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Kobuk, AK

CitySAFMR
Northwest Arctic Borough County
Found 1 ZIP
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City Median Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,400$1,400
1 BR$1,660$1,660
2 BR$2,010$2,010
3 BR$2,390$2,390
4 BR$2,640$2,640
5 BR$3,036Not available
6 BR$3,491Not available
7 BR$4,015Not available
8 BR$4,617Not available

Purchase Price Calculator

Maximum purchase price
$236,769

Cost breakdown

+Likely effective rent$2,010
HUD FMRUsed$2,010
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,197
Loan amount$189,415
Down payment$47,354
Rate6.50%
Term30 years
-Operating costs-$613
Property taxes-$237
Insurance-$175
Utilities$0
HOA$0
Management-$201
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$32,192(68.0% ROI)
Projected value
$254,974
Return breakdown
Property appreciation+$18,205
Loan principal paid down+$6,786
Rental cash flow+$7,200
5-year hold
+$55,215(116.6% ROI)
Projected value
$267,882
Return breakdown
Property appreciation+$31,113
Loan principal paid down+$12,102
Rental cash flow+$12,000
10-year hold
+$119,152(251.6% ROI)
Projected value
$303,084
Return breakdown
Property appreciation+$66,315
Loan principal paid down+$28,836
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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Kobuk, AK fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Kobuk, AK is $2,010 a month. That is up 18.2% from $1,700 in FY 2026. Kobuk is in the Northwest Arctic Borough, AK non-metropolitan 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 county-wide two-bedroom FMR of $2,005. The median county two-bedroom FMR in Alaska is $1,513, so Kobuk is 33% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Kobuk, AK
BedroomsFY 2027Change90–110% range
Studio$1,400+19.7%$1,260–$1,540
1BR$1,660+27.7%$1,494–$1,826
2BR$2,010+18.2%$1,809–$2,211
3BR$2,390+3.5%$2,151–$2,629
4BR$2,640−1.5%$2,376–$2,904

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Kobuk, AK
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,400$1,660$2,010$2,390$2,640
FY 2026$1,170$1,300$1,700$2,310$2,680
FY 2025$1,150$1,300$1,700$2,350$2,600
FY 2024area FMR$1,277$1,434$1,884$2,611$2,881
FY 2023area FMR$1,150$1,307$1,720$2,302$2,311

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Questions about Kobuk, AK rents

How much will Section 8 pay for a two-bedroom in Kobuk, AK?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $2,005, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,805 to $2,206 a month; under the ZIP-level Small Area FMR of $2,010 it would be $1,809 to $2,211. 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 Kobuk, AK in?

Kobuk, AK is in the Northwest Arctic Borough, AK non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $2,005.

How much did fair market rent change in Kobuk, AK for FY 2027?

The two-bedroom FMR rose 18.2%, from $1,700 in FY 2026 to $2,010 in FY 2027. Since FY 2025 it has risen 18.2%.

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