FY2026 Fair Market Rents — Wrangell City and Borough, AK
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$921
1BR
$928
2BR
$1,217
3BR
$1,682
4BR
$2,042
Hours/week at min wage
73 hrs
to afford the 2BR FMR @ $13.00/hr (AK)
YoY change (2BR)
+9.4%
+$105 vs FY2025 · 5-yr +33.7%
Voucher payment standard
$1,095–$1,339
PHAs set HCV payment at 90–110% of the 2BR FMR
Wrangell 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) | $921 | $11,052 |
| 1-Bedroom | $928 | $11,136 |
| 2-Bedroom | $1,217 | $14,604 |
| 3-Bedroom | $1,682 | $20,184 |
| 4-Bedroom | $2,042 | $24,504 |
Recent 2-Bedroom FMR Trend
FY2020 $1,009 → FY2026 $1,217
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $921 | $928 | $1,217 | $1,682 | $2,042 |
| FY2025 | $795 | $848 | $1,112 | $1,558 | $1,758 |
| FY2024 | $776 | $839 | $1,102 | $1,462 | $1,468 |
| FY2023 | $694 | $754 | $993 | $1,411 | $1,507 |
| FY2022 | $668 | $717 | $944 | $1,321 | $1,416 |
| FY2021 | $688 | $690 | $910 | $1,229 | $1,360 |
| FY2020 | $764 | $766 | $1,009 | $1,307 | $1,502 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $81,100
| 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
$14,604/yr
FMR as % of Area Median Income
18% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$48,680/yr
$4,057/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 | $709 | $811 | $912 | $1,094 | $1,175 |
| 60% AMI Maximum | $851 | $973 | $1,094 | $1,313 | $1,411 |
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 | $921 | $928 | $1,217 | $1,317 | $1,317 |
| Low HOME Rent | $927 | $1,060 | $1,191 | $1,323 | $1,430 |
Compare Wrangell 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