FY2027 Small Area FMR · Clear, AK

ZIP 99704 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 99704 (Clear, AK) is $1,370 a month, up 5.4% from FY2026. That is 12% above the Denali Borough, AK area-wide FMR of $1,220.

2-bedroom SAFMR$1,370per month ▲ 5.4%

Area-wide 2 BR FMR$1,220Denali Borough, AK

Rank in the area2ndof 6 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,233

2 BR Small Area FMR$1,370

110% of SAFMR$1,507

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

Studio$1,080▼ 2.7%

1 BR$1,100▼ 5.2%

2 BR$1,370▲ 5.4%

3 BR$1,900▲ 5.0%

4 BR$2,250▲ 4.7%

FY2027 FY2026

Where 99704 sits in the Denali Borough, AK area

Of the 6 ZIP codes HUD lists for the area, 99704 has the 2nd highest two-bedroom Small Area FMR. Denali 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 $1,220 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,370 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	$1,080	$972 – $1,188	$884	$1,110
1 bedroom	$1,100	$990 – $1,210	$976	$1,160
2 bedrooms	$1,370	$1,233 – $1,507	$1,220	$1,300
3 bedrooms	$1,900	$1,710 – $2,090	$1,689	$1,810
4 bedrooms	$2,250	$2,025 – $2,475	$2,005	$2,150

A household renting a two-bedroom home at the Small Area FMR of $1,370 needs about $54,800 a year to keep housing costs at 30% of income. The area median family income is $146,200 and the 80% low-income limit for four people is $106,800. ZIP code 99704 lies mainly in Denali Borough. See the Denali Borough, AK county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
99744	Anderson	0.9 mi	$1,220
99760	Nenana	28.9 mi	$1,510
99755	Denali National Park	40.1 mi	$1,220
99709	Fairbanks	49.9 mi	$1,510
99743	Healy	50.0 mi	$1,220
99725	Ester	50.5 mi	$1,510

Questions

What is the Fair Market Rent for ZIP code 99704?

HUD's FY2027 Small Area Fair Market Rents for 99704 are $1,080 (studio), $1,100 (1 BR), $1,370 (2 BR), $1,900 (3 BR) and $2,250 (4 BR) a month.

What is the Section 8 payment standard in 99704?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 99704 that range is $1,233 to $1,507 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 99704?

The FY2026 income limits of the Denali Borough, AK area apply: median family income $146,200, low-income (80%) limit $106,800 for a family of four.