FMR Lookup › Alaska › Fairbanks-College
Section 8 Fair Market Rent in Fairbanks-College, AK (FY2026)
HUD's official FY2026 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 | FY2026 FMR | Payment standard range (90–110%) |
|---|---|---|
| Studio / efficiency | $1,156 | $1,040 – $1,272 |
| 1 bedroom | $1,277 | $1,149 – $1,405 |
| 2 bedrooms | $1,676 | $1,508 – $1,844 |
| 3 bedrooms | $2,331 | $2,098 – $2,564 |
| 4 bedrooms | $2,812 | $2,531 – $3,093 |
Source: HUD User — FY 2026 Fair Market Rents. FY2026 FMRs are effective October 1, 2025. Retrieved 2026-06-11.
How this market compares
The 2-bedroom FMR here is $1,676 — 18% above the Alaska median of $1,424 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 |
|---|---|---|---|
| Skagway Municipality | $1,253 | $1,644 | $2,245 |
| Anchorage | $1,243 | $1,631 | $2,268 |
| Ketchikan Gateway Borough | $1,238 | $1,625 | $2,260 |
| North Slope Borough | $1,239 | $1,625 | $1,958 |
| Juneau City and Borough | $1,340 | $1,758 | $2,368 |
| Sitka City and Borough | $1,350 | $1,566 | $2,178 |
Informational only — not financial, legal, or lending advice. Confirm current payment standards with the housing authority serving Fairbanks-College.