Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,533$18,396 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Nome Census Area, AK
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Nome 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 | $1,227 | $14,724 | $49,080 | $23.60/hr |
| 1-Bedroom Apartment | $1,334 | $16,008 | $53,360 | $25.65/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,533 | $18,396 | $61,320 | $29.48/hr |
| 3-Bedroom Home | $2,132 | $25,584 | $85,280 | $41.00/hr |
| 4-Bedroom Home | $2,525 | $30,300 | $101,000 | $48.56/hr |
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Frequently Asked Questions About Rent in Nome Census Area, AK
What is the Fair Market Rent for a 2-bedroom in Nome Census Area, AK?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Nome Census Area, AK is $1,533 per month ($18,396 per year).
What hourly wage is needed to afford rent in Nome Census Area, AK?
To comfortably afford a 2-bedroom apartment at $1,533/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $29.48 per hour ($61,320/year).
What are the HUD Fair Market Rents by bedroom count in Nome Census Area, AK?
Official 2026 HUD rents in Nome Census Area, AK are: Studio: $1,227/mo, 1-Bedroom: $1,334/mo, 2-Bedroom: $1,533/mo, 3-Bedroom: $2,132/mo, and 4-Bedroom: $2,525/mo.
How do HUD Fair Market Rents compare to local incomes in Nome Census Area, AK?
At the local Census ACS median household income of $78,681/year ($6,557/month), the benchmark 2-bedroom Fair Market Rent represents 23.4% of monthly income.
How is the 30% housing affordability standard calculated in Nome 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 $1,533/month, the required minimum annual gross income is calculated as ($1,533 × 12) ÷ 0.30 = $61,320 per year.