FY2026 Fair Market Rents — Northwest Arctic Borough
Studio
$1,331
1BR
$1,471
2BR
$1,930
3BR
$2,547
4BR
$2,676
Northwest Arctic Borough, Alaska
FIPS 02188 · County-level FMR and income limit data
FMR Area: Northwest Arctic Borough, AK
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,331 | $15,972 |
| 1-Bedroom | $1,471 | $17,652 |
| 2-Bedroom | $1,930 | $23,160 |
| 3-Bedroom | $2,547 | $30,564 |
| 4-Bedroom | $2,676 | $32,112 |
To afford the FY2026 2-bedroom FMR of $1,930/mo under the 30%-of-income rule, a household needs about
$77,200/yr ($6,433/mo). Area Median Income is $88,400.
At AK's state minimum wage of $13.00/hr, a worker would need to work 115 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,331 | $1,471 | $1,930 | $2,547 | $2,676 |
| FY2025 | $1,290 | $1,434 | $1,881 | $2,560 | $2,973 |
| FY2024 | $1,277 | $1,434 | $1,884 | $2,611 | $2,881 |
| FY2023 | $1,150 | $1,307 | $1,720 | $2,302 | $2,311 |
| FY2022 | $1,015 | $1,161 | $1,528 | $2,064 | $2,072 |
| FY2021 | $1,115 | $1,122 | $1,385 | $1,871 | $1,878 |
| FY2020 | $1,205 | $1,213 | $1,412 | $1,906 | $1,913 |
FY2026 Income Limits
Area Median Income: $88,400
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $23,650 | $27,050 | $34,150 | $41,250 | $48,350 | $55,450 |
| 50% AMI | $39,400 | $45,000 | $50,650 | $56,250 | $60,750 | $65,250 |
| 80% AMI | $63,000 | $72,000 | $81,000 | $90,000 | $97,200 | $104,400 |