What is the Fair Market Rent for a 2-bedroom in Prince of Wales-Hyder Census Area, AK?

The HUD Fair Market Rent for a 2-bedroom unit in Prince of Wales-Hyder Census Area, AK is $1,153 per month for fiscal year 2026. The studio FMR is $827, 1-bedroom is $1,030, 3-bedroom is $1,464, and 4-bedroom is $1,899.

What income do you need to afford the FMR in Prince of Wales-Hyder Census Area, AK?

Using the standard 30%-of-income affordability rule, a household would need to earn about $46,120 per year ($3,843 per month) to afford the FY2026 2-bedroom Fair Market Rent of $1,153 in Prince of Wales-Hyder Census Area, AK.

FY2026 Fair Market Rents — Prince of Wales-Hyder Census Area, AK

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

Studio

$827

1BR

$1,030

2BR

$1,153

3BR

$1,464

4BR

$1,899

Hours/week at min wage

69 hrs

to afford the 2BR FMR @ $13.00/hr (AK)

YoY change (2BR)

+10%

+$105 vs FY2025 · 5-yr +13.5%

Voucher payment standard

$1,038–$1,268

PHAs set HCV payment at 90–110% of the 2BR FMR

Prince of Wales-Hyder 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)	$827	$9,924
1-Bedroom	$1,030	$12,360
2-Bedroom	$1,153	$13,836
3-Bedroom	$1,464	$17,568
4-Bedroom	$1,899	$22,788

Recent 2-Bedroom FMR Trend

FY2020 $1,115 → FY2026 $1,153

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$827	$1,030	$1,153	$1,464	$1,899
FY2025	$873	$946	$1,048	$1,392	$1,445
FY2024	$840	$927	$1,041	$1,413	$1,420
FY2023	$764	$866	$1,020	$1,331	$1,370
FY2022	$744	$796	$1,016	$1,256	$1,378
FY2021	$735	$771	$1,016	$1,264	$1,378
FY2020	$810	$847	$1,115	$1,389	$1,510

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $82,300

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$22,250	$27,050	$34,150	$41,250	$48,350	$55,450
50% AMI (Very Low)	$37,100	$42,400	$47,650	$52,950	$57,200	$61,450
80% AMI (Low)	$59,300	$67,800	$76,250	$84,700	$91,500	$98,300

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$13,836/yr

FMR as % of Area Median Income

16.8% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$46,120/yr

$3,843/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	$720	$823	$925	$1,111	$1,193
60% AMI Maximum	$864	$987	$1,111	$1,333	$1,432

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	$827	$1,030	$1,153	$1,337	$1,337
Low HOME Rent	$927	$1,060	$1,191	$1,323	$1,430

Compare Prince of Wales-Hyder 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

Prince of Wales-Hyder Census Area