Fairbanks North Star Borough, AK
Section 8 Fair Market Rents · FY 2026
Fair Market Rents by bedroom size
HUD sets FMRs annually. Local PHAs set their payment standards at 90–110% of FMR (higher with HUD approval) — the ranges below are estimates; confirm with the housing authority.
| Bedroom size | Fair Market Rent | Est. payment standard range |
|---|---|---|
| Studio | $1,156/mo | $1,040 – $1,272/mo |
| 1 BR | $1,277/mo | $1,149 – $1,405/mo |
| 2 BR | $1,676/mo | $1,508 – $1,844/mo |
| 3 BR | $2,331/mo | $2,098 – $2,564/mo |
| 4 BR | $2,812/mo | $2,531 – $3,093/mo |
Fair Market Rent by unit size — Fairbanks North Star Borough, AK (FY 2026)
Source: HUD FY 2026 data for Fairbanks North Star Borough. Payment standard ranges shown are 90–110% of FMR; actual standards vary by housing authority.
Finding the housing authority
We don't have a housing authority on file for Fairbanks North Star Borough yet. Use the Housing Authority Finder with a local ZIP code to locate the agency that administers vouchers here.
Am I eligible?
To qualify for a Housing Choice Voucher in Fairbanks North Star Borough, your household's gross annual income generally must be at or below the limits below (50% of area median income, as set by HUD). Most agencies are required to prioritize applicants at or below 30% AMI for at least 75% of new vouchers.
| Household size | Max gross annual income |
|---|---|
| 1 person | $40,750 |
| 2 people | $46,550 |
| 3 people | $52,350 |
| 4 people | $58,150 |
| 5 people | $62,850 |
| 6 people | $67,500 |
| 7 people | $72,150 |
| 8 people | $76,800 |
Source: HUD Income Limits, 2026. Meeting the income limit does not guarantee a voucher — waiting lists, local preferences, and funding levels vary by housing authority. Learn more about eligibility →
Income-restricted housing in Fairbanks North Star Borough
These properties were built or rehabilitated using the federal Low-Income Housing Tax Credit (LIHTC) program and must rent a portion of units below market rate. Many, but not all, accept Section 8 Housing Choice Vouchers — contact the property directly to confirm current availability and voucher acceptance.
WEEKS FIELD ESTATES PHASE II
1301 KELLUM ST, FAIRBANKS, AK, 9970156 income-restricted units38 2BR, 18 3BRBuilt 2011Tax-exempt bondCompliance through ~2041WEEKS FIELD ESTATES PHASE I
1301 KELLUM ST, FAIRBANKS, AK, 9970173 income-restricted units of 74 total6 1BR, 42 2BR, 26 3BRBuilt 20094% LIHTCCompliance through ~2039RIVER POINT VILLAGE
2589 CHIEF WILLIAM DR, FAIRBANKS, AK, 9970925 income-restricted units of 26 total6 1BR, 12 2BR, 8 3BRBuilt 20054% LIHTCCompliance through ~2035LACEY STREET APTS (NORTHWARD)
455 THIRD AVENUE, FAIRBANKS, AK, 99701174 income-restricted units of 184 total101 studio, 73 1BR, 10 2BRBuilt 20014% LIHTCCompliance through ~2031- Elderly
NORTHWARD / LACEY STREET
455 THIRD AVENUE, FAIRBANKS, AK, 9970184 income-restricted units of 176 total98 studio, 67 1BR, 11 2BRBuilt 2001Compliance through ~2031 - Elderly
NORTHWARD BUILDING
455 THIRD AVENUE, FAIRBANKS, AK, 9970116 income-restricted units of 177 totalBuilt 20014% LIHTCCompliance through ~2031 LITTLE DIPPER APTS
1910 TURNER ST, FAIRBANKS, AK, 9970152 income-restricted unitsBuilt 19979% LIHTCCompliance through ~2027RAVEN ESTATES APTS
949 MCGOWN ST, FAIRBANKS, AK24 income-restricted units12 2BR, 12 3BRBuilt 19974% LIHTCCompliance through ~2027- Elderly
SOUTH VISTA HAVEN
1304 24TH AVENUE, FAIRBANKS, AK, 9970724 income-restricted units12 2BR, 12 3BRBuilt 1997Compliance through ~2027 MLH MANOR
301 7TH AVENUE, FAIRBANKS, AK, 9970132 income-restricted units of 34 totalBuilt 19964% LIHTCCompliance through ~2026
Source: HUD LIHTC Public-Use Database. Properties shown were placed in service within the last 35 years and may still be under compliance obligations. Verify availability, income limits, and voucher acceptance directly with each property. More on finding affordable housing →
Estimate your voucher payment
Enter a Fairbanks North Star Borough ZIP code in the Voucher Payment Estimator for a personalized rent and subsidy estimate based on local FMR data.
Estimate payment →Investor: find your price ceiling
Use the Property Budget Calculator to find the max purchase price that hits your target return on a Section 8 unit in this market.
Run the numbers →