FY2026 Fair Market Rents — Denali Borough, AK

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

Studio
$851
1BR
$935
2BR
$1,187
3BR
$1,651
4BR
$1,955
Hours/week at min wage
71 hrs
to afford the 2BR FMR @ $13.00/hr (AK)
YoY change (2BR)
-6.6%
$84 vs FY2025 · 5-yr -18.3%
Voucher payment standard
$1,068–$1,306
PHAs set HCV payment at 90–110% of the 2BR FMR

Denali Borough, AK

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

FY2026 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $851 $10,212
1-Bedroom $935 $11,220
2-Bedroom $1,187 $14,244
3-Bedroom $1,651 $19,812
4-Bedroom $1,955 $23,460

Recent 2-Bedroom FMR Trend

FY2020 $1,539 → FY2026 $1,187
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2026 $851 $935 $1,187 $1,651 $1,955
FY2025 $896 $975 $1,271 $1,663 $1,944
FY2024 $995 $1,083 $1,412 $1,847 $2,159
FY2023 $1,021 $1,106 $1,456 $1,772 $2,210
FY2022 $1,016 $1,110 $1,461 $1,806 $2,191
FY2021 $1,020 $1,111 $1,453 $1,807 $2,171
FY2020 $1,081 $1,184 $1,539 $1,918 $2,291

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $146,200

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $30,700 $35,100 $39,500 $43,850 $48,350 $55,450
50% AMI (Very Low) $51,200 $58,500 $65,800 $73,100 $78,950 $84,800
80% AMI (Low) $74,800 $85,450 $96,150 $106,800 $115,350 $123,900

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$14,244/yr
FMR as % of Area Median Income
9.7% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$47,480/yr
$3,957/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 $1,279 $1,462 $1,644 $1,973 $2,119
60% AMI Maximum $1,535 $1,754 $1,973 $2,368 $2,543

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 $851 $935 $1,187 $1,651 $1,955
Low HOME Rent $1,280 $1,462 $1,645 $1,827 $1,973

Compare Denali Borough, 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

Denali Borough

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