market Rent schedule, Petersburg Borough's 2-bedroom FMR of $1,463 ranks #503 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 Petersburg Borough?
Based on the 30% affordability rule, you need an annual income of at least $48,440 ($4,037/month) to afford a 1-bedroom at Fair Market Rent in Petersburg Borough.
Is rent going up or down in Petersburg Borough?
The 1-bedroom Fair Market Rent in Petersburg Borough increased by 11.8% from FY 2025 to FY 2026, going from $1,083 to $1,211.
Which jobs can afford rent in Petersburg Borough?
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 $1,211/mo. 10 of 15 common occupations are affordable here.
How much has rent changed in Petersburg Borough over time?
The 1-bedroom Fair Market Rent in Petersburg Borough went from $957 in FY 2020 to $1,211 in FY 2026, a total change of +26.5% over 6 years.
How does Fair Market Rent affect Section 8 vouchers in Petersburg Borough?
In Petersburg Borough, the FY 2026 FMR of $1,211/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 Petersburg Borough?
For Petersburg Borough, it's the specific 40th-percentile rent HUD publishes each year ($1,211/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.

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.