FY2026 Fair Market Rents — Chugach Census Area, AK

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio
$1,038
1BR
$1,374
2BR
$1,506
3BR
$2,094
4BR
$2,526
Hours/week at min wage
90 hrs
to afford the 2BR FMR @ $13.00/hr (AK)
YoY change (2BR)
+3.6%
+$53 vs FY2025
Voucher payment standard
$1,355–$1,657
PHAs set HCV payment at 90–110% of the 2BR FMR

Chugach Census Area, AK

Non-Metropolitan area · AK · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $1,038 $12,456
1-Bedroom $1,374 $16,488
2-Bedroom $1,506 $18,072
3-Bedroom $2,094 $25,128
4-Bedroom $2,526 $30,312

Recent 2-Bedroom FMR Trend

FY2023 $1,282 → FY2026 $1,506
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2026 $1,038 $1,374 $1,506 $2,094 $2,526
FY2025 $1,039 $1,136 $1,453 $1,948 $2,297
FY2024 $989 $1,077 $1,404 $1,837 $2,147
FY2023 $899 $974 $1,282 $1,663 $1,946

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $114,600

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $24,100 $27,550 $34,150 $41,250 $48,350 $55,450
50% AMI (Very Low) $40,150 $45,850 $51,600 $57,300 $61,900 $66,500
80% AMI (Low) $64,200 $73,400 $82,550 $91,700 $99,050 $106,400

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$18,072/yr
FMR as % of Area Median Income
15.8% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$60,240/yr
$5,020/mo gross income

FY2026 LIHTC Maximum Rents

Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →

AMI Band Studio 1BR 2BR 3BR 4BR
50% AMI Maximum $1,002 $1,146 $1,289 $1,547 $1,661
60% AMI Maximum $1,203 $1,375 $1,547 $1,856 $1,994

FY2026 HOME Program Rent Limits

Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →

Limit Type Studio 1BR 2BR 3BR 4BR
High HOME Rent $1,038 $1,374 $1,506 $1,862 $1,862
Low HOME Rent $1,003 $1,146 $1,290 $1,432 $1,547

Compare Chugach Census Area, AK With Other AK Metros

vs. Anchorage, AK HUD Metro FMR Area vs. Fairbanks, AK MSA vs. Matanuska-Susitna Borough, AK HUD Metro FMR Area

Counties in This FMR Area

Chugach Census Area

Related Pages