Alaska · FIPS 02164 · HUD FY 2027
Lake and Peninsula Borough, Alaska Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Lake and Peninsula Borough is $1,050 a month (rent plus utilities), 31% below the Alaska average of $1,519 and 40% below the U.S. average of $1,761. That is up $20 (1.9%) from FY 2026. At 30% of income, a household needs about $42,000 a year to afford it.
- $1,0502-bedroom FMR+$20 (+1.9%) vs FY 2026
- $9091-bedroom FMRAlaska: $1,187 · U.S.: $1,478
- $42,000Income for a 2-bedroom$20/hour full-time
- 29 of 302BR rank in Alaska1 = highest rent
| Unit | Lake and Peninsula Borough FY 2027 | FY 2026 | Change | Alaska avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $761 | $739 | +$22 (+3.0%) | $1,098 | $1,379 | $30,440 |
| 1 bedroom | $909 | $894 | +$15 (+1.7%) | $1,187 | $1,478 | $36,360 |
| 2 bedrooms | $1,050 | $1,030 | +$20 (+1.9%) | $1,519 | $1,761 | $42,000 |
| 3 bedrooms | $1,444 | $1,391 | +$53 (+3.8%) | $2,070 | $2,266 | $57,760 |
| 4 bedrooms | $1,755 | $1,596 | +$159 (+10.0%) | $2,484 | $2,607 | $70,200 |
How Lake and Peninsula Borough compares
- Lake and Peninsula Borough is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across Alaska, 2-bedroom FMRs run from $1,030 (Kusilvak Census Area) to $2,394 (Aleutians West Census Area).
- Studio to 4-bedroom: $761, $909, $1,050, $1,444, $1,755. 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 14 ZIP codes mostly in Lake and Peninsula Borough (by land area), the 2-bedroom figure ranges from $1,050 to $1,640.
Small Area FMRs by ZIP code in Lake and Peninsula Borough
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 99548 | $760 | $910 | $1,050 | $1,440 | $1,760 | +$20 (+1.9%) | same |
| 99549 | $760 | $910 | $1,050 | $1,440 | $1,760 | +$20 (+1.9%) | same |
| 99564 | $760 | $910 | $1,050 | $1,440 | $1,760 | +$20 (+1.9%) | same |
| 99565 | $760 | $910 | $1,050 | $1,440 | $1,760 | +$20 (+1.9%) | same |
| 99579 | $760 | $910 | $1,050 | $1,440 | $1,760 | +$20 (+1.9%) | same |
| 99606 | $900 | $1,130 | $1,240 | $1,720 | $2,040 | no change | 18% above |
| 99613 | $900 | $1,130 | $1,240 | $1,720 | $2,040 | no change | 18% above |
| 99625 | $760 | $910 | $1,050 | $1,440 | $1,760 | +$20 (+1.9%) | same |
| 99640 | $1,440 | $1,450 | $1,640 | $1,970 | $2,170 | −$180 (−9.9%) | 56% above |
| 99647 | $760 | $910 | $1,050 | $1,440 | $1,760 | +$20 (+1.9%) | same |
| 99648 | $760 | $910 | $1,050 | $1,440 | $1,760 | +$20 (+1.9%) | same |
| 99649 | $760 | $910 | $1,050 | $1,440 | $1,760 | +$20 (+1.9%) | same |
| 99653 | $760 | $910 | $1,050 | $1,440 | $1,760 | no change | same |
| 99695 | $760 | $910 | $1,050 | $1,440 | $1,760 | +$20 (+1.9%) | same |
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.