FMR Lookup › Alaska › Fairbanks-College
Section 8 Fair Market Rent in Fairbanks-College, AK (FY2027)
HUD's official FY2027 Fair Market Rents for the Fairbanks-College, AK MSA, by bedroom count. These figures set the baseline for what the Housing Choice Voucher program pays landlords in this area.
| Unit size | FY2027 FMR | Payment standard range (90–110%) |
|---|---|---|
| Studio / efficiency | $1,081 | $973 – $1,189 |
| 1 bedroom | $1,187 | $1,068 – $1,306 |
| 2 bedrooms | $1,553 | $1,398 – $1,708 |
| 3 bedrooms | $2,150 | $1,935 – $2,365 |
| 4 bedrooms | $2,596 | $2,336 – $2,856 |
Source: HUD User — FY 2027 Fair Market Rents. FY2027 FMRs are effective October 1, 2026. FY2027 FMRs take effect October 1, 2026; until that date, the prior FY2026 schedule remains in effect. Retrieved 2026-09-07.
How this market compares
The 2-bedroom FMR here is $1,553 — 3% above the Alaska median of $1,513 across all 30 FMR areas in the state.
Counties and towns covered
The Fairbanks-College, AK FMR area is a metro area covering: Fairbanks North Star Borough. One FMR applies across the whole area — HUD does not publish separate figures per city or ZIP here (some large metros have Small Area FMRs by ZIP; check with the local housing authority).
What a landlord actually collects
FMR is the baseline, not the contract rent. The local housing authority sets a payment standard between 90% and 110% of FMR (the range in the table above), and your unit must pass a rent-reasonableness comparison against similar unassisted rentals nearby. The voucher then covers the gap between the tenant's share (roughly 30% of their income) and the approved rent.
Run the numbers for a deal in Fairbanks-College: Section 8 vs market rent, DSCR, or cash-on-cash return.
Comparable Alaska markets by 2BR FMR
| FMR area | 1 BR | 2 BR | 3 BR |
|---|---|---|---|
| Hoonah-Angoon Census Area | $1,197 | $1,566 | $1,866 |
| Chugach Census Area | $1,447 | $1,575 | $2,181 |
| Anchorage | $1,169 | $1,529 | $2,117 |
| Yakutat City and Borough | $1,262 | $1,577 | $1,879 |
| North Slope Borough | $1,373 | $1,521 | $2,090 |
| Petersburg Borough | $1,226 | $1,504 | $1,919 |
Informational only — not financial, legal, or lending advice. Confirm current payment standards with the housing authority serving Fairbanks-College.