Alaska · FIPS 02170 · HUD FY 2027
Matanuska-Susitna Borough, Alaska Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Matanuska-Susitna Borough is $1,293 a month (rent plus utilities), 15% below the Alaska average of $1,519 and 27% below the U.S. average of $1,761. That is down $83 (6.0%) from FY 2026. At 30% of income, a household needs about $51,720 a year to afford it.
- $1,2932-bedroom FMR−$83 (−6.0%) vs FY 2026
- $9881-bedroom FMRAlaska: $1,187 · U.S.: $1,478
- $51,720Income for a 2-bedroom$25/hour full-time
- 23 of 302BR rank in Alaska1 = highest rent
| Unit | Matanuska-Susitna Borough FY 2027 | FY 2026 | Change | Alaska avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $929 | $1,015 | −$86 (−8.5%) | $1,098 | $1,379 | $37,160 |
| 1 bedroom | $988 | $1,049 | −$61 (−5.8%) | $1,187 | $1,478 | $39,520 |
| 2 bedrooms | $1,293 | $1,376 | −$83 (−6.0%) | $1,519 | $1,761 | $51,720 |
| 3 bedrooms | $1,790 | $1,914 | −$124 (−6.5%) | $2,070 | $2,266 | $71,600 |
| 4 bedrooms | $2,161 | $2,308 | −$147 (−6.4%) | $2,484 | $2,607 | $86,440 |
How Matanuska-Susitna Borough compares
- HUD sets this rent for the Matanuska-Susitna Borough, AK metro FMR area, which covers 112,988 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: $929, $988, $1,293, $1,790, $2,161. 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 11 ZIP codes mostly in Matanuska-Susitna Borough (by land area), the 2-bedroom figure ranges from $1,240 to $1,510.
Small Area FMRs by ZIP code in Matanuska-Susitna Borough
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 99623 | $1,080 | $1,150 | $1,510 | $2,090 | $2,520 | −$50 (−3.2%) | 17% above |
| 99645 | $1,010 | $1,070 | $1,400 | $1,940 | $2,340 | −$50 (−3.4%) | 8% above |
| 99652 | $920 | $950 | $1,240 | $1,730 | $2,080 | −$10 (−0.8%) | 4% below |
| 99654 | $920 | $960 | $1,260 | $1,740 | $2,110 | −$90 (−6.7%) | 3% below |
| 99667 | $930 | $990 | $1,290 | $1,790 | $2,160 | −$90 (−6.5%) | about the same as |
| 99674 | $920 | $980 | $1,240 | $1,730 | $2,080 | −$90 (−6.8%) | 4% below |
| 99676 | $1,060 | $1,120 | $1,470 | $2,040 | $2,460 | −$30 (−2.0%) | 14% above |
| 99683 | $950 | $1,000 | $1,310 | $1,820 | $2,200 | −$70 (−5.1%) | 1% above |
| 99688 | $920 | $950 | $1,240 | $1,730 | $2,080 | −$70 (−5.3%) | 4% below |
| 99694 | $920 | $950 | $1,240 | $1,730 | $2,080 | −$30 (−2.4%) | 4% below |
| 99729 | $920 | $980 | $1,240 | $1,730 | $2,080 | −$10 (−0.8%) | 4% below |
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.