AK/Anchorage Municipality County/ANCHORAGE
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ANCHORAGE, AK
CitySAFMR
Anchorage Municipality County
Found 23 ZIPs
Zillow
BRFMR
Eff. Rent
0 BR$1,040 – $1,480▲$1,040 – $1,330
1 BR$1,120 – $1,570▲$1,120 – $1,570
2 BR$1,470 – $2,060▲$1,470 – $2,060
3 BR$1,980 – $2,860▲$2,040 – $2,860
4 BR$2,370 – $3,460▲$2,370 – $2,940
5 BR$3,139▲—
6 BR$3,610▲—
7 BR$4,152▲—
8 BR$4,775▲—

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio· 1 ZIP
0.77ratio
FMR$1,150
Market$1,500
vs market-$350

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

Studio· 2 ZIPs
0.78–0.81ratio range
Median FMR$1,140
Median Market$1,445
vs market-$305

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

Studio· 1 ZIP
0.88ratio
FMR$1,070
Market$1,220
vs market-$150

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

Studio· 5 ZIPs
0.91–0.93ratio range
Median FMR$1,220
Median Market$1,310
vs market-$90

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

5
Studio· 2 ZIPs
0.97ratio range
Median FMR$1,330
Median Market$1,370
vs market-$40

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

Studio· 2 ZIPs
0.98–1.01ratio range
Median FMR$1,125
Median Market$1,130
vs market-$5

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

Studio· 1 ZIP
1.25ratio
FMR$1,480
Market$1,180
vs market+$300

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

0.77–1.25
1 BR
1 BR· 2 ZIPs
0.74–0.76ratio range
Median FMR$1,240
Median Market$1,655
vs market-$415

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

2
1 BR· 3 ZIPs
0.78–0.79ratio range
Median FMR$1,150
Median Market$1,480
vs market-$330

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

3
1 BR· 2 ZIPs
0.82–0.85ratio range
Median FMR$1,285
Median Market$1,535
vs market-$250

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

2
1 BR· 2 ZIPs
0.88–0.89ratio range
Median FMR$1,435
Median Market$1,620
vs market-$185

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

2
1 BR· 2 ZIPs
0.93ratio range
Median FMR$1,380
Median Market$1,480
vs market-$100

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2
1 BR· 1 ZIP
0.96ratio
FMR$1,350
Market$1,400
vs market-$50

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1 BR· 2 ZIPs
0.99ratio range
Median FMR$1,405
Median Market$1,420
vs market-$15

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2
0.74–0.99
2 BR
2 BR· 1 ZIP
0.61ratio
FMR$1,630
Market$2,660
vs market-$1,030

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

2 BR· 1 ZIP
0.66ratio
FMR$1,630
Market$2,460
vs market-$830

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

2 BR· 1 ZIP
0.72ratio
FMR$1,510
Market$2,100
vs market-$590

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

2 BR· 2 ZIPs
0.82–0.83ratio range
Median FMR$1,515
Median Market$1,840
vs market-$325

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

2
2 BR· 1 ZIP
0.87ratio
FMR$1,630
Market$1,880
vs market-$250

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

2 BR· 1 ZIP
0.91ratio
FMR$1,630
Market$1,800
vs market-$170

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2 BR· 2 ZIPs
0.95–0.97ratio range
Median FMR$1,720
Median Market$1,790
vs market-$70

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2
2 BR· 3 ZIPs
0.98–1.00ratio range
Median FMR$1,770
Median Market$1,800
vs market-$30

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

3
2 BR· 1 ZIP
1.03ratio
FMR$1,940
Market$1,880
vs market+$60

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2 BR· 1 ZIP
1.12ratio
FMR$2,060
Market$1,840
vs market+$220

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

0.61–1.12
3 BR
3 BR· 1 ZIP
0.71ratio
FMR$2,270
Market$3,180
vs market-$910

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

3 BR· 1 ZIP
0.77ratio
FMR$2,270
Market$2,930
vs market-$660

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

3 BR· 3 ZIPs
0.82–0.84ratio range
Median FMR$2,070
Median Market$2,470
vs market-$400

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

3
3 BR· 2 ZIPs
0.90ratio range
Median FMR$2,350
Median Market$2,605
vs market-$255

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2
3 BR· 4 ZIPs
0.95–0.97ratio range
Median FMR$2,315
Median Market$2,405
vs market-$90

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

4
3 BR· 2 ZIPs
1.00ratio range
Median FMR$2,695
Median Market$2,690
vs market+$5

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2
3 BR· 1 ZIP
1.06ratio
FMR$2,410
Market$2,270
vs market+$140

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.71–1.06
4 BR
4 BR· 1 ZIP
0.74ratio
FMR$2,730
Market$3,670
vs market-$940

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

4 BR· 4 ZIPs
0.92–0.94ratio range
Median FMR$2,685
Median Market$2,910
vs market-$225

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

4
4 BR· 1 ZIP
0.95ratio
FMR$2,730
Market$2,880
vs market-$150

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

4 BR· 3 ZIPs
0.98–1.01ratio range
Median FMR$2,730
Median Market$2,700
vs market+$30

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

3
4 BR· 4 ZIPs
1.02–1.05ratio range
Median FMR$2,850
Median Market$2,760
vs market+$90

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

4
4 BR· 1 ZIP
1.09ratio
FMR$3,050
Market$2,800
vs market+$250

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.74–1.09
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

ZIP Codes

Ranked by Investment Score (vs area median)

About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for ANCHORAGE, AK (AK) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

What is FMR?What is SAFMR?Data sourcesIncomplete geosView county page
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