Income Limits by County

FY2027 Fair Market Rent · Alaska

Kodiak Island Borough Fair Market Rent & Income Limits

HUD's FY2027 Fair Market Rent for a two-bedroom home in Kodiak Island Borough, AK is $2,239 a month, up 7.9% from FY2026. The area median family income is $113,100, and a family of four counts as low income up to $96,700 a year.

2-bedroom FMR$2,239per month ▲ 7.9%
Median family income$113,100FY2026 ■ 0.0%
80% limit, 4 people$96,700low income

Fair Market Rent by unit size

FY2027 FY2026

Fair Market Rents are gross rents: rent plus the cost of all utilities except phone, cable and internet.

Check your household

Enter your household size and total yearly income before taxes to see which HUD income category it falls in for Kodiak Island Borough, AK.

Low income (80% limit)

A household of 4 earning $94,700 is under the 80% limit of $96,700 for this area. At 30% of income it could pay about $2,368 a month for rent and utilities.

This is a quick comparison with HUD's published limits, not an eligibility decision. Programs count income in their own ways and many have waiting lists; the local housing agency or property decides.

Income limits in Kodiak Island Borough

HUD's FY2026 income limits for Kodiak Island Borough, AK are based on a median family income of $113,100. Programs such as Housing Choice Vouchers, public housing and HOME use the 30%, 50% and 80% columns; Low-Income Housing Tax Credit properties use the 50% and 60% Multifamily Tax Subsidy Project limits.

FY2026 income limits by household size (yearly gross income)
PeopleExtremely low30% / povertyVery low50%60% (LIHTC)MTSPLow income80%
1$25,400$42,350$50,820$67,700
2$29,000$48,400$58,080$77,400
3$34,150$54,450$65,340$87,050
4$41,250$60,450$72,540$96,700
5$48,350$65,300$78,360$104,450
6$55,450$70,150$84,180$112,200
7$62,550$75,000$90,000$119,950
8$69,650$79,800$95,760$127,650

Rent history

Since FY2017 the two-bedroom FMR here has gone from $1,096 to $2,239, up 104.3% over ten years. HUD has published a two-bedroom FMR for this area since FY1983, when it was $564.

2-bedroom Fair Market Rent, 2001 to 2027$0$800$1,600$2,400$3,200200520102015202020252027$2,239FY2001: $997FY2002: $1,022FY2003: $1,049FY2004: $1,071FY2005: $967FY2006: $999FY2007: $1,034FY2008: $1,126FY2009: $1,154FY2010: $1,210FY2011: $1,178FY2012: $971FY2013: $1,089FY2014: $1,023FY2015: $994FY2016: $958FY2017: $1,096FY2018: $1,061FY2019: $1,222FY2020: $1,432FY2021: $1,469FY2022: $1,568FY2023: $1,636FY2024: $1,812FY2025: $1,866FY2026: $2,075FY2027: $2,239

What it takes to afford the rent

To keep a two-bedroom rent of $2,239 at no more than 30% of income, the usual affordability rule, a household needs about $89,600 a year. That is 79% of the area median family income of $113,100, so a typical family can afford it with room to spare.

Fair Market Rent by year (monthly gross rent incl. utilities)
UnitFY2027FY2026FY2025Income to affordat 30%
Studio$1,559$1,431$1,280$62,400
1 bedroom$1,712$1,581$1,422$68,500
2 bedrooms$2,239$2,075$1,866$89,600
3 bedrooms$2,716$2,488$2,295$108,600
4 bedrooms$2,943$2,747$2,474$117,700

How Kodiak Island Borough compares

Kodiak Island Borough is outside any metropolitan area, so HUD calculates a separate non-metro Fair Market Rent and income limits for the county itself.

Kodiak Island Borough has the 2nd highest two-bedroom Fair Market Rent of the 30 counties in Alaska; the population-weighted average across Alaska is $1,519 and the nationwide average is $1,751.

Aleutians West Census Area $2,394Northwest Arctic Borough $2,005Bethel Census Area $1,971Juneau City and Borough $1,807Ketchikan Gateway Borough $1,733Nome Census Area $1,638

All 30 counties in Alaska →

Small Area FMRs by ZIP code

HUD also publishes Small Area Fair Market Rents for each ZIP code. In Kodiak Island Borough the two-bedroom figure ranges from $1,870 to $2,270 across 6 ZIP codes, against the area-wide $2,239. This area is not on HUD's list of mandatory Small Area FMR areas, so most agencies here use the area-wide FMR; an agency may still opt in to ZIP-level rents.

ZIPPlace2 BR SAFMR110% payment std.
99550Port Lions$2,270$2,497
99608Karluk$2,270$2,497
99615Kodiak$2,270$2,497
99624Larsen Bay$2,270$2,497
99644Ouzinkie$2,240$2,464
99643Old Harbor$1,870$2,057

Questions

What is the Fair Market Rent in Kodiak Island Borough, AK for 2027?

For FY2027 (October 1, 2026 to September 30, 2027) HUD's Fair Market Rents in Kodiak Island Borough, AK are $1,559 for a studio, $1,712 for one bedroom, $2,239 for two bedrooms, $2,716 for three and $2,943 for four bedrooms, per month including utilities.

What is the area median income in Kodiak Island Borough, AK?

HUD's FY2026 median family income for the area is $113,100, unchanged from $113,100 in FY2025.

What is 80% of AMI in Kodiak Island Borough, AK for a family of 4?

The FY2026 low-income limit (80%) for a household of four is $96,700 a year. The very low-income limit (50%) is $60,450 and the extremely low-income limit is $41,250.

What is the 60% AMI limit for tax credit housing in Kodiak Island Borough, AK?

Under HUD's FY2026 Multifamily Tax Subsidy Project limits, the 60% limit is $50,820 for one person and $72,540 for four.

Is the Fair Market Rent the same as the Section 8 payment standard?

No. Housing agencies set their payment standard between 90% and 110% of the FMR (for a two-bedroom here: $2,015 to $2,463), and can ask HUD for exceptions. Check the payment standard with your local housing agency.