Bedroom count
Property type
Last updated on October 7, 2026
Average rent in
Fairbanks, AK
Average rent in
Last updated on October 7, 2026
Bedroom count
Property type
Key takeaways for renters
Where Fairbanks rent stands today
Fairbanks, AK rent rose 11.3% year over year, with a current median of $1,725/month. Renters today are paying $55 more per month than last year, and the median rent is slightly above the peak monthly median of $1,700/month recorded in October 2026.
Compared to national trends
Fairbanks is 9.2% more affordable than the $1,900/month national median, with 61 total rentals available. This positions Fairbanks as a smaller market with rents below the national median.
Price ranges
Studios in Fairbanks rent for about $1,050/month, 1-bedrooms around $1,250/month, and 2-bedrooms near $1,800/month. Larger units like 3-bed and 4+ bedrooms show a steady increase in rent across bedroom sizes.
Median rent
Median rent in Fairbanks
$1,725/mo
11%vs previous year
The average rent in Fairbanks is $1,725 per month as of October 2026. This is 9% below the national average rent, or $175 less per month.
average price per square foot
Total rentals
Available rentals in Fairbanks
61
for rent on Zumper.com as of October 2026
Rent price distribution
Share of Fairbanks rentals at each price point
Rent trends in Fairbanks, AK
Average rent prices in Fairbanks have increased by 3% over the last month and have increased by 11% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Fairbanks, AK
Rent prices in Fairbanks vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Fairbanks is $1,650, whereas a house costs $2,100. 1-bedroom apartments in Fairbanks run $1,250 on average, while 2-bedroom apartments are $1,750.
Listings | ||||
|---|---|---|---|---|
Studio | $1,050 |  2% | 21% | |
1 bedroom | $1,250 | 4% | 8% | |
2 bedroom | $1,800 | 1% | 5% | |
3 bedroom | $2,200 | 4% | 6% | |
4 bedroom | $2,800 | 1% | - |
Listings | ||
|---|---|---|
Alaska Railroad | $1,675 | |
Aurora Lemeta | $1,675 | |
Downtown Fairbanks | $1,795 | |
Graehl | $1,500 | |
Hamilton Acres | $1,500 | |
Island Homes | $1,750 | |
Jillian Square | $1,800 | |
Lazelle Estates | $1,750 | |
Van Horn Industrial Area | $1,725 | |
Weeks Field | $1,800 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,650 | 5% | No Change | |
Condos | $1,700 | 12% | No Change | |
Houses | $2,100 | 9% | No Change |
Studio
Average rent
$1,050
Last 30 days
2%
Last year
21%
1 bedroom
Average rent
$1,250
Last 30 days
4%
Last year
8%
2 bedroom
Average rent
$1,800
Last 30 days
1%
Last year
5%
3 bedroom
Average rent
$2,200
Last 30 days
4%
Last year
6%
4 bedroom
Average rent
$2,800
Last 30 days
1%
Van Horn Industrial Area
Average rent
$1,725
Aurora Lemeta
Average rent
$1,675
Hamilton Acres
Average rent
$1,500
Weeks Field
Average rent
$1,800
Downtown Fairbanks
Average rent
$1,795
Island Homes
Average rent
$1,750
Lazelle Estates
Average rent
$1,750
Graehl
Average rent
$1,500
Jillian Square
Average rent
$1,800
Alaska Railroad
Average rent
$1,675
Apartments
Average rent
$1,650
Last 30 days
5%
Condos
Average rent
$1,700
Last 30 days
12%
Houses
Average rent
$2,100
Last 30 days
9%
The table above reflects average rent prices in Fairbanks, AK, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
How does rent in Fairbanks, AK compare to other cities?
Compare median rent prices in Fairbanks and Badger by all bedroom counts and property types.
Fairbanks
9%lower than the national median
5%higher than the national median
Takeaway
The median rent for all rentals in Fairbanks, AK is 14% lower than the median rent in Badger, AK.
Average rent in nearby cities
Explore rent trends in neighboring markets
Cost of living in Fairbanks, AK
Explore the cost of essential expenses, and then use our rent calculator to find out how much rent you can afford.
