FY2027 Small Area FMR · Wrangell, AK

ZIP 99929 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 99929 (Wrangell, AK) is $1,300 a month, up 6.6% from FY2026. That is 0% equal to the Wrangell City and Borough, AK area-wide FMR of $1,295.

2-bedroom SAFMR$1,300per month ▲ 6.6%

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

Rank in the area2ndof 2 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,170

2 BR Small Area FMR$1,300

110% of SAFMR$1,430

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

Studio$990▲ 7.6%

1 BR$990▲ 6.5%

2 BR$1,300▲ 6.6%

3 BR$1,800▲ 6.5%

4 BR$2,140▲ 4.4%

FY2027 FY2026

Where 99929 sits in the Wrangell City and Borough, AK area

Of the 2 ZIP codes HUD lists for the area, 99929 has the 2nd 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 $1,300 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	$990	$891 – $1,089	$983	$920
1 bedroom	$990	$891 – $1,089	$990	$930
2 bedrooms	$1,300	$1,170 – $1,430	$1,295	$1,220
3 bedrooms	$1,800	$1,620 – $1,980	$1,793	$1,690
4 bedrooms	$2,140	$1,926 – $2,354	$2,128	$2,050

A household renting a two-bedroom home at the Small Area FMR of $1,300 needs about $52,000 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 99929 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
99903	Meyers Chuck	46.7 mi	$1,610
99918	Coffman Cove	49.7 mi	$1,270
99919	Thorne Bay	58.9 mi	$1,270
99901	Ketchikan	61.7 mi	$1,730
99833	Petersburg	66.3 mi	$1,500
99927	Point Baker	68.2 mi	$1,310

Questions

What is the Fair Market Rent for ZIP code 99929?

HUD's FY2027 Small Area Fair Market Rents for 99929 are $990 (studio), $990 (1 BR), $1,300 (2 BR), $1,800 (3 BR) and $2,140 (4 BR) a month.

What is the Section 8 payment standard in 99929?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 99929 that range is $1,170 to $1,430 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 99929?

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.