Kenai Peninsula Borough fair market rent FY 2027Alaska, HUD studio to 4 bedrooms
HUD's FY 2027 Fair Market Rent for a two-bedroom home in Kenai Peninsula Borough, Alaska is $1,390 a month, effective October 1, 2026: $1,056 for a studio, $1,063 for one bedroom, $1,925 for three and $2,323 for four. The FY 2026 two-bedroom FMR was $1,312 (+5.9%).
Kenai Peninsula Borough Fair Market Rents by bedrooms
| Bedrooms | FY 2027 | FY 2026 | Change | Payment standard basic range |
|---|---|---|---|---|
| Studio | $1,056 | $993 | +6.3% | $950 to $1,161 |
| 1 bedroom | $1,063 | $1,000 | +6.3% | $956 to $1,169 |
| 2 bedrooms | $1,390 | $1,312 | +5.9% | $1,251 to $1,529 |
| 3 bedrooms | $1,925 | $1,825 | +5.5% | $1,732 to $2,117 |
| 4 bedrooms | $2,323 | $2,201 | +5.5% | $2,090 to $2,555 |
Monthly gross rent (rent plus tenant-paid utilities except telephone). FY 2027 runs October 1, 2026 to September 30, 2027. The payment standard basic range is 90 to 110 percent of the FMR (24 CFR 982.503(c)); the local housing agency sets the actual payment standard.
How Kenai Peninsula Borough compares
Kenai Peninsula Borough's two-bedroom FMR of $1,390 is the 18th highest of 30 counties in Alaska, where the county median is $1,513 and the range $1,030 to $2,394. Across all 3,144 US counties the median two-bedroom FMR is $1,071; Kenai Peninsula Borough ranks 665th.
Small Area FMRs and ZIP codes
HUD also publishes Small Area FMRs by ZIP code for metropolitan areas. For the Kenai Peninsula Borough, AK it lists 15 ZIP codes, with two-bedroom Small Area FMRs from $1,190 to $1,870. This area is not one of HUD's designated Small Area FMR areas, so agencies use the area-wide FMR above unless they opt in.
Look up any ZIP code: fair market rent by ZIP code.
Fair market rents in nearby counties
All Alaska counties · Fair market rents in every state
More for Kenai Peninsula Borough
- Kenai Peninsula Borough loan limitsThis year's FHFA conforming, FHA and VA county loan limits for 1 to 4 unit homes, from FHFA's and HUD's official files.
- Kenai Peninsula Borough property tax rateEffective property tax rate from Census survey data: median taxes paid against median home value, ranked in the state.
- Title insurance premium calculatorOwner's and lender's policy premiums from the official rate schedules of Texas, Florida, Pennsylvania and New York.
- Seller net sheet and closing costsNet proceeds after the payoff, commission, transfer taxes, title premiums and recording fees.
- Real estate transfer tax calculatorDeed transfer taxes for New York, Florida, Pennsylvania, Illinois, the Carolinas, Arkansas, Texas and Arizona.
- Flood zone lookupThe FEMA flood zone mapped at any US address. A screening check, not an official flood zone determination.
Check a Kenai Peninsula Borough property
HeritageDeed does not search title records in Kenai Peninsula Borough yet; the counties it covers are listed under title search coverage, where a title report is $49 per report. For any US address, the Environmental Records Report lists Superfund, hazardous waste, leaking tank and brownfield sites nearby, with the flood zone.
Questions about Kenai Peninsula Borough fair market rent
What is the fair market rent in Kenai Peninsula Borough for FY 2027?
$1,056 for a studio, $1,063 for one bedroom, $1,390 for two, $1,925 for three and $2,323 for four bedrooms a month. FY 2027 runs from October 1, 2026 to September 30, 2027.
What was the fair market rent in Kenai Peninsula Borough for FY 2026?
$993 for a studio, $1,000 for one bedroom, $1,312 for two, $1,825 for three and $2,201 for four bedrooms (FY 2026, October 1, 2025 to September 30, 2026).
What is the Section 8 voucher amount for a 2 bedroom in Kenai Peninsula Borough?
The housing agency sets a payment standard, usually within the basic range of 90 to 110 percent of the FMR: $1,251 to $1,529 for two bedrooms here. The voucher then pays the lower of the payment standard or the gross rent, minus the family's total tenant payment, usually 30 percent of adjusted monthly income (24 CFR 982.505 and 5.628). The local housing agency publishes its own schedule.
Does fair market rent include utilities?
Yes. HUD's rule defines Fair Market Rents as "estimates of rent plus the cost of utilities, except telephone", set at the 40th percentile of rents for standard-quality units rented by recent movers (24 CFR 888.113).
Is Kenai Peninsula Borough's fair market rent high for Alaska?
$1,390 for two bedrooms ranks 18th of 30 counties in Alaska; the state's county median is $1,513 (range $1,030 to $2,394) and the national county median is $1,071.
Legal references
- 24 CFR 888.113, Fair market rents for existing housing: methodology
- 24 CFR 982.503, Voucher tenancy: payment standard amount and schedule
- 24 CFR 982.505, How to calculate housing assistance payment
JSON: /api/data/fair-market-rent/alaska/kenai-peninsula-borough. Fair Market Rents are HUD program figures, not an appraisal of any unit's rent.