FY2027 Small Area FMR · Point Hope, AK
ZIP 99766 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 99766 (Point Hope, AK) is $1,470 a month, down 9.8% from FY2026. That is 3% below the North Slope Borough, AK area-wide FMR of $1,521.
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 99766 sits in the North Slope Borough, AK area
Of the 10 ZIP codes HUD lists for the area, 99766 has the 9th 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 $1,470 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,050 | $945 – $1,155 | $1,108 | $1,120 |
| 1 bedroom | $1,300 | $1,170 – $1,430 | $1,373 | $1,240 |
| 2 bedrooms | $1,470 | $1,323 – $1,617 | $1,521 | $1,630 |
| 3 bedrooms | $1,980 | $1,782 – $2,178 | $2,090 | $1,960 |
| 4 bedrooms | $2,410 | $2,169 – $2,651 | $2,542 | $2,570 |
A household renting a two-bedroom home at the Small Area FMR of $1,470 needs about $58,800 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 99766 lies mainly in North Slope Borough. See the North Slope Borough, AK county page for the full income limits table and the household check.
Nearby ZIP codes
| ZIP | Place | Distance | 2 BR SAFMR |
|---|---|---|---|
| 99750 | Kivalina | 67.5 mi | $2,010 |
Questions
What is the Fair Market Rent for ZIP code 99766?
HUD's FY2027 Small Area Fair Market Rents for 99766 are $1,050 (studio), $1,300 (1 BR), $1,470 (2 BR), $1,980 (3 BR) and $2,410 (4 BR) a month.
What is the Section 8 payment standard in 99766?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 99766 that range is $1,323 to $1,617 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 99766?
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.