FY2026 Fair Market Rents — Skagway Municipality, AK
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$1,133
1BR
$1,253
2BR
$1,644
3BR
$2,245
4BR
$2,708
Hours/week at min wage
98 hrs
to afford the 2BR FMR @ $13.00/hr (AK)
YoY change (2BR)
+3.1%
+$49 vs FY2025 · 5-yr +30%
Voucher payment standard
$1,480–$1,808
PHAs set HCV payment at 90–110% of the 2BR FMR
Skagway Municipality, AK
Non-Metropolitan area · AK · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,133 | $13,596 |
| 1-Bedroom | $1,253 | $15,036 |
| 2-Bedroom | $1,644 | $19,728 |
| 3-Bedroom | $2,245 | $26,940 |
| 4-Bedroom | $2,708 | $32,496 |
Recent 2-Bedroom FMR Trend
FY2020 $1,380 → FY2026 $1,644
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,133 | $1,253 | $1,644 | $2,245 | $2,708 |
| FY2025 | $1,094 | $1,216 | $1,595 | $1,922 | $2,521 |
| FY2024 | $1,046 | $1,174 | $1,543 | $1,866 | $2,359 |
| FY2023 | $963 | $1,072 | $1,389 | $1,690 | $2,108 |
| FY2022 | $919 | $1,060 | $1,313 | $1,623 | $1,969 |
| FY2021 | $897 | $1,063 | $1,265 | $1,618 | $1,890 |
| FY2020 | $995 | $1,177 | $1,380 | $1,797 | $2,054 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $134,800
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $27,150 | $31,000 | $34,900 | $41,250 | $48,350 | $55,450 |
| 50% AMI (Very Low) | $45,250 | $51,700 | $58,150 | $64,600 | $69,750 | $74,950 |
| 80% AMI (Low) | $72,350 | $82,700 | $93,050 | $103,350 | $111,650 | $119,900 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$19,728/yr
FMR as % of Area Median Income
14.6% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$65,760/yr
$5,480/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 | $1,179 | $1,348 | $1,516 | $1,819 | $1,954 |
| 60% AMI Maximum | $1,415 | $1,617 | $1,819 | $2,183 | $2,345 |
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 | $1,133 | $1,253 | $1,644 | $2,190 | $2,190 |
| Low HOME Rent | $1,131 | $1,292 | $1,453 | $1,615 | $1,743 |
Compare Skagway Municipality, 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