FY2027 Small Area FMR · Nondalton, AK

ZIP 99640 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 99640 (Nondalton, AK) is $1,640 a month, down 9.9% from FY2026. That is 56% above the Lake and Peninsula Borough, AK area-wide FMR of $1,050.

2-bedroom SAFMR$1,640per month ▼ 9.9%

Area-wide 2 BR FMR$1,050Lake and Peninsula Borough,

Rank in the area1stof 14 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,476

2 BR Small Area FMR$1,640

110% of SAFMR$1,804

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,440▼ 9.4%

1 BR$1,450▼ 9.9%

2 BR$1,640▼ 9.9%

3 BR$1,970▼ 9.6%

4 BR$2,170▼ 10.0%

FY2027 FY2026

Where 99640 sits in the Lake and Peninsula Borough, AK area

Of the 14 ZIP codes HUD lists for the area, 99640 has the 1st highest two-bedroom Small Area FMR. Lake and Peninsula Borough, AK is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,050 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,640 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,440	$1,296 – $1,584	$761	$1,590
1 bedroom	$1,450	$1,305 – $1,595	$909	$1,610
2 bedrooms	$1,640	$1,476 – $1,804	$1,050	$1,820
3 bedrooms	$1,970	$1,773 – $2,167	$1,444	$2,180
4 bedrooms	$2,170	$1,953 – $2,387	$1,755	$2,410

A household renting a two-bedroom home at the Small Area FMR of $1,640 needs about $65,600 a year to keep housing costs at 30% of income. The area median family income is $72,600 and the 80% low-income limit for four people is $84,700. ZIP code 99640 lies mainly in Lake and Peninsula Borough. See the Lake and Peninsula Borough, AK county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
99606	Iliamna	33.1 mi	$1,240
99653	Port Alsworth	39.8 mi	$1,050
99647	Pedro Bay	48.3 mi	$1,050
99613	King Salmon	74.7 mi	$1,240
99557	Aniak	97.9 mi	$1,870

Questions

What is the Fair Market Rent for ZIP code 99640?

HUD's FY2027 Small Area Fair Market Rents for 99640 are $1,440 (studio), $1,450 (1 BR), $1,640 (2 BR), $1,970 (3 BR) and $2,170 (4 BR) a month.

What is the Section 8 payment standard in 99640?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 99640 that range is $1,476 to $1,804 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 99640?

The FY2026 income limits of the Lake and Peninsula Borough, AK area apply: median family income $72,600, low-income (80%) limit $84,700 for a family of four.