FY2027 Small Area FMR · Meyers Chuck, AK

ZIP 99903 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 99903 (Meyers Chuck, AK) is $1,610 a month, up 6.6% from FY2026. That is 24% above the Wrangell City and Borough, AK area-wide FMR of $1,295.

2-bedroom SAFMR$1,610per month ▲ 6.6%

Area-wide 2 BR FMR$1,295Wrangell City and Borough, A

Rank in the area1stof 2 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,449

2 BR Small Area FMR$1,610

110% of SAFMR$1,771

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

Studio$1,140▲ 7.5%

1 BR$1,220▲ 6.1%

2 BR$1,610▲ 6.6%

3 BR$2,230▲ 6.2%

4 BR$2,670▲ 5.5%

FY2027 FY2026

Where 99903 sits in the Wrangell City and Borough, AK area

Of the 2 ZIP codes HUD lists for the area, 99903 has the 1st highest two-bedroom Small Area FMR. Wrangell City and 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 $1,295 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,610 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	$1,140	$1,026 – $1,254	$983	$1,060
1 bedroom	$1,220	$1,098 – $1,342	$990	$1,150
2 bedrooms	$1,610	$1,449 – $1,771	$1,295	$1,510
3 bedrooms	$2,230	$2,007 – $2,453	$1,793	$2,100
4 bedrooms	$2,670	$2,403 – $2,937	$2,128	$2,530

A household renting a two-bedroom home at the Small Area FMR of $1,610 needs about $64,400 a year to keep housing costs at 30% of income. The area median family income is $81,100 and the 80% low-income limit for four people is $84,700. ZIP code 99903 lies mainly in Wrangell City and Borough. See the Wrangell City and Borough, AK county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
99919	Thorne Bay	16.4 mi	$1,270
99918	Coffman Cove	26.2 mi	$1,270
99921	Craig	34.3 mi	$1,310
99925	Klawock	35.2 mi	$1,260
99901	Ketchikan	41.2 mi	$1,730
99929	Wrangell	46.7 mi	$1,300

Questions

What is the Fair Market Rent for ZIP code 99903?

HUD's FY2027 Small Area Fair Market Rents for 99903 are $1,140 (studio), $1,220 (1 BR), $1,610 (2 BR), $2,230 (3 BR) and $2,670 (4 BR) a month.

What is the Section 8 payment standard in 99903?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 99903 that range is $1,449 to $1,771 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 99903?

The FY2026 income limits of the Wrangell City and Borough, AK area apply: median family income $81,100, low-income (80%) limit $84,700 for a family of four.