FY2026 Fair Market Rents — Southeast Fairbanks Census Area
Studio
$942
1BR
$1,198
2BR
$1,313
3BR
$1,826
4BR
$2,162
Southeast Fairbanks Census Area, Alaska
FIPS 02240 · County-level FMR and income limit data
FMR Area: Southeast Fairbanks Census Area, AK
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $942 | $11,304 |
| 1-Bedroom | $1,198 | $14,376 |
| 2-Bedroom | $1,313 | $15,756 |
| 3-Bedroom | $1,826 | $21,912 |
| 4-Bedroom | $2,162 | $25,944 |
To afford the FY2026 2-bedroom FMR of $1,313/mo under the 30%-of-income rule, a household needs about
$52,520/yr ($4,377/mo). Area Median Income is $89,800.
At AK's state minimum wage of $13.00/hr, a worker would need to work 78 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $942 | $1,198 | $1,313 | $1,826 | $2,162 |
| FY2025 | $894 | $1,122 | $1,250 | $1,752 | $1,976 |
| FY2024 | $922 | $1,083 | $1,309 | $1,708 | $2,168 |
| FY2023 | $867 | $977 | $1,237 | $1,651 | $1,994 |
| FY2022 | $927 | $933 | $1,228 | $1,744 | $1,955 |
| FY2021 | $929 | $992 | $1,210 | $1,732 | $1,808 |
| FY2020 | $911 | $1,102 | $1,297 | $1,871 | $1,951 |
FY2026 Income Limits
Area Median Income: $89,800
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $22,250 | $27,050 | $34,150 | $41,250 | $48,350 | $55,450 |
| 50% AMI | $37,100 | $42,400 | $47,650 | $52,950 | $57,200 | $61,450 |
| 80% AMI | $59,300 | $67,800 | $76,250 | $84,700 | $91,500 | $98,300 |