FY2026 Fair Market Rents — Skagway Municipality
Studio
$1,133
1BR
$1,253
2BR
$1,644
3BR
$2,245
4BR
$2,708
Skagway Municipality, Alaska
FIPS 02230 · County-level FMR and income limit data
FMR Area: Skagway Municipality, AK
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,133 | $13,596 |
| 1-Bedroom | $1,253 | $15,036 |
| 2-Bedroom | $1,644 | $19,728 |
| 3-Bedroom | $2,245 | $26,940 |
| 4-Bedroom | $2,708 | $32,496 |
To afford the FY2026 2-bedroom FMR of $1,644/mo under the 30%-of-income rule, a household needs about
$65,760/yr ($5,480/mo). Area Median Income is $134,800.
At AK's state minimum wage of $13.00/hr, a worker would need to work 98 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,133 | $1,253 | $1,644 | $2,245 | $2,708 |
| FY2025 | $1,094 | $1,216 | $1,595 | $1,922 | $2,521 |
| FY2024 | $1,046 | $1,174 | $1,543 | $1,866 | $2,359 |
| FY2023 | $963 | $1,072 | $1,389 | $1,690 | $2,108 |
| FY2022 | $919 | $1,060 | $1,313 | $1,623 | $1,969 |
| FY2021 | $897 | $1,063 | $1,265 | $1,618 | $1,890 |
| FY2020 | $995 | $1,177 | $1,380 | $1,797 | $2,054 |
FY2026 Income Limits
Area Median Income: $134,800
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $27,150 | $31,000 | $34,900 | $41,250 | $48,350 | $55,450 |
| 50% AMI | $45,250 | $51,700 | $58,150 | $64,600 | $69,750 | $74,950 |
| 80% AMI | $72,350 | $82,700 | $93,050 | $103,350 | $111,650 | $119,900 |