FY2026 Fair Market Rents — Northwest Arctic Borough, AK
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$1,331
1BR
$1,471
2BR
$1,930
3BR
$2,547
4BR
$2,676
Hours/week at min wage
115 hrs
to afford the 2BR FMR @ $13.00/hr (AK)
YoY change (2BR)
+2.6%
+$49 vs FY2025 · 5-yr +39.4%
Voucher payment standard
$1,737–$2,123
PHAs set HCV payment at 90–110% of the 2BR FMR
Northwest Arctic 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) | $1,331 | $15,972 |
| 1-Bedroom | $1,471 | $17,652 |
| 2-Bedroom | $1,930 | $23,160 |
| 3-Bedroom | $2,547 | $30,564 |
| 4-Bedroom | $2,676 | $32,112 |
Recent 2-Bedroom FMR Trend
FY2020 $1,412 → FY2026 $1,930
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,331 | $1,471 | $1,930 | $2,547 | $2,676 |
| FY2025 | $1,290 | $1,434 | $1,881 | $2,560 | $2,973 |
| FY2024 | $1,277 | $1,434 | $1,884 | $2,611 | $2,881 |
| FY2023 | $1,150 | $1,307 | $1,720 | $2,302 | $2,311 |
| FY2022 | $1,015 | $1,161 | $1,528 | $2,064 | $2,072 |
| FY2021 | $1,115 | $1,122 | $1,385 | $1,871 | $1,878 |
| FY2020 | $1,205 | $1,213 | $1,412 | $1,906 | $1,913 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $88,400
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $23,650 | $27,050 | $34,150 | $41,250 | $48,350 | $55,450 |
| 50% AMI (Very Low) | $39,400 | $45,000 | $50,650 | $56,250 | $60,750 | $65,250 |
| 80% AMI (Low) | $63,000 | $72,000 | $81,000 | $90,000 | $97,200 | $104,400 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$23,160/yr
FMR as % of Area Median Income
26.2% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$77,200/yr
$6,433/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 | $773 | $884 | $994 | $1,193 | $1,281 |
| 60% AMI Maximum | $928 | $1,060 | $1,193 | $1,432 | $1,538 |
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 | $1,331 | $1,436 | $1,436 | $1,436 | $1,436 |
| Low HOME Rent | $985 | $1,125 | $1,266 | $1,406 | $1,518 |
Compare Northwest Arctic 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