FY2026 Fair Market Rents — North Slope Borough
Studio
$1,115
1BR
$1,239
2BR
$1,625
3BR
$1,958
4BR
$2,664
North Slope Borough, Alaska
FIPS 02185 · County-level FMR and income limit data
FMR Area: North Slope Borough, AK
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,115 | $13,380 |
| 1-Bedroom | $1,239 | $14,868 |
| 2-Bedroom | $1,625 | $19,500 |
| 3-Bedroom | $1,958 | $23,496 |
| 4-Bedroom | $2,664 | $31,968 |
To afford the FY2026 2-bedroom FMR of $1,625/mo under the 30%-of-income rule, a household needs about
$65,000/yr ($5,417/mo). Area Median Income is $115,600.
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 | $1,115 | $1,239 | $1,625 | $1,958 | $2,664 |
| FY2025 | $1,238 | $1,376 | $1,805 | $2,175 | $2,393 |
| FY2024 | $1,288 | $1,447 | $1,901 | $2,299 | $2,532 |
| FY2023 | $1,188 | $1,349 | $1,776 | $2,162 | $2,386 |
| FY2022 | $1,074 | $1,224 | $1,611 | $1,991 | $2,185 |
| FY2021 | $1,070 | $1,077 | $1,419 | $1,765 | $1,924 |
| FY2020 | $1,111 | $1,190 | $1,482 | $1,847 | $2,008 |
FY2026 Income Limits
Area Median Income: $115,600
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $24,300 | $27,800 | $34,150 | $41,250 | $48,350 | $55,450 |
| 50% AMI | $40,500 | $46,250 | $52,050 | $57,800 | $62,450 | $67,050 |
| 80% AMI | $64,750 | $74,000 | $83,250 | $92,500 | $99,900 | $107,300 |