FY2026 Fair Market Rents — Sitka City and Borough, AK
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$1,099
1BR
$1,350
2BR
$1,566
3BR
$2,178
4BR
$2,627
Hours/week at min wage
93 hrs
to afford the 2BR FMR @ $13.00/hr (AK)
YoY change (2BR)
+4.5%
+$68 vs FY2025 · 5-yr +32.8%
Voucher payment standard
$1,409–$1,723
PHAs set HCV payment at 90–110% of the 2BR FMR
Sitka City and 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) | $1,099 | $13,188 |
| 1-Bedroom | $1,350 | $16,200 |
| 2-Bedroom | $1,566 | $18,792 |
| 3-Bedroom | $2,178 | $26,136 |
| 4-Bedroom | $2,627 | $31,524 |
Recent 2-Bedroom FMR Trend
FY2020 $1,293 → FY2026 $1,566
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,099 | $1,350 | $1,566 | $2,178 | $2,627 |
| FY2025 | $1,048 | $1,248 | $1,498 | $2,099 | $2,516 |
| FY2024 | $1,044 | $1,221 | $1,466 | $2,066 | $2,488 |
| FY2023 | $956 | $1,110 | $1,316 | $1,870 | $2,228 |
| FY2022 | $907 | $1,040 | $1,229 | $1,715 | $2,009 |
| FY2021 | $862 | $1,008 | $1,179 | $1,667 | $2,010 |
| FY2020 | $950 | $1,085 | $1,293 | $1,846 | $2,233 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $123,800
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $26,050 | $29,750 | $34,150 | $41,250 | $48,350 | $55,450 |
| 50% AMI (Very Low) | $43,350 | $49,550 | $55,750 | $61,900 | $66,900 | $71,850 |
| 80% AMI (Low) | $69,350 | $79,250 | $89,150 | $99,050 | $107,000 | $114,900 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$18,792/yr
FMR as % of Area Median Income
15.2% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$62,640/yr
$5,220/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 | $1,083 | $1,238 | $1,392 | $1,671 | $1,795 |
| 60% AMI Maximum | $1,299 | $1,485 | $1,671 | $2,005 | $2,154 |
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 | $1,099 | $1,350 | $1,566 | $2,011 | $2,011 |
| Low HOME Rent | $1,083 | $1,238 | $1,393 | $1,547 | $1,672 |
Compare Sitka City and 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