4 Days Ago
Highlights
- Washer and dryer
- Open living concept
- Utilities included
- No smoking
- Heat, water, internet, electricity
- Beautifully furnished
Location
407 5th Ave, Fairbanks, AK 99701, USA|Downtown Fairbanks
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Property Overview
Located in a vibrant area, this property features an open living concept, large windows that provide natural lighting, and extensive furnishings, along with included utilities such as heat, water, internet, and electricity. Its proximity to schools, parks, and a diverse array of restaurants and entertainment venues makes it a prime choice for those who enjoy an active social life and easy access to green spaces. Additional highlights include a quiet environment conducive to remote work and fitness wellness, enhancing overall 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
Work-from-home
Wellness
Eco living
Amenities for 407 5th Ave, Downtown Fairbanks
Apartment Amenities
| Deck | Furnished |
| High Ceilings | Utilities Included |
| Walk-in Closet |
Appliances
| Dishwasher | In-Unit Laundry |
Building
| Basement |
Grounds
| Outdoor Space | Three 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
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 5th Ave
Property Status: Active 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, beginning October 1st, 2025, through March 31st, 2025. 6 Month lease only! 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.
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 5th Ave 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
- Walk-in closet
- More closet space on average
Address details
| Neighborhood | Downtown Fairbanks |
|---|---|
| Zip code | 99701 |
| Type | House for rent |
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Rent trends in Downtown Fairbanks
1-bedroom apartments at 407 5th Ave cost about 78% more than the average rent price for 1-bedroom apartments in Fairbanks.
Median rents as of Nov 8 2025.
Downtown Fairbanks
Fairbanks
| Month | Median Rent |
|---|---|
| November 2023 | $1,100 |
| December 2023 | $1,090 |
| 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 | $1,269 |
| Month | Median 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 | $1,345 |
Affordability calculator
Can I afford to live at 407 5th Ave?
Bedrooms
1 bedroomRent-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
$92,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $92,000 annually to afford this 1-bedroom monthly rent price of $2,300.
For more information on rent affordability, visit our rent calculator.
Schools near 407 5th Ave
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 5th Ave
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 5th Ave
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 5th Ave, 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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