FY2027 Small Area FMR · Eielson Afb, AK

ZIP 99702 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 99702 (Eielson Afb, AK) is $2,160 a month, down 6.9% from FY2026. That is 39% above the Fairbanks-College, AK area-wide FMR of $1,553.

2-bedroom SAFMR$2,160per month ▼ 6.9%

Area-wide 2 BR FMR$1,553Fairbanks-College, AK

Rank in the area2ndof 15 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,944

2 BR Small Area FMR$2,160

110% of SAFMR$2,376

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

Studio$1,500▼ 6.2%

1 BR$1,650▼ 6.8%

2 BR$2,160▼ 6.9%

3 BR$2,990▼ 7.4%

4 BR$3,610▼ 7.2%

FY2027 FY2026

Where 99702 sits in the Fairbanks-College, AK area

Of the 15 ZIP codes HUD lists for the area, 99702 has the 2nd highest two-bedroom Small Area FMR. Fairbanks-College, 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 $1,553 for two bedrooms; an agency that opts in to Small Area FMRs would use $2,160 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	$1,500	$1,350 – $1,650	$1,081	$1,600
1 bedroom	$1,650	$1,485 – $1,815	$1,187	$1,770
2 bedrooms	$2,160	$1,944 – $2,376	$1,553	$2,320
3 bedrooms	$2,990	$2,691 – $3,289	$2,150	$3,230
4 bedrooms	$3,610	$3,249 – $3,971	$2,596	$3,890

A household renting a two-bedroom home at the Small Area FMR of $2,160 needs about $86,400 a year to keep housing costs at 30% of income. The area median family income is $116,300 and the 80% low-income limit for four people is $93,050. ZIP code 99702 lies mainly in Fairbanks North Star Borough. See the Fairbanks-College, AK county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
99705	North Pole	10.9 mi	$1,580
99703	Fort Wainwright	21.0 mi	$2,250
99707	Fairbanks	23.4 mi	$1,550
99714	Salcha	24.2 mi	$1,580
99775	Fairbanks	26.9 mi	$1,510
99725	Ester	34.3 mi	$1,510

Questions

What is the Fair Market Rent for ZIP code 99702?

HUD's FY2027 Small Area Fair Market Rents for 99702 are $1,500 (studio), $1,650 (1 BR), $2,160 (2 BR), $2,990 (3 BR) and $3,610 (4 BR) a month.

What is the Section 8 payment standard in 99702?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 99702 that range is $1,944 to $2,376 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 99702?

The FY2026 income limits of the Fairbanks-College, AK area apply: median family income $116,300, low-income (80%) limit $93,050 for a family of four.