Metro FMR area · AK · HUD FY 2027

Matanuska-Susitna Borough, AK Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Matanuska-Susitna Borough, AK area is $1,293 a month, 15% below the Alaska average and 27% below the U.S. average of $1,761. ZIP-level Small Area FMRs for its 13 ZIP codes range from $1,240 to $1,510.

$1,2932-bedroom FMR−$83 (−6.0%) vs FY 2026
$9881-bedroom FMRU.S.: $1,478
$51,720Income for a 2-bedroomat 30% of income
112,988Residents1 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$1,293/month

2-bedroom Fair Market Rent and the income it needs
Area	Fair Market Rent	Income needed	Share of your income
Matanuska-Susitna Borough, AK FMR	$1,293	$51,720	–
Alaska average	$1,519	$60,770	–
U.S. average	$1,761	$70,432	–

Matanuska-Susitna Borough, AK Fair Market Rents, FY 2027 vs FY 2026
Unit	Matanuska-Susitna Borough, AK 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

Counties in this FMR area

Counties in the Matanuska-Susitna Borough, AK FMR area
County	Residents in area
Matanuska-Susitna Borough, AK	112,988

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 $1,260.

Filter ZIP codes

FY 2027 Small Area Fair Market Rents, Matanuska-Susitna Borough, AK
ZIP	Studio	1BR	2BR	3BR	4BR	2BR vs FY 2026	2BR vs area FMR
99588	$920	$1,040	$1,250	$1,730	$2,090	no change	3% below
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
99687	$930	$990	$1,290	$1,790	$2,160	−$90 (−6.5%)	about the same as
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).

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.