Alaska · FIPS 02240 · HUD FY 2027
Southeast Fairbanks Census Area, Alaska Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Southeast Fairbanks Census Area is $1,327 a month (rent plus utilities), 13% below the Alaska average of $1,519 and 25% below the U.S. average of $1,761. That is up $14 (1.1%) from FY 2026. At 30% of income, a household needs about $53,080 a year to afford it.
- $1,3272-bedroom FMR+$14 (+1.1%) vs FY 2026
- $1,2191-bedroom FMRAlaska: $1,187 · U.S.: $1,478
- $53,080Income for a 2-bedroom$26/hour full-time
- 19 of 302BR rank in Alaska1 = highest rent
| Unit | Southeast Fairbanks Census Area FY 2027 | FY 2026 | Change | Alaska avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $962 | $942 | +$20 (+2.1%) | $1,098 | $1,379 | $38,480 |
| 1 bedroom | $1,219 | $1,198 | +$21 (+1.8%) | $1,187 | $1,478 | $48,760 |
| 2 bedrooms | $1,327 | $1,313 | +$14 (+1.1%) | $1,519 | $1,761 | $53,080 |
| 3 bedrooms | $1,837 | $1,826 | +$11 (+0.6%) | $2,070 | $2,266 | $73,480 |
| 4 bedrooms | $2,181 | $2,162 | +$19 (+0.9%) | $2,484 | $2,607 | $87,240 |
How Southeast Fairbanks Census Area compares
- Southeast Fairbanks Census Area 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: $962, $1,219, $1,327, $1,837, $2,181. 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 7 ZIP codes mostly in Southeast Fairbanks Census Area (by land area), the 2-bedroom figure ranges from $1,190 to $1,510.
Small Area FMRs by ZIP code in Southeast Fairbanks Census Area
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 99706 | $1,050 | $1,260 | $1,510 | $2,100 | $2,540 | no change | 14% above |
| 99732 | $850 | $1,080 | $1,190 | $1,650 | $1,950 | +$60 (+5.3%) | 10% below |
| 99737 | $990 | $1,260 | $1,370 | $1,900 | $2,250 | +$30 (+2.2%) | 3% above |
| 99738 | $890 | $1,080 | $1,190 | $1,650 | $1,950 | +$60 (+5.3%) | 10% below |
| 99764 | $850 | $1,080 | $1,190 | $1,650 | $1,950 | +$60 (+5.3%) | 10% below |
| 99776 | $850 | $1,080 | $1,190 | $1,650 | $1,950 | +$60 (+5.3%) | 10% below |
| 99780 | $850 | $1,080 | $1,190 | $1,650 | $1,950 | +$60 (+5.3%) | 10% 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.