Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,625$19,500 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Ketchikan Gateway Borough, AK
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Ketchikan Gateway Borough, 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 | $1,120 | $13,440 | $44,800 | $21.54/hr |
| 1-Bedroom Apartment | $1,238 | $14,856 | $49,520 | $23.81/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,625 | $19,500 | $65,000 | $31.25/hr |
| 3-Bedroom Home | $2,260 | $27,120 | $90,400 | $43.46/hr |
| 4-Bedroom Home | $2,726 | $32,712 | $109,040 | $52.42/hr |
See comprehensive cost of living profile for Ketchikan Gateway Borough, AK →
Explore Related Regional Profiles
Connect housing costs with earnings, taxes, and price levels across Alaska:
Frequently Asked Questions About Rent in Ketchikan Gateway Borough, AK
What is the Fair Market Rent for a 2-bedroom in Ketchikan Gateway Borough, AK?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Ketchikan Gateway Borough, AK is $1,625 per month ($19,500 per year).
What hourly wage is needed to afford rent in Ketchikan Gateway Borough, AK?
To comfortably afford a 2-bedroom apartment at $1,625/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $31.25 per hour ($65,000/year).
What are the HUD Fair Market Rents by bedroom count in Ketchikan Gateway Borough, AK?
Official 2026 HUD rents in Ketchikan Gateway Borough, AK are: Studio: $1,120/mo, 1-Bedroom: $1,238/mo, 2-Bedroom: $1,625/mo, 3-Bedroom: $2,260/mo, and 4-Bedroom: $2,726/mo.
How do HUD Fair Market Rents compare to local incomes in Ketchikan Gateway Borough, AK?
At the local Census ACS median household income of $92,885/year ($7,740/month), the benchmark 2-bedroom Fair Market Rent represents 21% of monthly income.
How is the 30% housing affordability standard calculated in Ketchikan Gateway Borough, AK?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,625/month, the required minimum annual gross income is calculated as ($1,625 × 12) ÷ 0.30 = $65,000 per year.