FMR is below market; voucher rent may lag private rents.
0.67
1 BR
1 BR- 99577
0.75ratio
FMR$1,400
Market$1,860
vs market-$460
FMR is below market; voucher rent may lag private rents.
0.75
2 BR
2 BR- 99577
0.86ratio
FMR$1,830
Market$2,120
vs market-$290
FMR is below market; voucher rent may lag private rents.
0.86
3 BR
3 BR- 99577
0.92ratio
FMR$2,540
Market$2,750
vs market-$210
FMR is near market; voucher and private rents are aligned.
0.92
4 BR
4 BR- 99577
0.97ratio
FMR$3,070
Market$3,150
vs market-$80
FMR is near market; voucher and private rents are aligned.
0.97
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Eagle River, AK fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Eagle River, AK is $1,830 a month. That is down 9.9% from $2,030 in FY 2026. Eagle River is in the Anchorage, AK HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,529. The median county two-bedroom FMR in Alaska is $1,513, so Eagle River is 21% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Eagle River, AK
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,430
$1,310
−8.4%
$1,179–$1,441
1BR
$1,550
$1,400
−9.7%
$1,260–$1,540
2BR
$2,030
$1,830
−9.9%
$1,647–$2,013
3BR
$2,820
$2,540
−9.9%
$2,286–$2,794
4BR
$3,410
$3,070
−10.0%
$2,763–$3,377
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Eagle River, AK
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,310
$1,400
$1,830
$2,540
$3,070
FY 2026
$1,430
$1,550
$2,030
$2,820
$3,410
FY 2025
$1,440
$1,580
$2,070
$2,900
$3,480
FY 2024
$1,370
$1,520
$2,000
$2,820
$3,390
FY 2023
$1,300
$1,440
$1,890
$2,690
$3,220
Questions about Eagle River, AK rents
How much will Section 8 pay for a two-bedroom in Eagle River, AK?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,529, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,376 to $1,682 a month; under the ZIP-level Small Area FMR of $1,830 it would be $1,647 to $2,013. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Eagle River, AK in?
Eagle River, AK is in the Anchorage, AK HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,529.
How much did fair market rent change in Eagle River, AK for FY 2027?
The two-bedroom FMR fell 9.9%, from $2,030 in FY 2026 to $1,830 in FY 2027. Since FY 2023 it has fallen 3.2%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set