FY2027 Small Area FMR · Prudhoe Bay, AK

ZIP 99734 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 99734 (Prudhoe Bay, AK) is $1,520 a month, down 6.7% from FY2026. That is 0% equal to the North Slope Borough, AK area-wide FMR of $1,521.

2-bedroom SAFMR$1,520per month ▼ 6.7%

Area-wide 2 BR FMR$1,521North Slope Borough, AK

Rank in the area2ndof 10 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,368

2 BR Small Area FMR$1,520

110% of SAFMR$1,672

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

Studio$1,110▼ 0.9%

1 BR$1,370▲ 9.6%

2 BR$1,520▼ 6.7%

3 BR$2,090▲ 6.1%

4 BR$2,540▼ 5.6%

FY2027 FY2026

Where 99734 sits in the North Slope Borough, AK area

Of the 10 ZIP codes HUD lists for the area, 99734 has the 2nd highest two-bedroom Small Area FMR. North Slope 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 $1,521 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,520 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	$1,110	$999 – $1,221	$1,108	$1,120
1 bedroom	$1,370	$1,233 – $1,507	$1,373	$1,250
2 bedrooms	$1,520	$1,368 – $1,672	$1,521	$1,630
3 bedrooms	$2,090	$1,881 – $2,299	$2,090	$1,970
4 bedrooms	$2,540	$2,286 – $2,794	$2,542	$2,690

A household renting a two-bedroom home at the Small Area FMR of $1,520 needs about $60,800 a year to keep housing costs at 30% of income. The area median family income is $115,600 and the 80% low-income limit for four people is $92,500. ZIP code 99734 lies mainly in North Slope Borough. See the North Slope Borough, AK county page for the full income limits table and the household check.

Questions

What is the Fair Market Rent for ZIP code 99734?

HUD's FY2027 Small Area Fair Market Rents for 99734 are $1,110 (studio), $1,370 (1 BR), $1,520 (2 BR), $2,090 (3 BR) and $2,540 (4 BR) a month.

What is the Section 8 payment standard in 99734?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 99734 that range is $1,368 to $1,672 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 99734?

The FY2026 income limits of the North Slope Borough, AK area apply: median family income $115,600, low-income (80%) limit $92,500 for a family of four.