Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,460$17,520 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Hoonah-Angoon Census Area, AK
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Hoonah-Angoon Census Area, 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 | $1,007 | $12,084 | $40,280 | $19.37/hr |
| 1-Bedroom Apartment | $1,113 | $13,356 | $44,520 | $21.40/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,460 | $17,520 | $58,400 | $28.08/hr |
| 3-Bedroom Home | $1,751 | $21,012 | $70,040 | $33.67/hr |
| 4-Bedroom Home | $1,933 | $23,196 | $77,320 | $37.17/hr |
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Frequently Asked Questions About Rent in Hoonah-Angoon Census Area, AK
What is the Fair Market Rent for a 2-bedroom in Hoonah-Angoon Census Area, AK?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Hoonah-Angoon Census Area, AK is $1,460 per month ($17,520 per year).
What hourly wage is needed to afford rent in Hoonah-Angoon Census Area, AK?
To comfortably afford a 2-bedroom apartment at $1,460/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $28.08 per hour ($58,400/year).
What are the HUD Fair Market Rents by bedroom count in Hoonah-Angoon Census Area, AK?
Official 2026 HUD rents in Hoonah-Angoon Census Area, AK are: Studio: $1,007/mo, 1-Bedroom: $1,113/mo, 2-Bedroom: $1,460/mo, 3-Bedroom: $1,751/mo, and 4-Bedroom: $1,933/mo.
How do HUD Fair Market Rents compare to local incomes in Hoonah-Angoon Census Area, AK?
At the local Census ACS median household income of $61,406/year ($5,117/month), the benchmark 2-bedroom Fair Market Rent represents 28.5% of monthly income.
How is the 30% housing affordability standard calculated in Hoonah-Angoon Census Area, AK?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,460/month, the required minimum annual gross income is calculated as ($1,460 × 12) ÷ 0.30 = $58,400 per year.