Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,930$23,160 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Northwest Arctic Borough, AK
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Northwest Arctic 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 | $1,331 | $15,972 | $53,240 | $25.60/hr |
| 1-Bedroom Apartment | $1,471 | $17,652 | $58,840 | $28.29/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,930 | $23,160 | $77,200 | $37.12/hr |
| 3-Bedroom Home | $2,547 | $30,564 | $101,880 | $48.98/hr |
| 4-Bedroom Home | $2,676 | $32,112 | $107,040 | $51.46/hr |
See comprehensive cost of living profile for Northwest Arctic Borough, AK →
Explore Related Regional Profiles
Connect housing costs with earnings, taxes, and price levels across Alaska:
Frequently Asked Questions About Rent in Northwest Arctic Borough, AK
What is the Fair Market Rent for a 2-bedroom in Northwest Arctic Borough, AK?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Northwest Arctic Borough, AK is $1,930 per month ($23,160 per year).
What hourly wage is needed to afford rent in Northwest Arctic Borough, AK?
To comfortably afford a 2-bedroom apartment at $1,930/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $37.12 per hour ($77,200/year).
What are the HUD Fair Market Rents by bedroom count in Northwest Arctic Borough, AK?
Official 2026 HUD rents in Northwest Arctic Borough, AK are: Studio: $1,331/mo, 1-Bedroom: $1,471/mo, 2-Bedroom: $1,930/mo, 3-Bedroom: $2,547/mo, and 4-Bedroom: $2,676/mo.
How do HUD Fair Market Rents compare to local incomes in Northwest Arctic Borough, AK?
At the local Census ACS median household income of $84,018/year ($7,002/month), the benchmark 2-bedroom Fair Market Rent represents 27.6% of monthly income.
How is the 30% housing affordability standard calculated in Northwest Arctic Borough, AK?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,930/month, the required minimum annual gross income is calculated as ($1,930 × 12) ÷ 0.30 = $77,200 per year.