Sitka City and Borough
FY 2026 HUD Fair Market Rents in Alaska. Population: 8,462.
Fair Market Rents (2026)
Studio
National avg: $893
$1,099/mo
↑ 4.9% YoY
+23% vs US
1 Bedroom
National avg: $959
$1,350/mo
↑ 8.2% YoY
+41% vs US
2 Bedroom
National avg: $1,175
$1,566/mo
↑ 4.5% YoY
+33% vs US
3 Bedroom
National avg: $1,525
$2,178/mo
↑ 3.8% YoY
+43% vs US
4 Bedroom
National avg: $1,756
$2,627/mo
↑ 4.4% YoY
+50% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $1,048 | $1,099 | +$51 (+4.9%) |
| 1 Bedroom | $1,248 | $1,350 | +$102 (+8.2%) |
| 2 Bedroom | $1,498 | $1,566 | +$68 (+4.5%) |
| 3 Bedroom | $2,099 | $2,178 | +$79 (+3.8%) |
| 4 Bedroom | $2,516 | $2,627 | +$111 (+4.4%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$54,000
$4,500/month gross
Required annual income for 2 BR
$62,640
$5,220/month gross
Other Counties in Alaska
Fairbanks North Star Borough
1 BR: $1,277/mo
Yakutat City and Borough
1 BR: $1,094/mo
Hoonah-Angoon Census Area
1 BR: $1,113/mo
Bristol Bay Borough
1 BR: $1,134/mo
Kenai Peninsula Borough
1 BR: $1,000/mo
North Slope Borough
1 BR: $1,239/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.