North Slope Borough, AK: Fair Market Rent 2027 and Income Limits

Official HUD figures for landlords and renters, effective October 1, 2026 (rents) and May 1, 2026 (income limits).

$1,5212-bedroom FMR, FY2027

$1,3731-bedroom FMR, FY2027

$92,50080% income limit, family of 4 (FY2026)

$115,600Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in North Slope Borough is $1,521 a month, down 6.4% from $1,625 in FY2026. North Slope Borough belongs to the North Slope Borough, AK FMR area (non-metro county), so the same figures apply across that area. FMRs are gross rents: rent plus all tenant-paid utilities except phone, cable and internet.

Fair market rent in North Slope Borough by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$1,108	$1,115	−0.6%	$998 – $1,218
1 bedroom	$1,373	$1,239	+10.8%	$1,236 – $1,510
2 bedrooms	$1,521	$1,625	−6.4%	$1,369 – $1,673
3 bedrooms	$2,090	$1,958	+6.7%	$1,881 – $2,299
4 bedrooms	$2,542	$2,664	−4.6%	$2,288 – $2,796

Source: HUD Fair Market Rents FY2027 (effective October 1, 2026) and FY2026 (revised file), details.

What can a landlord charge a Section 8 tenant here?

The FMR is not a cap on what you can ask on the open market. For a Housing Choice Voucher tenant, the local housing authority sets a payment standard, normally between 90% and 110% of the FMR (or of the ZIP-level Small Area FMR where those apply). For a two-bedroom unit in North Slope Borough that is typically $1,369 to $1,673 including utilities. You can charge more than the payment standard if the rent passes the housing authority's rent-reasonableness test and, at move-in, the tenant's share stays within 40% of their adjusted monthly income. Ask the housing authority for its current payment standard schedule.

Can local renters afford the fair market rent?

$92,167median income of renter households

$1,254Median gross rent, all units

16%Rent-to-income ratio (median rent ÷ median renter income)

30%of renter households pay 30% or more of income on rent

At the 30% rule, a renter household earning the local median of $92,167 can afford about $2,304 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $1,521 is $783 (34.0%) less than that. To rent a two-bedroom at the FMR, a household needs $60,840 a year under the 30% rule, or $54,756 under the common landlord rule that income must be three times the rent.

North Slope Borough, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$1,254 ±$134
Median income of renter households	$92,167 ±$24,512
Renters paying 30% or more of income (cost-burdened)	29.6% ±8.9
Renters paying 50% or more (severely cost-burdened)	8.8% ±5.7
Renter households (where the share can be computed)	972

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$1,000	$1,254	+25.4%
Median renter household income	$80,662	$92,167	+14.3%
Renters paying 30%+ of income	25.3%	29.6%	+4.3 pts

Rent-to-income calculator: does an applicant qualify? → · Most affordable counties to rent in this state →

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates 2020–2024 and 2015–2019 (tables B25064, B25119, B25070). ± = margin of error at 90% confidence. Dollar figures are not adjusted for inflation.

HUD income limits for North Slope Borough (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $115,600 (FY2025: $102,200, +13.1%). Small figures under each limit show the change from FY2025.

Household size	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
Extremely low income (30%)	$24,300 +10.0%	$27,800 +5.2%	$34,150 +2.5%	$41,250 +2.6%	$48,350 +2.7%	$55,450 +2.8%	$62,550 +2.8%	$69,650 +2.9%
Very low income (50%)	$40,500 +9.9%	$46,250 +9.9%	$52,050 +9.9%	$57,800 +9.9%	$62,450 +9.9%	$67,050 +9.8%	$71,700 +9.9%	$76,300 +9.9%
Low income (80%)	$64,750 +9.8%	$74,000 +9.9%	$83,250 +9.9%	$92,500 +9.9%	$99,900 +9.9%	$107,300 +9.9%	$114,700 +9.9%	$122,100 +9.9%

The 30% limit is HUD's “extremely low income” limit: the higher of 30% of median income or the federal poverty guideline, but never above the 50% limit. That is why it can rise faster than 30% of median for larger households. Tax-credit (LIHTC) properties use separate Multifamily Tax Subsidy Project limits.

Source: HUD Section 8 Income Limits FY2026 (effective May 1, 2026) and FY2025, details.