Zumper
modified
2 Days Ago

Highlights

  • All utilities included
  • Open concept
  • Spacious 1 bed, 1 bath apartment

Location

224 Farewell Ave, Fairbanks, AK 99701, USA|Hamilton Acres
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Contact

Management

Fairbanks Property, LLC dba NextHome Arctic Sun

Leasing office

(907) 687-1701

Property Overview

Farewell Ave - 224 has an overall Zumper rating of 8.3 out of 10 and features competitive pricing, exceptional amenities, and a prime location, all contributing to its appeal for renters. The property includes all utilities, enhancing convenience while being situated near quality schools, a robust selection of restaurants, and accessible transportation options. Additionally, it offers a vibrant social atmosphere, environmentally sustainable surroundings, and a conducive work-from-home environment, further elevating its attractiveness.

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

Zumper Expert Rating

8.3
Very Good
With a solid 8.3 out of 10 overall, Farewell Ave - 224 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Farewell Ave - 224 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • More space
  • Middle school nearby

Great for

  • Social life
  • Work-from-home
  • Eco living

Floor plans

1BR/1.0BA1 bed1 bath1,000 sqft$1,500 /mo1 unit availableSpacious 1 bd, 1 bath apartment for rent in Fairbanks. Open concept with a small office area. Located only 1.4 miles away from Ft. Wainwright main gate and just minutes away from downtown Fairbanks. ALL utilities included! One small pet on approval. Please view this video prior to scheduling a showing. https youtu be -P6Zm5oo9jM

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Amenities for Farewell Ave - 224

Apartment Amenities

Utilities Included

Appliances

Coin Op Washer/DryerIn-Unit Laundry
MicrowaveOven
RangeRefrigerator
Stove/Oven
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?

Building details

Property details

Units3
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About Farewell Ave - 224

HomeApartments in FairbanksHamilton Acres Farewell Ave - 224

Spacious 1 bd, 1 bath apartment for rent in Fairbanks. Open concept with a small office area. Located only 1.4 miles away from Ft. Wainwright main gate and just minutes away from downtown Fairbanks. ALL utilities included! One small pet on approval. Please view this video prior to scheduling a showing. https youtu be -P6Zm5oo9jM


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very Good
With a solid 8.3 out of 10 overall, Farewell Ave - 224 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Farewell Ave - 224 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Farewell Ave - 224
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Farewell Ave - 224 stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Farewell Ave - 224 goes above and beyond to provide sought-after conveniences and desirable perks, including coin op washer/dryer. Renters looking for popular or luxurious features will find them here—and for that reason, Farewell Ave - 224 receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Farewell Ave - 224 is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Farewell Ave - 224 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Farewell Ave - 224 is great for:

Social life

  • Areas nearby are accessible by walking
  • The area has transit options
  • Diverse age groups live in this area
  • 45 restaurants within 1 mile of this property

Work-from-home

  • 1 internet service provider option nearby
  • Utilities included in the rent
  • Quiet environment with little noise pollution
  • 2 office supply stores within 1 mile

Eco living

  • Public transit available nearby
  • You can get around by foot in this area
  • 5 parks within a mile

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 Farewell Ave - 224 compares to other nearby properties.

Positives

More space
The 1-bedroom is 1000 sqft larger than other listings nearby
Middle school nearby
There is a middle school 0.4 mile away

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 0.3 mile away
Greater distance from high schools
The nearest high school is farther than 1 mile away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Hamilton Acres

1-bedroom apartments at Farewell Ave - 224 cost about 18% more than the average rent price for 1-bedroom apartments in Hamilton Acres.

Median rents as of Mar 14 2026.
Hamilton Acres
Fairbanks
A table of studio rental data trends in Fairbanks
MonthMedian Rent
March 2024$1,000
April 2024$1,098
May 2024$1,056
June 2024$964
July 2024$1,103
August 2024$959
September 2024$950
October 2024$936
November 2024$1,019
December 2024$924
January 2025$843
February 2025$950
March 2025$940
April 2025$837
May 2025$888
June 2025$975
July 2025$895
August 2025$948
September 2025$975
October 2025$975
November 2025$980
December 2025$975
January 2026$979
February 2026$846
March 2026$887
A table of studio rental data trends in Hamilton Acres
MonthMedian Rent
July 2024$999
August 2024$959
September 2024$950
October 2024$950
August 2025$975
September 2025$975

Affordability calculator

Can I afford to live at 224 Farewell Ave?

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

$60,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $60,000 annually to afford this 1-bedroom monthly rent price of $1,500.
For more information on rent affordability, visit our rent calculator.

Schools near Farewell Ave - 224

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 Farewell Ave - 224

Neighborhood

Hamilton Acres | Fairbanks, AK

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

Getting around Fairbanks near 224 Farewell Ave

Walking

4/10
Some shops and stores are within a few minutes.

Driving

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

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 224 Farewell Ave, Fairbanks

Groceries

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

Shopping

5/10
Several shops within walking distance

Cafes

5/10
Some cafés within a few minutes’ walk

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

8/10
At least one high school within a 10-minute walk

Nightlife

3/10
Some bars within walking distance

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