Last updated on June 24, 2026

Average rent in
Island Homes, Fairbanks, AK

Median rent

Median rent in Island Homes

$2,200/mo

The average rent in Island Homes is $2,200 per month as of June 2026. This is 13% above the national average rent, or $250 more per month.

$2.45

average price per square foot

Total rentals

Available rentals in Island Homes

12

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Island Homes 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+

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Island Homes, Fairbanks, AK, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Island Homes, Fairbanks, AK

Average rent prices in Island Homes have remained the same over the last month.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Island Homes, Fairbanks, AK

Rent prices in Island Homes vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Island Homes is $1,925, whereas a house costs $2,500. 1-bedroom apartments in Island Homes run $1,400 on average, while 2-bedroom apartments are $1,600.

Listings

Studio

$1,300

-

-

1 bedroom

$1,300

-

-

2 bedroom

$1,825

No Change

-

3 bedroom

$2,500

-

-

4 bedroom

$3,000

No Change

-

Studio

Average rent

$1,300

1 bedroom

Average rent

$1,300

2 bedroom

Average rent

$1,825

3 bedroom

Average rent

$2,500

4 bedroom

Average rent

$3,000

The table above reflects average rent prices in Island Homes, 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 Island Homes, Fairbanks, AK compare to other neighborhoods?

Compare median rent prices in Island Homes and Beaver by all bedroom counts and property types.

Island Homes

Median rent price$2,200
increased by13%

higher than the national median

Median rent price$1,450
decreased by26%

lower than the national median

Takeaway

The median rent for all rentals in Island Homes, Fairbanks, AK is 52% higher than the median rent in Beaver, Badger, AK.

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 Island Homes, Fairbanks, AK

Quick answers to common questions about the Island Homes rental market.

How much is rent in Island Homes?

The average rent in Island Homes is $2,200 per month as of June 20, 2026.

Is rent up or down in Island Homes?

Average rent prices in Island Homes have remained the same over the last month.

How does Island Homes rent compare to the national average?

Rent in Island Homes is 13% above the national average, which means renters are paying approximately $250 more per month.

What salary do I need to afford rent in Island Homes?

To comfortably afford rent in Island Homes, you'd need to earn approximately $88,000/year, based on spending no more than 30% of your income on rent.

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