FY2026 Fair Market Rents — Denali Borough
Studio
$851
1BR
$935
2BR
$1,187
3BR
$1,651
4BR
$1,955
Denali Borough, Alaska
FIPS 02068 · County-level FMR and income limit data
FMR Area: Denali Borough, AK
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $851 | $10,212 |
| 1-Bedroom | $935 | $11,220 |
| 2-Bedroom | $1,187 | $14,244 |
| 3-Bedroom | $1,651 | $19,812 |
| 4-Bedroom | $1,955 | $23,460 |
To afford the FY2026 2-bedroom FMR of $1,187/mo under the 30%-of-income rule, a household needs about
$47,480/yr ($3,957/mo). Area Median Income is $146,200.
At AK's state minimum wage of $13.00/hr, a worker would need to work 71 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $851 | $935 | $1,187 | $1,651 | $1,955 |
| FY2025 | $896 | $975 | $1,271 | $1,663 | $1,944 |
| FY2024 | $995 | $1,083 | $1,412 | $1,847 | $2,159 |
| FY2023 | $1,021 | $1,106 | $1,456 | $1,772 | $2,210 |
| FY2022 | $1,016 | $1,110 | $1,461 | $1,806 | $2,191 |
| FY2021 | $1,020 | $1,111 | $1,453 | $1,807 | $2,171 |
| FY2020 | $1,081 | $1,184 | $1,539 | $1,918 | $2,291 |
FY2026 Income Limits
Area Median Income: $146,200
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $30,700 | $35,100 | $39,500 | $43,850 | $48,350 | $55,450 |
| 50% AMI | $51,200 | $58,500 | $65,800 | $73,100 | $78,950 | $84,800 |
| 80% AMI | $74,800 | $85,450 | $96,150 | $106,800 | $115,350 | $123,900 |