FY2026 Fair Market Rents — Wrangell City and Borough
Studio
$921
1BR
$928
2BR
$1,217
3BR
$1,682
4BR
$2,042
Wrangell City and Borough, Alaska
FIPS 02275 · County-level FMR and income limit data
FMR Area: Wrangell City and Borough, AK
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $921 | $11,052 |
| 1-Bedroom | $928 | $11,136 |
| 2-Bedroom | $1,217 | $14,604 |
| 3-Bedroom | $1,682 | $20,184 |
| 4-Bedroom | $2,042 | $24,504 |
To afford the FY2026 2-bedroom FMR of $1,217/mo under the 30%-of-income rule, a household needs about
$48,680/yr ($4,057/mo). Area Median Income is $81,100.
At AK's state minimum wage of $13.00/hr, a worker would need to work 73 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $921 | $928 | $1,217 | $1,682 | $2,042 |
| FY2025 | $795 | $848 | $1,112 | $1,558 | $1,758 |
| FY2024 | $776 | $839 | $1,102 | $1,462 | $1,468 |
| FY2023 | $694 | $754 | $993 | $1,411 | $1,507 |
| FY2022 | $668 | $717 | $944 | $1,321 | $1,416 |
| FY2021 | $688 | $690 | $910 | $1,229 | $1,360 |
| FY2020 | $764 | $766 | $1,009 | $1,307 | $1,502 |
FY2026 Income Limits
Area Median Income: $81,100
| 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 |