Rental market snapshot for Fairbanks, Alaska

Fairbanks, Alaska Rental Property Market Overview

Fairbanks, Alaska is a vibrant city located in the Interior region of the state. According to the US Census, the population of Fairbanks in 2021 is 32,702. This city is known for its unique culture, outdoor activities, and its proximity to the Arctic Circle. Fairbanks is home to a variety of attractions, including the University of Alaska Fairbanks, the Morris Thompson Cultural and Visitors Center, and the Chena River State Recreation Area. With its diverse population and abundance of activities, Fairbanks is a great place to live and visit.

The average rent for an apartment in Fairbanks is $1,883. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Fairbanks Alaska | Cost of Living

  • The most expensive ZIP code in Fairbanks is 99701 with an average price of $1,975.
  • The cheapest ZIP code in Fairbanks is 99709 with an average price of $1,762.

Fairbanks ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
199701$1,975
299705$1,875
399709$1,762

Live near Fairbanks, Alaska's Top Sights and Attractions

Veterans Memorial Park is a beautiful outdoor space located in Fairbanks, Alaska. It features a large memorial wall honoring the veterans of the United States Armed Forces, as well as a variety of monuments and sculptures dedicated to those who have served. The park also features a variety of walking paths, picnic areas, and benches for visitors to enjoy. The park is surrounded by lush green trees and is a great place to relax and take in the beauty of the Alaskan landscape.

Pioneer Park is a large outdoor recreational area located in the heart of Alaska. It features a variety of attractions, including a large playground, a petting zoo, a historic village, a museum, and a variety of trails for hiking, biking, and horseback riding. The park also hosts a variety of events throughout the year, including concerts, festivals, and other special events. Visitors can also enjoy a variety of outdoor activities, such as fishing, canoeing, and kayaking.

Hez Ray Park is a scenic park located in the heart of Alaska. It features a variety of outdoor activities, including hiking, biking, fishing, and camping. The park is surrounded by lush green forests, and visitors can enjoy stunning views of the surrounding mountains. There are also several trails that wind through the park, allowing visitors to explore the area and take in the natural beauty. Hez Ray Park is a great place to spend a day outdoors, and it's a popular spot for locals and visitors alike.

Growden Park is a large outdoor recreational area located in the heart of Fairbanks. It features a variety of activities, including a playground, picnic areas, walking trails, and a large lake. The lake is stocked with fish, making it a popular spot for fishing. The park also has a variety of wildlife, including moose, beavers, and bald eagles. In the winter, the park is a popular spot for snowmobiling and cross-country skiing. The park is also home to a variety of events throughout the year, including concerts, festivals, and outdoor movies.

Allridge Park is a large outdoor recreation area located in Fairbanks, Alaska. It features a variety of activities, including a large playground, a picnic area, a walking trail, and a pond. The park also has a variety of wildlife, including moose, beavers, and bald eagles. The park is a great place to spend the day with family and friends, and is a popular spot for locals and visitors alike.

South Davis Park is a popular outdoor attraction located in Fairbanks, Alaska. It features a large lake with a beach, picnic areas, and a playground. There are also trails for walking, biking, and running, as well as a disc golf course. The park is surrounded by lush forests and is a great spot for wildlife viewing. In the winter, the lake freezes over and is a popular spot for ice skating and ice fishing.

The Fairbanks Ice Museum is a unique attraction located in Alaska. It features a variety of ice sculptures, ice carvings, and ice slides. Visitors can explore the museum's many interactive exhibits and learn about the history of ice carving in the region. The museum also features a variety of activities, such as ice sculpting classes, ice skating, and snowshoeing. The museum is open year-round and is a great way to experience the beauty of the Alaskan winter.

South Fairbanks Park is a scenic outdoor destination located in the heart of Alaska. It features a variety of activities, such as hiking, biking, fishing, and camping. The park is home to a variety of wildlife, including moose, beavers, and bald eagles. Visitors can also explore the nearby Chena River, which is a popular spot for kayaking and canoeing. The park also offers stunning views of the surrounding mountains and the Northern Lights.

Kiwanis Park is a popular outdoor destination located in the heart of Fairbanks. The park features a large lake, walking trails, and plenty of open space for picnicking and playing. There is also a playground, basketball court, and a disc golf course. The park is a great spot to take in the beauty of the Alaskan landscape, with views of the nearby mountains and the Chena River. In the winter, the park is a popular spot for sledding and ice skating.

The Fairbanks Community Museum is a unique attraction that celebrates the history and culture of the local area. It features a variety of exhibits, including artifacts from the region's gold rush era, a replica of an Athabascan village, and a collection of photographs and documents that tell the story of the area's past. Visitors can also explore a variety of interactive displays, including a hands-on discovery center and a theater that shows films about the region's history. The museum also hosts a variety of special events throughout the year, such as lectures, workshops, and performances.

Fairbanks, Alaska area median rent change by ZIP code map

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How does Fairbanks compare to other cities in Alaska?

citymedian price
Fairbanks$2,000
North Pole$1,800
Eagle$1,615
Anchorage$1,600

Average household income in Fairbanks area graph - US Census

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The median household income in Fairbanks in 2021 was $66,572. This represents a 22.0% change from 2011 when the median was $54,572.

#categorypercent
0Less than $10,0003.2%
1$10,000 to $14,9993.3%
2$15,000 to $19,9992.4%
3$20,000 to $24,9993.5%
4$25,000 to $29,9993.9%
5$30,000 to $34,9996.8%
6$35,000 to $39,9993.1%
7$40,000 to $44,9993.8%
8$45,000 to $49,9994.0%
9$50,000 to $59,9999.3%
10$60,000 to $74,99913.7%
11$75,000 to $99,99912.9%
12$100,000 to $124,99912.6%
13$125,000 to $149,9997.5%
14$150,000 to $199,9995.2%
15$200,000 or more4.8%

Neighborhoods in Fairbanks

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Fairbanks is $1,883.
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