FY2026 Fair Market Rents — Kenai Peninsula Borough, AK
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$993
1BR
$1,000
2BR
$1,312
3BR
$1,825
4BR
$2,201
Hours/week at min wage
78 hrs
to afford the 2BR FMR @ $13.00/hr (AK)
YoY change (2BR)
+5.4%
+$67 vs FY2025 · 5-yr +21.8%
Voucher payment standard
$1,181–$1,443
PHAs set HCV payment at 90–110% of the 2BR FMR
Kenai Peninsula 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) | $993 | $11,916 |
| 1-Bedroom | $1,000 | $12,000 |
| 2-Bedroom | $1,312 | $15,744 |
| 3-Bedroom | $1,825 | $21,900 |
| 4-Bedroom | $2,201 | $26,412 |
Recent 2-Bedroom FMR Trend
FY2020 $1,192 → FY2026 $1,312
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $993 | $1,000 | $1,312 | $1,825 | $2,201 |
| FY2025 | $943 | $949 | $1,245 | $1,745 | $2,091 |
| FY2024 | $984 | $990 | $1,301 | $1,833 | $2,090 |
| FY2023 | $901 | $903 | $1,179 | $1,676 | $1,895 |
| FY2022 | $815 | $820 | $1,072 | $1,507 | $1,662 |
| FY2021 | $814 | $817 | $1,077 | $1,494 | $1,624 |
| FY2020 | $896 | $905 | $1,192 | $1,604 | $1,723 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $110,100
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $23,150 | $27,050 | $34,150 | $41,250 | $48,350 | $55,450 |
| 50% AMI (Very Low) | $38,550 | $44,050 | $49,550 | $55,050 | $59,500 | $63,900 |
| 80% AMI (Low) | $61,700 | $70,500 | $79,300 | $88,100 | $95,150 | $102,200 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$15,744/yr
FMR as % of Area Median Income
14.3% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$52,480/yr
$4,373/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 | $963 | $1,101 | $1,238 | $1,486 | $1,596 |
| 60% AMI Maximum | $1,156 | $1,321 | $1,486 | $1,783 | $1,915 |
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 | $993 | $1,000 | $1,312 | $1,789 | $1,789 |
| Low HOME Rent | $963 | $1,101 | $1,238 | $1,376 | $1,487 |
Compare Kenai Peninsula 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