FY2027 Small Area FMR · Galena, AK

ZIP 99741 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 99741 (Galena, AK) is $1,210 a month, down 9.7% from FY2026. That is 1% above the Yukon-Koyukuk Census Area, AK area-wide FMR of $1,196.

2-bedroom SAFMR$1,210per month ▼ 9.7%

Area-wide 2 BR FMR$1,196Yukon-Koyukuk Census Area, A

Rank in the area10thof 33 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,089

2 BR Small Area FMR$1,210

110% of SAFMR$1,331

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

Studio$1,060▼ 9.4%

1 BR$1,090▼ 9.9%

2 BR$1,210▼ 9.7%

3 BR$1,680▼ 9.7%

4 BR$1,990▼ 10.0%

FY2027 FY2026

Where 99741 sits in the Yukon-Koyukuk Census Area, AK area

Of the 33 ZIP codes HUD lists for the area, 99741 has the 10th highest two-bedroom Small Area FMR. Yukon-Koyukuk 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 $1,196 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,210 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	$1,060	$954 – $1,166	$952	$1,170
1 bedroom	$1,090	$981 – $1,199	$958	$1,210
2 bedrooms	$1,210	$1,089 – $1,331	$1,196	$1,340
3 bedrooms	$1,680	$1,512 – $1,848	$1,656	$1,860
4 bedrooms	$1,990	$1,791 – $2,189	$1,966	$2,210

A household renting a two-bedroom home at the Small Area FMR of $1,210 needs about $48,400 a year to keep housing costs at 30% of income. The area median family income is $71,000 and the 80% low-income limit for four people is $84,700. ZIP code 99741 lies mainly in Yukon-Koyukuk Census Area. See the Yukon-Koyukuk Census Area, AK county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
99754	Koyukuk	26.5 mi	$1,200
99765	Nulato	37.2 mi	$1,200
99746	Huslia	75.3 mi	$1,200

Questions

What is the Fair Market Rent for ZIP code 99741?

HUD's FY2027 Small Area Fair Market Rents for 99741 are $1,060 (studio), $1,090 (1 BR), $1,210 (2 BR), $1,680 (3 BR) and $1,990 (4 BR) a month.

What is the Section 8 payment standard in 99741?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 99741 that range is $1,089 to $1,331 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 99741?

The FY2026 income limits of the Yukon-Koyukuk Census Area, AK area apply: median family income $71,000, low-income (80%) limit $84,700 for a family of four.