Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,313$15,756 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Southeast Fairbanks Census Area, AK
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Southeast Fairbanks 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 | $942 | $11,304 | $37,680 | $18.12/hr |
| 1-Bedroom Apartment | $1,198 | $14,376 | $47,920 | $23.04/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,313 | $15,756 | $52,520 | $25.25/hr |
| 3-Bedroom Home | $1,826 | $21,912 | $73,040 | $35.12/hr |
| 4-Bedroom Home | $2,162 | $25,944 | $86,480 | $41.58/hr |
See comprehensive cost of living profile for Southeast Fairbanks Census Area, AK →
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Frequently Asked Questions About Rent in Southeast Fairbanks Census Area, AK
What is the Fair Market Rent for a 2-bedroom in Southeast Fairbanks Census Area, AK?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Southeast Fairbanks Census Area, AK is $1,313 per month ($15,756 per year).
What hourly wage is needed to afford rent in Southeast Fairbanks Census Area, AK?
To comfortably afford a 2-bedroom apartment at $1,313/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $25.25 per hour ($52,520/year).
What are the HUD Fair Market Rents by bedroom count in Southeast Fairbanks Census Area, AK?
Official 2026 HUD rents in Southeast Fairbanks Census Area, AK are: Studio: $942/mo, 1-Bedroom: $1,198/mo, 2-Bedroom: $1,313/mo, 3-Bedroom: $1,826/mo, and 4-Bedroom: $2,162/mo.
How do HUD Fair Market Rents compare to local incomes in Southeast Fairbanks Census Area, AK?
At the local Census ACS median household income of $73,882/year ($6,157/month), the benchmark 2-bedroom Fair Market Rent represents 21.3% of monthly income.
How is the 30% housing affordability standard calculated in Southeast Fairbanks 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 $1,313/month, the required minimum annual gross income is calculated as ($1,313 × 12) ÷ 0.30 = $52,520 per year.