FY2027 Small Area FMR · Fairbanks, AK

ZIP 99712 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 99712 (Fairbanks, AK) is $1,510 a month, unchanged from FY2026. That is 3% below the Fairbanks-College, AK area-wide FMR of $1,553.

2-bedroom SAFMR$1,510per month ■ 0.0%

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

Rank in the area8thof 15 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,359

2 BR Small Area FMR$1,510

110% of SAFMR$1,661

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

Studio$1,050▲ 1.9%

1 BR$1,150■ 0.0%

2 BR$1,510■ 0.0%

3 BR$2,100▼ 0.5%

4 BR$2,540▲ 0.4%

FY2027 FY2026

Where 99712 sits in the Fairbanks-College, AK area

Of the 15 ZIP codes HUD lists for the area, 99712 has the 8th 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 $1,510 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	$1,050	$945 – $1,155	$1,081	$1,030
1 bedroom	$1,150	$1,035 – $1,265	$1,187	$1,150
2 bedrooms	$1,510	$1,359 – $1,661	$1,553	$1,510
3 bedrooms	$2,100	$1,890 – $2,310	$2,150	$2,110
4 bedrooms	$2,540	$2,286 – $2,794	$2,596	$2,530

A household renting a two-bedroom home at the Small Area FMR of $1,510 needs about $60,400 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 99712 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
99730	Central	41.7 mi	$1,200
99702	Eielson Afb	43.4 mi	$2,160
99705	North Pole	45.5 mi	$1,580
99714	Salcha	50.1 mi	$1,580
99706	Fairbanks	81.3 mi	$1,510
99737	Delta Junction	91.7 mi	$1,370

Questions

What is the Fair Market Rent for ZIP code 99712?

HUD's FY2027 Small Area Fair Market Rents for 99712 are $1,050 (studio), $1,150 (1 BR), $1,510 (2 BR), $2,100 (3 BR) and $2,540 (4 BR) a month.

What is the Section 8 payment standard in 99712?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 99712 that range is $1,359 to $1,661 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 99712?

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.