FY2027 Small Area FMR · Eagle, AK
ZIP 99738 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 99738 (Eagle, AK) is $1,190 a month, up 5.3% from FY2026. That is 10% below the Southeast Fairbanks Census Area, AK area-wide FMR of $1,327.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 99738 sits in the Southeast Fairbanks Census Area, AK area
Of the 7 ZIP codes HUD lists for the area, 99738 has the 3rd highest two-bedroom Small Area FMR. Southeast Fairbanks Census Area, 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 $1,327 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,190 for this ZIP code instead.
ZIP code 99738 crosses more than one HUD area. HUD also lists it under Yukon-Koyukuk Census Area, AK (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $890 | $801 – $979 | $962 | $860 |
| 1 bedroom | $1,080 | $972 – $1,188 | $1,219 | $1,010 |
| 2 bedrooms | $1,190 | $1,071 – $1,309 | $1,327 | $1,130 |
| 3 bedrooms | $1,650 | $1,485 – $1,815 | $1,837 | $1,580 |
| 4 bedrooms | $1,950 | $1,755 – $2,145 | $2,181 | $1,870 |
A household renting a two-bedroom home at the Small Area FMR of $1,190 needs about $47,600 a year to keep housing costs at 30% of income. The area median family income is $89,800 and the 80% low-income limit for four people is $84,700. ZIP code 99738 lies mainly in Southeast Fairbanks Census Area and Yukon-Koyukuk Census Area. See the Southeast Fairbanks Census Area, AK county page for the full income limits table and the household check.
Questions
What is the Fair Market Rent for ZIP code 99738?
HUD's FY2027 Small Area Fair Market Rents for 99738 are $890 (studio), $1,080 (1 BR), $1,190 (2 BR), $1,650 (3 BR) and $1,950 (4 BR) a month.
What is the Section 8 payment standard in 99738?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 99738 that range is $1,071 to $1,309 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 99738?
The FY2026 income limits of the Southeast Fairbanks Census Area, AK area apply: median family income $89,800, low-income (80%) limit $84,700 for a family of four.