FMR History — Wade Hampton Census Area, AK
Historical Fair Market Rents from FY2017 to FY2019. Current FMR page →
The 2-bedroom FMR in Wade Hampton Census Area, AK has changed from $971 in FY2017 to $931 in FY2019 — a -4.1% change over 2 years.
| Fiscal Year | Studio | 1BR | 2BR | YoY 2BR | 2BR in FY2019 $ | 3BR | 4BR |
|---|---|---|---|---|---|---|---|
| FY2019 (Latest) | $661 | $813 | $931 | +0.9% | $931 | $1,166 | $1,258 |
| FY2018 | $659 | $804 | $923 | -4.9% | $940 | $1,157 | $1,257 |
| FY2017 | $697 | $760 | $971 | — | $1,013 | $1,215 | $1,338 |
Related Pages
Understanding FMR Trends
Fair Market Rents are published each fall for the upcoming fiscal year (October through September). HUD adjusts FMRs annually based on local rental market surveys, American Community Survey (ACS) data, and Consumer Price Index (CPI) adjustments. Periods of rapid rent growth — such as the 2021–2023 period of post-pandemic inflation — are reflected in sharp FMR increases, while periods of market cooling may produce flat or modestly rising FMRs.
Historical data is useful for housing advocates, economists, and policymakers analyzing long-term trends in housing affordability. A rising FMR generally indicates a tightening rental market; a FMR that grows slower than household incomes suggests improving affordability, while one that outpaces income growth signals worsening cost burden.