FY2026 Fair Market Rents — Anchorage Municipality
Studio
$1,152
1BR
$1,243
2BR
$1,631
3BR
$2,268
4BR
$2,736
Anchorage Municipality, Alaska
FIPS 02020 · County-level FMR and income limit data
FMR Area: Anchorage, AK HUD Metro FMR Area
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 |
To afford the FY2026 2-bedroom FMR of $1,631/mo under the 30%-of-income rule, a household needs about
$65,240/yr ($5,437/mo). Area Median Income is $135,100.
At AK's state minimum wage of $13.00/hr, a worker would need to work 97 hours/week to afford that rent.
Recent FMR Trend
| 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 |
FY2026 Income Limits
Area Median Income: $135,100
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $28,400 | $32,450 | $36,500 | $41,250 | $48,350 | $55,450 |
| 50% AMI | $47,300 | $54,050 | $60,800 | $67,550 | $73,000 | $78,400 |
| 80% AMI | $74,800 | $85,450 | $96,150 | $106,800 | $115,350 | $123,900 |