Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Fairbanks city, Alaska?
City · Census ACS 5-Year estimates
The median gross rent in Fairbanks city, Alaska is $1,496/month (±$81), based on Census ACS 5-Year estimates (2024). The median home value is $268,400 (±$13,741), and the median household income is $73,534/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Fairbanks city, Alaska
| Metric | Value |
|---|---|
| Median Gross Rent | $1,496 |
| Median Home Value | $268,400 |
| Median Household Income | $73,534 |
| Total Housing Units | 12,071 |
| Renter-Occupied Units | 7,262 |
| Renter-Occupied Share | 60% |
| Households Paying 50%+ Income | 1,402 households |
How does Fairbanks city, Alaska compare?
Median gross rent ranked against all cities in Alaska.
Higher rent than 90% of cities in Alaska · 18th of 164
| # | City | Value |
|---|---|---|
| 1 | Mill Bay CDP | $2,710 |
| 2 | Kodiak Station CDP | $2,403 |
| 3 | Fort Greely CDP | $2,218 |
| … 14 more … | ||
| 18 | Fairbanks city(you are here) | $1,496 |
| … 143 more … | ||
| 162 | Akiak city | $492 |
| 163 | Holy Cross city | $485 |
| 164 | Chistochina CDP | $378 |
More data for Fairbanks city, Alaska
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Frequently asked questions
What is the average rent in Fairbanks city, Alaska?
The median gross rent in Fairbanks city, Alaska is $1,496/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Fairbanks city, Alaska?
The median rent for a 2-bedroom in Fairbanks city, Alaska is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Fairbanks city, Alaska?
The median home value in Fairbanks city, Alaska is $268,400 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Fairbanks city are rent-burdened?
In Fairbanks city, Alaska, 1,402 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Fairbanks city, Alaska?
The median household income in Fairbanks city, Alaska is $73,534/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,496 has a margin of error of ±$81. In very small areas, MOEs can be large relative to the estimate.
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