Bedroom count
Property type
Last updated on August 22, 2026
Average rent in
Island Homes, Fairbanks, AK
Average rent in
Last updated on August 22, 2026
Bedroom count
Property type
Median rent
Median rent in Island Homes
$1,750/mo
4%vs previous year
The average rent in Island Homes is $1,750 per month as of August 2026. This is 9% below the national average rent, or $175 less per month.
average price per square foot
Total rentals
Available rentals in Island Homes
13
for rent on Zumper.com as of August 2026
Rent price distribution
Share of Island Homes rentals at each price point
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 decreased by 9% over the last month and have increased by 4% 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
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 $1,525, whereas a house costs $2,350. 1-bedroom apartments in Island Homes run $1,300 on average, while 2-bedroom apartments are $1,650.
Listings | ||||
|---|---|---|---|---|
Studio | $1,150 | - | - | |
1 bedroom | $1,275 | - | - | |
2 bedroom | $1,650 | No Change | 7% | |
3 bedroom | $2,500 | - | - | |
4 bedroom | $3,100 | No Change | - |
Listings | ||
|---|---|---|
Beaver | $1,700 | |
Bradway Clear Creek | $1,750 | |
Cripple Creek | $1,500 | |
Hamilton Acres | $1,600 | |
Smith And Broadmoor | $1,750 | |
University West | $1,600 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,525 | - | No Change | |
Condos | $2,150 | No Change | No Change | |
Houses | $2,350 |  44% | No Change |
Studio
Average rent
$1,150
1 bedroom
Average rent
$1,275
2 bedroom
Average rent
$1,650
Last year
7%
3 bedroom
Average rent
$2,500
4 bedroom
Average rent
$3,100
Beaver
Average rent
$1,700
Bradway Clear Creek
Average rent
$1,750
Cripple Creek
Average rent
$1,500
Smith And Broadmoor
Average rent
$1,750
University West
Average rent
$1,600
Hamilton Acres
Average rent
$1,600
Apartments
Average rent
$1,525
Condos
Average rent
$2,150
Houses
Average rent
$2,350
Last 30 days
44%
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
9%lower than the national median
12%lower than the national median
Takeaway
The median rent for all rentals in Island Homes, Fairbanks, AK is 3% higher than the median rent in Beaver, Badger, AK.
Average rent in nearby neighborhoods
Explore rent trends in neighboring markets
Discover rentals in Island Homes, Fairbanks, AK
5d+ ago
Island Homes house for rent in Fairbanks
214 Kody Dr, Fairbanks, AK 99701
1 bed
1 bath
$1,450
House for rent
Available Aug 29
5d+ ago
Island Homes house for rent in Fairbanks
214 Kody Dr, Fairbanks, AK 99701
1 bed
1 bath
$1,450
House for rent
Available Aug 29
5d+ ago
Island Homes house for rent in Fairbanks
214 Kody Dr, Fairbanks, AK 99701
1 bed
1 bath
$1,450
House for rent
Available Aug 29
Stay up to date with rental market insights
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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 $1,750 per month as of August 15, 2026.
Is rent up or down in Island Homes?
Average rent prices in Island Homes have decreased by 9% over the last month and have increased by 4% since last year.
How does Island Homes rent compare to the national average?
Rent in Island Homes is 9% below the national average, which means renters are paying approximately $175 less 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 $70,000/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).