Matanuska-Susitna Borough, AK

2024 Fair Market Rents

Tags: 2024 Matanuska-Susitna Borough, AK HUD Metro FMR Area

Return to the state page to see where Alaska ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Matanuska-Susitna Borough are Wasilla, Palmer, Big Lake, and Willow. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Matanuska-Susitna Borough use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Matanuska-Susitna Borough is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Matanuska-Susitna Borough compare?

Matanuska-Susitna Borough ($1,280) has a 10% lower FMR for 2-Bedroom housing than the average of Alaska ($1,422) and therefore has a lower gross rent.

Matanuska-Susitna Borough is rank 23rd out of 30 counties. This means the FMRs, or in other words, the gross rent is lower than 22 other counties. Matanuska-Susitna Borough is the 8th cheapest county in terms of FMRs.

Rent Tables Matanuska-Susitna Borough, AK

Fair Market Rent (40th Percentile)

$919
studio
$974
1-Bedroom
$1,280
2-Bedroom
$1,804
3-Bedroom
$2,172
4-Bedroom

Median Rent (50th Percentile)

$970
studio
$1,028
1-Bedroom
$1,351
2-Bedroom
$1,904
3-Bedroom
$2,293
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
99623 $920 $970 $1,280 $1,800 $2,170
99645 $900 $950 $1,250 $1,760 $2,120
99652 $820 $870 $1,140 $1,610 $1,930
99654 $880 $940 $1,230 $1,730 $2,090
99667 $920 $970 $1,280 $1,800 $2,170
99674 $850 $910 $1,190 $1,680 $2,020
99676 $990 $1,050 $1,380 $1,940 $2,340
99683 $920 $970 $1,280 $1,800 $2,170
99687 $920 $970 $1,280 $1,800 $2,170
99688 $930 $980 $1,290 $1,820 $2,190
99694 $750 $800 $1,050 $1,490 $1,790
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
99623 $828 $873 $1,152 $1,620 $1,953
99645 $810 $855 $1,125 $1,584 $1,908
99652 $738 $783 $1,026 $1,449 $1,737
99654 $792 $846 $1,107 $1,557 $1,881
99667 $828 $873 $1,152 $1,620 $1,953
99674 $765 $819 $1,071 $1,512 $1,818
99676 $891 $945 $1,242 $1,746 $2,106
99683 $828 $873 $1,152 $1,620 $1,953
99687 $828 $873 $1,152 $1,620 $1,953
99688 $837 $882 $1,161 $1,638 $1,971
99694 $675 $720 $945 $1,341 $1,611
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
99623 $1,012 $1,067 $1,408 $1,980 $2,387
99645 $990 $1,045 $1,375 $1,936 $2,332
99652 $902 $957 $1,254 $1,771 $2,123
99654 $968 $1,034 $1,353 $1,903 $2,299
99667 $1,012 $1,067 $1,408 $1,980 $2,387
99674 $935 $1,001 $1,309 $1,848 $2,222
99676 $1,089 $1,155 $1,518 $2,134 $2,574
99683 $1,012 $1,067 $1,408 $1,980 $2,387
99687 $1,012 $1,067 $1,408 $1,980 $2,387
99688 $1,023 $1,078 $1,419 $2,002 $2,409
99694 $825 $880 $1,155 $1,639 $1,969

Fair Market Rents on this page apply to the following cities in Matanuska-Susitna Borough, Alaska: Wasilla, Palmer, Big Lake, Willow, Talkeetna, Sutton, Skwentna, Trapper Creek, and Houston.

These Fair Market Rents also apply to the following ZIP codes in Matanuska-Susitna Borough, Alaska: 99654, 99645, 99687, 99652, 99688, 99676, 99674, 99623, 99667, 99683, and 99694.

Matanuska-Susitna Borough, AK is considered part of the following metro FMR area: MATANUSKA-SUSITNA BOROUGH, AK HUD METRO FMR AREA.

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Fair Market Rents are published by the Department of Housing And Urban Development.