Rent in Petersburg Borough, AK at a glance
2-bedroom rent (HUD)
$1,463$17,556 a year · HUD fiscal year 2026From October 1, 2026: $1,504 (+2.8%)How much rent can you afford in Petersburg Borough, AK?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Petersburg Borough, AK by bedroom, and the pay it takes
Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $1,049 | $12,588 | $41,960 | $20.17/hr |
| 1 bedroom | $1,211 | $14,532 | $48,440 | $23.29/hr |
| 2 bedroomsMost searched | $1,463 | $17,556 | $58,520 | $28.13/hr |
| 3 bedrooms | $1,754 | $21,048 | $70,160 | $33.73/hr |
| 4 bedrooms | $2,022 | $24,264 | $80,880 | $38.88/hr |
Cost of living in Petersburg Borough, AK: income, prices and a budget →
Living and working in Petersburg Borough, AK
Rent in Petersburg Borough, AK: common questions
How much is rent going up in Petersburg Borough, AK in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,504 for a two-bedroom, up 2.8% from $1,463. A one-bedroom goes from $1,211 to $1,226, a studio from $1,049 to $1,090.
These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.
What is the average rent in Petersburg Borough, AK?
HUD's Fair Market Rent for 2026 is $1,211 for a one-bedroom and $1,463 for a two-bedroom, utilities included. That is $17,556 a year for the two-bedroom.
It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.
How much do you need to make to afford rent in Petersburg Borough, AK?
To keep a $1,463 two-bedroom at 30% of gross pay, one full-time worker needs $28.13 an hour, or $58,520 a year. A one-bedroom at $1,211 takes $23.29 an hour.
How much is a 1, 2 or 3-bedroom apartment in Petersburg Borough, AK?
At HUD's 2026 Fair Market Rent: studio $1,049, one bedroom $1,211, two $1,463, three $1,754 and four $2,022 a month.
Is rent affordable in Petersburg Borough, AK?
For the typical household, earning $75,125 a year ($6,260 a month, Census ACS), a two-bedroom at $1,463 takes 23.4% of income. Under 30% is the usual line for affordable; this is under it.
How is the income needed for rent worked out?
Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,463 × 12) ÷ 0.30 = $58,520. Divided by 2,080 working hours, that is $28.13 an hour.