Metro FMR area · AK · HUD FY 2027

Anchorage, AK Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Anchorage, AK area is $1,529 a month, 1% above the Alaska average and 13% below the U.S. average of $1,761. ZIP-level Small Area FMRs for its 29 ZIP codes range from $1,470 to $2,290.

$1,5292-bedroom FMR−$102 (−6.3%) vs FY 2026
$1,1691-bedroom FMRU.S.: $1,478
$61,160Income for a 2-bedroomat 30% of income
288,976Residents1 county

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Household income ($ per year, before tax)

Default: the income a 2-bedroom here needs at 30%.

Unit size

Rent you can afford at 30% of income$1,529/month

2-bedroom Fair Market Rent and the income it needs
Area	Fair Market Rent	Income needed	Share of your income
Anchorage, AK FMR	$1,529	$61,160	–
Alaska average	$1,519	$60,770	–
U.S. average	$1,761	$70,432	–

Anchorage, AK Fair Market Rents, FY 2027 vs FY 2026
Unit	Anchorage, AK 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

Counties in this FMR area

Counties in the Anchorage, AK FMR area
County	Residents in area
Anchorage Municipality, AK	288,976

Small Area FMRs by ZIP code

Small Area FMRs apply to Housing Choice Vouchers where HUD requires them or the housing authority opts in; otherwise the metro FMR above applies. The median ZIP’s 2-bedroom SAFMR is $1,530.

Filter ZIP codes

FY 2027 Small Area Fair Market Rents, Anchorage, AK
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
99503	$1,520	$1,550	$1,750	$2,100	$2,470	+$40 (+2.3%)	14% 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
99509	$1,100	$1,170	$1,530	$2,120	$2,560	−$100 (−6.1%)	about the same as
99510	$1,100	$1,170	$1,530	$2,120	$2,560	−$100 (−6.1%)	about the same as
99511	$1,100	$1,170	$1,530	$2,120	$2,560	−$100 (−6.1%)	about the same as
99513	$1,100	$1,170	$1,530	$2,120	$2,560	−$100 (−6.1%)	about the same as
99514	$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
99519	$1,080	$1,340	$1,480	$2,050	$2,470	−$150 (−9.2%)	3% below
99520	$1,100	$1,170	$1,530	$2,120	$2,560	−$100 (−6.1%)	about the same as
99521	$1,100	$1,170	$1,530	$2,120	$2,560	−$100 (−6.1%)	about the same as
99522	$1,100	$1,170	$1,530	$2,120	$2,560	−$100 (−6.1%)	about the same as
99523	$1,100	$1,170	$1,530	$2,120	$2,560	−$100 (−6.1%)	about the same as
99524	$1,100	$1,170	$1,530	$2,120	$2,560	−$100 (−6.1%)	about the same as
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
99599	$1,100	$1,170	$1,530	$2,120	$2,560	−$100 (−6.1%)	about the same as

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).

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.