Last updated on July 8, 2026

Average rent in
Fairbanks, AK

Median rent

Median rent in Fairbanks

$1,600/mo

increased by3%

vs previous year

The average rent in Fairbanks is $1,600 per month as of July 2026. This is 18% below the national average rent, or $350 less per month.

$2.43

average price per square foot

Total rentals

Available rentals in Fairbanks

33

for rent on Zumper.com as of July 2026

Rent price distribution

Share of Fairbanks rentals at each price point

40%30%20%10%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Fairbanks, AK

Average rent prices in Fairbanks have remained the same over the last month and have increased by 3% 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 $1,400, whereas a house costs $2,200. 1-bedroom apartments in Fairbanks run $1,350 on average, while 2-bedroom apartments are $1,600.

Listings

Studio

$1,000

17%

17%

1 bedroom

$1,350

No Change

2%

2 bedroom

$1,600

No Change

No Change

3 bedroom

$2,200

15%

21%

4 bedroom

$3,400

11%

148%

Studio

Average rent

$1,000

Last 30 days

17%

Last year

17%

1 bedroom

Average rent

$1,350

Last 30 days

No Change

Last year

2%

2 bedroom

Average rent

$1,600

Last 30 days

No Change

Last year

No Change

3 bedroom

Average rent

$2,200

Last 30 days

15%

Last year

21%

4 bedroom

Average rent

$3,400

Last 30 days

11%

Last year

148%

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

Median rent price$1,600
decreased by18%

lower than the national median

Median rent price$1,950

Equal to the the national median

Takeaway

The median rent for all rentals in Fairbanks, AK is 18% lower than the median rent in Badger, AK.

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 & Services20% higher
Groceries24% higher
Health32% higher
Housing1% higher
Transportation20% higher
Utilities109% higher

Discover rentals in Fairbanks, AK

2608 Wecota Dr #B - Photo 1 of 1

5d+ ago

House for rent in Fairbanks

SINGLE_FAMILY - Fairbanks, AK

2608 Wecota Dr #B, Fairbanks, AK 99709

1 bed

0 baths

$750

House for rent

500 A Street - Photo 1 of 1

5d+ ago

8.3

Very good

500 A Street

500 A St, Fairbanks, AK 99701

2 beds

1 bath

$1,200

Apartment for rent

1704 Marika Road - Photo 1 of 1

4d ago

8.5

Very good

1704 Marika Road

1704 Marika Rd, Fairbanks, AK 99709

2 beds

1 bath

$1,400

Apartment for rent

Colonial Manor - Photo 1 of 1

5d+ ago

8.5

Very good

Colonial Manor

3276 Adams Dr, Fairbanks, AK 99709

2 beds

1 bath

$1,600

Apartment for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

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 $1,600 per month as of July 4, 2026.

Is rent up or down in Fairbanks?

Average rent prices in Fairbanks have remained the same over the last month and have increased by 3% since last year.

How does Fairbanks rent compare to the national average?

Rent in Fairbanks is 18% below the national average, which means renters are paying approximately $350 less per month.

Which neighborhoods are most affordable in Fairbanks?

The most affordable neighborhoods in Fairbanks are Hamilton Acres ($1,425/mo), Van Horn Industrial Area ($1,600/mo), and Haystack ($1,600/mo).

What salary do I need to afford rent in Fairbanks?

To comfortably afford rent in Fairbanks, you'd need to earn approximately $64,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Fairbanks?

Fairbanks 1-bedroom apartments averaged around $1,300 per month in 2025, while 2-bedroom units averaged around $1,700 monthly. These figures reflect the current rental market across the city's diverse neighborhood options.

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).

Apartments for rent in Badger