Expenses accrued by most renters | Average cost compared to national average |
|---|---|
| Goods & Services | 20% higher |
| Groceries | 24% higher |
| Health | 31% higher |
| Housing | 1% higher |
| Transportation | 11% higher |
| Utilities | 107% higher |
Discover rentals in Fairbanks, AK
15h ago
1323 23rd Ave, Fairbanks, AK 99701
1 bed
1 bath
$950
Apartment for rent
5d+ ago
500 A St, Fairbanks, AK 99701
2 beds
1 bath
$1,200
Apartment for rent
5d+ ago
1122 8th Ave, Fairbanks, AK 99701
2 beds
1 bath
$1,350
Apartment for rent
4d ago
1704 Marika Rd, Fairbanks, AK 99709
2 beds
1 bath
$1,400
Apartment for rent
1d ago
967 Chena Pump Rd, Fairbanks, AK 99709
Studio
1 bath
$3,500
Apartment for rent
2d ago
2154/2156 Alston Rd, Fairbanks, AK 99709
Studio
1 bath
$1,675
Apartment for rent
15h ago
Apartment for rent in Fairbanks
1071 Roosterfish Rd, Fairbanks, AK 99712
1 bed
1 bath
$1,600
Apartment for rent
5d+ ago
Downtown Fairbanks apartment for rent in Fairbanks
635 10th Ave #2, Fairbanks, AK 99701
1 bed
1 bath
$1,595
Apartment for rent
Available Sep 1
1d ago
House for rent in Fairbanks
3 beds
1 bath
$2,000
House for rent
2d ago
Van Horn Industrial Area condo for rent in Fairbanks
2 beds
1 bath
$2,150
Condo for rent
5d+ ago
500 A St, Fairbanks, AK 99701
2 beds
1 bath
$1,200
Apartment for rent
5d+ ago
House for rent in Fairbanks
4 beds
3 baths
$2,850
House for rent
4h ago
825 815, 817, 825 17th Ave., Fairbanks, AK 99701
2 beds
1 bath
$1,600
Apartment for rent
17h ago
709 Oconnor Rd, Fairbanks, AK 99701
3 beds
1 bath
$1,975
Apartment for rent
2d ago
6095 4th Ave, Fairbanks, AK 99701
Studio–1 bed
1 bath
$1,000
Apartment for rent
2d ago
94 Farewell Ave, Fairbanks, AK 99701
1 bed
1 bath
$1,300
Apartment for rent
4h ago
825 815, 817, 825 17th Ave., Fairbanks, AK 99701
2 beds
1 bath
$1,600
Apartment for rent
13h ago
1500 Denali Way, Fairbanks, AK 99701
2 beds
1 bath
$1,600
Apartment for rent
13h ago
1912 Cheechako Dr, Fairbanks, AK 99709
3 beds
1 bath
$2,200
Apartment for rent
22h ago
186 Madcap Ln, Fairbanks, AK 99709
2 beds
1 bath
$1,500
Apartment for rent
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Frequently asked questions for Fairbanks, AK
Quick answers to common questions about the Fairbanks rental market.
How much is rent in Fairbanks?
The average rent in Fairbanks is $1,725 per month as of October 3, 2026.
Is rent up or down in Fairbanks?
Average rent prices in Fairbanks have increased by 3% over the last month and have increased by 11% since last year.
How does Fairbanks rent compare to the national average?
Rent in Fairbanks is 9% below the national average, which means renters are paying approximately $175 less per month.
Which neighborhoods are most affordable in Fairbanks?
The most affordable neighborhoods in Fairbanks are Hamilton Acres ($1,500/mo), Graehl ($1,500/mo), and Aurora Lemeta ($1,675/mo).
What salary do I need to afford rent in Fairbanks?
To comfortably afford rent in Fairbanks, you'd need to earn approximately $69,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Fairbanks?
August and November offer the best rental deals in Fairbanks, with August seeing the lowest rents of the year and November being the least competitive month with lower demand relative to available inventory.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).