Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,631$19,572 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Anchorage Municipality, AK
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Anchorage Municipality, AK
Calculations assume standard housing affordability guidelines where shelter costs consume no more than 30% of gross income, based on full-time employment of 2,080 annual working hours.
| Bedroom Type | Monthly Rent | Annual Rent | Min. Annual Income | Hourly Wage (40h/wk) |
|---|---|---|---|---|
| Studio / Efficiency | $1,152 | $13,824 | $46,080 | $22.15/hr |
| 1-Bedroom Apartment | $1,243 | $14,916 | $49,720 | $23.90/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,631 | $19,572 | $65,240 | $31.37/hr |
| 3-Bedroom Home | $2,268 | $27,216 | $90,720 | $43.62/hr |
| 4-Bedroom Home | $2,736 | $32,832 | $109,440 | $52.62/hr |
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Frequently Asked Questions About Rent in Anchorage Municipality, AK
What is the Fair Market Rent for a 2-bedroom in Anchorage Municipality, AK?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Anchorage Municipality, AK is $1,631 per month ($19,572 per year).
What hourly wage is needed to afford rent in Anchorage Municipality, AK?
To comfortably afford a 2-bedroom apartment at $1,631/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $31.37 per hour ($65,240/year).
What are the HUD Fair Market Rents by bedroom count in Anchorage Municipality, AK?
Official 2026 HUD rents in Anchorage Municipality, AK are: Studio: $1,152/mo, 1-Bedroom: $1,243/mo, 2-Bedroom: $1,631/mo, 3-Bedroom: $2,268/mo, and 4-Bedroom: $2,736/mo.
How do HUD Fair Market Rents compare to local incomes in Anchorage Municipality, AK?
At the local Census ACS median household income of $103,284/year ($8,607/month), the benchmark 2-bedroom Fair Market Rent represents 18.9% of monthly income.
How is the 30% housing affordability standard calculated in Anchorage Municipality, AK?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,631/month, the required minimum annual gross income is calculated as ($1,631 × 12) ÷ 0.30 = $65,240 per year.