Lake and Peninsula Borough
FY 2026 HUD Fair Market Rents in Alaska. Population: 999.
Fair Market Rents (2026)
Studio
National avg: $893
$739/mo
↑ 6.6% YoY
-17% vs US
1 Bedroom
National avg: $959
$894/mo
↑ 8.2% YoY
-7% vs US
2 Bedroom
National avg: $1,175
$1,030/mo
↑ 6.2% YoY
-12% vs US
3 Bedroom
National avg: $1,525
$1,391/mo
↑ 2.4% YoY
-9% vs US
4 Bedroom
National avg: $1,756
$1,596/mo
↑ 4.1% YoY
-9% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $693 | $739 | +$46 (+6.6%) |
| 1 Bedroom | $826 | $894 | +$68 (+8.2%) |
| 2 Bedroom | $970 | $1,030 | +$60 (+6.2%) |
| 3 Bedroom | $1,359 | $1,391 | +$32 (+2.4%) |
| 4 Bedroom | $1,533 | $1,596 | +$63 (+4.1%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$35,760
$2,980/month gross
Required annual income for 2 BR
$41,200
$3,433/month gross
Other Counties in Alaska
Southeast Fairbanks Census Area
1 BR: $1,198/mo
Kodiak Island Borough
1 BR: $1,581/mo
Chugach Census Area
1 BR: $1,374/mo
Wrangell City and Borough
1 BR: $928/mo
Copper River Census Area
1 BR: $930/mo
Skagway Municipality
1 BR: $1,253/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.