Lake and Peninsula Borough, AK at a glance
Median household income
$65,625$5,469 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Lake and Peninsula Borough, AK?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Lake and Peninsula Borough, AK? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Lake and Peninsula Borough, AK, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $739 | $8,868 | $29,560 | 13.5% |
| 1-Bedroom Apartment | $894 | $10,728 | $35,760 | 16.3% |
| 2-Bedroom ApartmentBenchmark | $1,030 | $12,360 | $41,200 | 18.8% |
| 3-Bedroom Home | $1,391 | $16,692 | $55,640 | 25.4% |
| 4-Bedroom Home | $1,596 | $19,152 | $63,840 | 29.2% |
Rent in Lake and Peninsula Borough, AK, with the wage each unit needs →
What a typical income covers in Lake and Peninsula Borough, AK
The 50/30/20 rule applied to the local median of $65,625 a year ($5,469 a month before tax).
What $65,625 leaves after Alaska taxes
Federal income tax, Social Security, Medicare and Alaska tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in Alaska
Living in Lake and Peninsula Borough, AK: common questions
What is the median household income in Lake and Peninsula Borough, AK?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Lake and Peninsula Borough, AK is $65,625 per year (approximately $5,469 per month).
What is the average rent in Lake and Peninsula Borough, AK?
The closest official figure is HUD's Fair Market Rent for 2026: $739 for a studio, $894 for one bedroom, $1,030 for two, $1,391 for three and $1,596 for four, utilities included.
It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.
Is Lake and Peninsula Borough, AK expensive to live in?
Prices there run 2.4% above the U.S. average. BEA's regional price parity for Alaska is 102.4, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.
How much do you need to earn to comfortably afford rent in Lake and Peninsula Borough, AK?
To keep a $1,030 two-bedroom under 30% of gross income, a household needs about $41,200 a year, or $3,433 a month. That is 63% of what the typical household in Lake and Peninsula Borough, AK earns.
How much do you need to live comfortably in Lake and Peninsula Borough, AK?
On the local median income of $65,625 ($5,469 a month before tax), the 50/30/20 rule leaves $2,734 a month for needs like rent, utilities and groceries, $1,641 for everything else and $1,094 for savings or debt. A two-bedroom at $1,030 takes 38% of the needs share.
How much is the electric bill in Lake and Peninsula Borough, AK?
Homes in Alaska paid 28.2¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $254. Your bill depends mostly on heating and cooling.