What's the average rent in Fairbanks, AK?

Rental Market Trends in Fairbanks, AK

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Fairbanks, AK is $1,750 per month, which is 11% lower than the national average rent of $1,965 per month.

AVERAGE RENT

$1,750

9.4%$150 increase month-over-month

9.4%$150 increase year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,802

HOUSES

$2,300

TOWNHOUSES

$1,625

As of August 2026, townhomes are the most affordable rental option in Fairbanks, AK at $1,625 per month, while houses are the most expensive at $2,300 per month. Apartments average $1,802 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,400
2 Bedrooms	$1,650
3 Bedrooms	$2,350
4 Bedrooms	$2,300
All	$1,750

As of August 2026, the average rent for a 1 bedroom rental in Fairbanks, AK is $1,400 per month, followed by $1,650 for a 2 bedroom rental, $2,350 for a 3 bedroom rental, and $2,300 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,625
3 Bedrooms	$2,350
4 Bedrooms	—
All	$1,625

As of August 2026, the average rent for a 2 bedroom townhome in Fairbanks, AK is $1,625 per month, followed by $2,350 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,480
2 Bedrooms	$1,650
3 Bedrooms	$2,400
4 Bedrooms	—
All	$1,600

As of August 2026, the average rent for a 1 bedroom apartment in Fairbanks, AK is $1,480 per month, followed by $1,650 for a 2 bedroom apartment, and $2,400 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$900
2 Bedrooms	$2,000
3 Bedrooms	$2,300
4 Bedrooms	$2,300
All	$2,300

As of August 2026, the average rent for a 1 bedroom house in Fairbanks, AK is $900 per month, followed by $2,000 for a 2 bedroom house, $2,300 for a 3 bedroom house, and $2,300 for a 4 bedroom house.