Kenai Peninsula Borough
FY 2026 HUD Fair Market Rents in Alaska. Population: 59,235.
Fair Market Rents (2026)
Studio
National avg: $893
$993/mo
↑ 5.3% YoY
+11% vs US
1 Bedroom
National avg: $959
$1,000/mo
↑ 5.4% YoY
+4% vs US
2 Bedroom
National avg: $1,175
$1,312/mo
↑ 5.4% YoY
+12% vs US
3 Bedroom
National avg: $1,525
$1,825/mo
↑ 4.6% YoY
+20% vs US
4 Bedroom
National avg: $1,756
$2,201/mo
↑ 5.3% YoY
+25% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $943 | $993 | +$50 (+5.3%) |
| 1 Bedroom | $949 | $1,000 | +$51 (+5.4%) |
| 2 Bedroom | $1,245 | $1,312 | +$67 (+5.4%) |
| 3 Bedroom | $1,745 | $1,825 | +$80 (+4.6%) |
| 4 Bedroom | $2,091 | $2,201 | +$110 (+5.3%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$40,000
$3,333/month gross
Required annual income for 2 BR
$52,480
$4,373/month gross
Other Counties in Alaska
Yukon-Koyukuk Census Area
1 BR: $1,019/mo
Denali Borough
1 BR: $935/mo
Southeast Fairbanks Census Area
1 BR: $1,198/mo
Prince of Wales-Hyder Census Area
1 BR: $1,030/mo
Hoonah-Angoon Census Area
1 BR: $1,113/mo
Nome Census Area
1 BR: $1,334/mo
Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.