Zumper
modified
5+ Days Ago

Highlights

  • Open living concept
  • Washer and dryer in home
  • All utilities included (heat, water, internet, electricity)
  • Beautifully furnished

Location

407 Fifth Avenue, Fairbanks, Alaska 99701, United States|Downtown Fairbanks

Tour 407 Fifth Avenue

Contact

Cheryl Markwood

MARKWOOD REALTY, LLC

(844) 331-7289 ext. 3122

Property Overview

The property at 407 Fifth Avenue in Fairbanks offers an inviting open living space complemented by essential amenities like in-unit washer and dryer, and all utilities included. Located near top-rated educational institutions and a variety of grocery stores, parks, and restaurants, it supports an active lifestyle while enhancing work-from-home potential with high-speed internet. With ample natural lighting and convenient public transit options, this residence is designed for a balanced and vibrant living experience.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Elementary school nearby
  • High school nearby
  • Middle school nearby

Great for

  • Social life
  • Eco living
  • Wellness

Amenities for 407 Fifth Avenue, Downtown Fairbanks

Apartment Amenities

DeckFurnished
High CeilingsUtilities Included
Walk-in Closet

Appliances

DishwasherIn-Unit Laundry

Building

Basement

Grounds

Outdoor SpaceThree Parking Spaces

Other

Architecture Style: Ranch
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

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About 407 Fifth Avenue

HomeHouses in Fairbanks 407 Fifth Avenue, Fairbanks, Alaska 99701, United States

Property Status: Active This is a fully furnished short term rental which includes all utilities including electric, internet, heat, water. Step into this charming, historic cottage nestled in the heart of downtown Fairbanks. Large 1 bedroom with sitting room attached. Open living concept with bathroom off the kitchen. Lots of windows and small decks attached to both front and back doors. Washer and dryer in home! Beautifully furnished throughout with antiques, this unique cottage offers comfort, character, and convenience. All utilities included-(heat, water, internet and electricity). Haul your own garbage. Looking for a responsible tenant to care of this home over the winter months. Ready for move in through March or April 2026. Lease Options negotiable! No smoking & No pets! No exceptions! Now accepting applications, $40 application fee once accepted. Income verification required, with rental references! Along with tenant background check prior to acceptance. Office Phone: (907) 347-4720 Copyright © 2025 Greater Fairbanks Board-Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Go to property website

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 407 Fifth Avenue compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.1 mile away
High school nearby
There is a high school 0.4 mile away
Middle school nearby
There is a middle school 0.5 mile away
Dishwasher
Dishwasher available in kitchen
Images Available
There are at least 10 photos of this address
Outdoor space
Easy access to the outdoors
Walk-in closet
More closet space on average

Address details

NeighborhoodDowntown Fairbanks
Zip code99701
TypeHouse for rent

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Rent trends in Downtown Fairbanks

1-bedroom apartments at 407 Fifth Avenue cost about 58% more than the average rent price for 1-bedroom apartments in Fairbanks.

Median rents as of Dec 13 2025.
Downtown Fairbanks
Fairbanks
A table of 1-bedroom apartment rental data trends in Fairbanks
MonthMedian Rent
December 2023$1,100
January 2024$1,100
February 2024$1,100
March 2024$1,100
April 2024$1,193
May 2024$1,328
June 2024$1,326
July 2024$1,225
August 2024$1,215
September 2024$1,362
October 2024$1,343
November 2024$1,300
December 2024$1,300
January 2025$1,300
February 2025$1,300
March 2025$1,272
April 2025$1,272
May 2025$1,310
June 2025$1,312
July 2025$1,262
August 2025$1,250
September 2025$1,249
October 2025$1,274
November 2025$1,277
December 2025$1,296
A table of 1-bedroom apartment rental data trends in Downtown Fairbanks
MonthMedian Rent
March 2024$995
June 2024$1,195
July 2024$1,195
December 2024$1,447
January 2025$1,400
February 2025$1,448
May 2025$1,411
June 2025$1,495
July 2025$1,395
August 2025$1,340
September 2025$1,495
October 2025$1,466
November 2025$1,295

Affordability calculator

Can I afford to live at 407 Fifth Avenue?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$88,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $88,000 annually to afford this 1-bedroom monthly rent price of $2,200.
For more information on rent affordability, visit our rent calculator.

Schools near 407 Fifth Avenue

Alternative Learning Systems

520 fifth ave

fairbanks, AK, 99701

PK, K-12Public

Fairbanks B.E.S.T.

520 fifth ave

fairbanks, AK, 99701

PK, K-12Public
B+
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Internet available near 407 Fifth Avenue

Neighborhood

Downtown Fairbanks | Fairbanks, AK

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Fairbanks near 407 Fifth Avenue

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

4/10
Frequent public transit options are within walking distance.

Points of interest for 407 Fifth Avenue, Fairbanks

Groceries

6/10
At least one supermarket within a 20-minute walk

Shopping

6/10
Several shops within walking distance

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

7/10
Variety of restaurants within a few minutes' walk

Primary schools

10/10
At least one elementary school within a 5-minute walk

High schools

10/10
At least one high school within a 5-minute walk

Nightlife

5/10
Some bars within a few minutes’ walk

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