FY2026 Fair Market Rents — Anchorage, AK HUD Metro FMR Area
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$1,152
1BR
$1,243
2BR
$1,631
3BR
$2,268
4BR
$2,736
Hours/week at min wage
97 hrs
to afford the 2BR FMR @ $13.00/hr (AK)
National rank
#159
of 661 U.S. metros (top 25% most expensive)
YoY change (2BR)
+4.4%
+$68 vs FY2025 · 5-yr +33.7%
Voucher payment standard
$1,468–$1,794
PHAs set HCV payment at 90–110% of the 2BR FMR
Anchorage, AK HUD Metro FMR Area
Metropolitan area · AK · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,152 | $13,824 |
| 1-Bedroom | $1,243 | $14,916 |
| 2-Bedroom | $1,631 | $19,572 |
| 3-Bedroom | $2,268 | $27,216 |
| 4-Bedroom | $2,736 | $32,832 |
Recent 2-Bedroom FMR Trend
FY2020 $1,305 → FY2026 $1,631
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,152 | $1,243 | $1,631 | $2,268 | $2,736 |
| FY2025 | $1,089 | $1,191 | $1,563 | $2,190 | $2,625 |
| FY2024 | $996 | $1,107 | $1,454 | $2,049 | $2,467 |
| FY2023 | $932 | $1,027 | $1,352 | $1,921 | $2,303 |
| FY2022 | $877 | $948 | $1,248 | $1,773 | $2,136 |
| FY2021 | $877 | $926 | $1,220 | $1,746 | $2,112 |
| FY2020 | $935 | $991 | $1,305 | $1,883 | $2,291 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $135,100
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $28,400 | $32,450 | $36,500 | $41,250 | $48,350 | $55,450 |
| 50% AMI (Very Low) | $47,300 | $54,050 | $60,800 | $67,550 | $73,000 | $78,400 |
| 80% AMI (Low) | $74,800 | $85,450 | $96,150 | $106,800 | $115,350 | $123,900 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$19,572/yr
FMR as % of Area Median Income
14.5% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$65,240/yr
$5,437/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 | $1,182 | $1,351 | $1,519 | $1,823 | $1,958 |
| 60% AMI Maximum | $1,418 | $1,621 | $1,823 | $2,188 | $2,350 |
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 | $1,152 | $1,243 | $1,631 | $2,195 | $2,195 |
| Low HOME Rent | $1,182 | $1,351 | $1,520 | $1,688 | $1,825 |