Southeast Fairbanks Census Area, 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).

$1,3272-bedroom FMR, FY2027

$1,2191-bedroom FMR, FY2027

$84,70080% income limit, family of 4 (FY2026)

$89,800Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Southeast Fairbanks Census Area is $1,327 a month, up 1.1% from $1,313 in FY2026. Southeast Fairbanks Census Area belongs to the Southeast Fairbanks Census Area, 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 Southeast Fairbanks Census Area by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$962	$942	+2.1%	$866 – $1,058
1 bedroom	$1,219	$1,198	+1.8%	$1,098 – $1,340
2 bedrooms	$1,327	$1,313	+1.1%	$1,195 – $1,459
3 bedrooms	$1,837	$1,826	+0.6%	$1,654 – $2,020
4 bedrooms	$2,181	$2,162	+0.9%	$1,963 – $2,399

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 Southeast Fairbanks Census Area that is typically $1,195 to $1,459 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?

$54,464median income of renter households

$1,351Median gross rent, all units

30%Rent-to-income ratio (median rent ÷ median renter income)

39%of renter households pay 30% or more of income on rent

At the 30% rule, a renter household earning the local median of $54,464 can afford about $1,362 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $1,327 is $35 (2.5%) less than that. To rent a two-bedroom at the FMR, a household needs $53,080 a year under the 30% rule, or $47,772 under the common landlord rule that income must be three times the rent.

Southeast Fairbanks Census Area, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$1,351 ±$208
Median income of renter households	$54,464 ±$18,062
Renters paying 30% or more of income (cost-burdened)	38.7% ±13.6
Renters paying 50% or more (severely cost-burdened)	11.5% ±7.7
Renter households (where the share can be computed)	426

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$1,042	$1,351	+29.7%
Median renter household income	$52,813	$54,464	+3.1%
Renters paying 30%+ of income	32.2%	38.7%	+6.5 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 Southeast Fairbanks Census Area (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $89,800 (FY2025: $96,300, −6.7%). 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%)	$22,250 +9.9%	$27,050 +2.3%	$34,150 +2.5%	$41,250 +2.6%	$48,350 +2.7%	$55,450 +2.8%	$62,550 +4.7%	$69,650 +9.5%
Very low income (50%)	$37,100 +9.9%	$42,400 +10.0%	$47,650 +9.9%	$52,950 +10.0%	$57,200 +9.9%	$61,450 +9.9%	$65,700 +10.0%	$69,900 +9.9%
Low income (80%)	$59,300 +9.9%	$67,800 +10.0%	$76,250 +9.9%	$84,700 +9.9%	$91,500 +9.9%	$98,300 +10.0%	$105,050 +9.9%	$111,850 +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.