Alaska · FIPS 02020 · HUD FY 2027
Anchorage Municipality, Alaska Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Anchorage Municipality is $1,529 a month (rent plus utilities), 1% above the Alaska average of $1,519 and 13% below the U.S. average of $1,761. That is down $102 (6.3%) from FY 2026. At 30% of income, a household needs about $61,160 a year to afford it.
- $1,5292-bedroom FMR−$102 (−6.3%) vs FY 2026
- $1,1691-bedroom FMRAlaska: $1,187 · U.S.: $1,478
- $61,160Income for a 2-bedroom$29/hour full-time
- 14 of 302BR rank in Alaska1 = highest rent
| Unit | Anchorage Municipality FY 2027 | FY 2026 | Change | Alaska avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $1,095 | $1,152 | −$57 (−4.9%) | $1,098 | $1,379 | $43,800 |
| 1 bedroom | $1,169 | $1,243 | −$74 (−6.0%) | $1,187 | $1,478 | $46,760 |
| 2 bedrooms | $1,529 | $1,631 | −$102 (−6.3%) | $1,519 | $1,761 | $61,160 |
| 3 bedrooms | $2,117 | $2,268 | −$151 (−6.7%) | $2,070 | $2,266 | $84,680 |
| 4 bedrooms | $2,556 | $2,736 | −$180 (−6.6%) | $2,484 | $2,607 | $102,240 |
How Anchorage Municipality compares
- HUD sets this rent for the Anchorage, AK metro FMR area, which covers 288,976 residents in 1 county.
- Across Alaska, 2-bedroom FMRs run from $1,030 (Kusilvak Census Area) to $2,394 (Aleutians West Census Area).
- Studio to 4-bedroom: $1,095, $1,169, $1,529, $2,117, $2,556. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 17 ZIP codes mostly in Anchorage Municipality (by land area), the 2-bedroom figure ranges from $1,470 to $2,290.
Small Area FMRs by ZIP code in Anchorage Municipality
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 99501 | $1,060 | $1,130 | $1,480 | $2,050 | $2,470 | −$30 (−2.0%) | 3% below |
| 99502 | $1,200 | $1,280 | $1,670 | $2,310 | $2,790 | −$100 (−5.6%) | 9% above |
| 99504 | $1,150 | $1,230 | $1,610 | $2,230 | $2,690 | −$120 (−6.9%) | 5% above |
| 99505 | $1,640 | $1,750 | $2,290 | $3,170 | $3,830 | −$160 (−6.5%) | 50% above |
| 99506 | $1,480 | $1,570 | $2,060 | $2,850 | $3,440 | −$160 (−7.2%) | 35% above |
| 99507 | $1,170 | $1,250 | $1,630 | $2,260 | $2,720 | −$120 (−6.9%) | 7% above |
| 99508 | $1,080 | $1,150 | $1,510 | $2,090 | $2,520 | −$50 (−3.2%) | 1% below |
| 99513 | $1,100 | $1,170 | $1,530 | $2,120 | $2,560 | −$100 (−6.1%) | about the same as |
| 99515 | $1,280 | $1,370 | $1,790 | $2,480 | $2,990 | −$150 (−7.7%) | 17% above |
| 99516 | $1,330 | $1,420 | $1,860 | $2,580 | $3,120 | −$200 (−9.7%) | 22% above |
| 99517 | $1,040 | $1,120 | $1,470 | $2,050 | $2,470 | no change | 4% below |
| 99518 | $1,220 | $1,310 | $1,710 | $2,370 | $2,860 | −$110 (−6.0%) | 12% above |
| 99530 | $1,100 | $1,170 | $1,530 | $2,120 | $2,560 | −$100 (−6.1%) | about the same as |
| 99540 | $1,290 | $1,380 | $1,810 | $2,500 | $3,020 | −$80 (−4.2%) | 18% above |
| 99567 | $1,090 | $1,170 | $1,530 | $2,120 | $2,560 | −$160 (−9.5%) | about the same as |
| 99577 | $1,310 | $1,400 | $1,830 | $2,540 | $3,070 | −$200 (−9.9%) | 20% above |
| 99587 | $1,220 | $1,310 | $1,710 | $2,370 | $2,860 | +$240 (+16.3%) | 12% above |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.