Apartments in Fairbanks

1 - 30 of 36 Results
47
$2,543
4580 Old Airport Way Fairbanks, AK
Studio | Available Now
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Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
13
$1,850
Fairbanks, AK
3 BR | Available Now
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Heat Included
Balcony/Deck/Patio
Storage
Dishwasher
20
$2,180 - 2,275
1066 Turnagain Loop Fairbanks, AK
3 BR | May. 15, 2024
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Dog Friendly
Cat Friendly
Townhome
Covered Parking
Balcony/Deck/Patio
6
$1,400
Fairbanks, AK
Studio | Available Now
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Dog Friendly
Cat Friendly
Storage
5
$800
Fairbanks, AK
Studio | Available Now
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Storage
Disability Access
11
$1,900
Fairbanks, AK
2 BR | Available Now
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Heat Included
Storage
4
$1,200
Fairbanks, AK
1 BR | Apr. 24, 2024
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Storage
Disability Access
5
$1,400
Fairbanks, AK
2 BR | Available Now
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9
$1,300
Fairbanks, AK
2 BR | Available Now
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House
Storage
Disability Access
4
$1,400
Fairbanks, AK
1 BR | Apr. 10, 2024
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Storage
13
$1,300
Fairbanks, AK
2 BR | Apr. 1, 2024
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Heat Included
Cat Friendly
Storage
Dishwasher
7
$1,700
Fairbanks, AK
2 BR | Apr. 10, 2024
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Storage
9
$1,600
Fairbanks, AK
2 BR | Available Now
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House
Storage
Dishwasher
8
$1,300
Fairbanks, AK
2 BR | Available Now
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Storage
Dishwasher
10
$1,495
Fairbanks, AK
1 BR | May. 4, 2024
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Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
4
$600
Fairbanks, AK
1 BR | Apr. 10, 2024
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Dog Friendly
Storage
5
$700
Fairbanks, AK
1 BR | Available Now
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Balcony/Deck/Patio
Dishwasher
10
$1,200
Fairbanks, AK
1 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
7
$2,000
Fairbanks, AK
3 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
7
$700
Fairbanks, AK
Studio | Available Now
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Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Storage
17
$2,300
Fairbanks, AK
2 BR | May. 10, 2024
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House
Disability Access
8
$1,900
Fairbanks, AK
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
18
$2,000
Fairbanks, AK
2 BR | Available Now
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Storage
7
$2,000
Fairbanks, AK
2 BR | Apr. 1, 2024
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Storage
Disability Access
Dishwasher
12
$900
Fairbanks, AK
Studio | Available Now
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House
9
$1,600
Fairbanks, AK
2 BR | Available Now
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Balcony/Deck/Patio
Storage
17
$1,150
Fairbanks, AK
Studio | May. 1, 2024
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House
Surface Parking
Balcony/Deck/Patio
Storage
Disability Access
2
$1,150
Fairbanks, AK
1 BR | Apr. 15, 2024
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Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
2
$1,000
Fairbanks, AK
1 BR | Available Now
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Storage
2
$1,800
Fairbanks, AK
3 BR | Available Now
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Heat Included
Cat Friendly
Storage
Dishwasher
1 - 30 of 36 Results
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  2. Fairbanks

How much does it cost to rent an apartment in Fairbanks?

Fairbanks Apartments
Bed Type Average Rent Range
Studio $1,150 $700 - $2,540
1BR $1,200 $620 - $1,480
2BR $1,650 $1,300 - $2,240
3BR $2,210 $1,800 - $2,280

Find a Fairbanks Apartment

When people think of Alaska, they tend to think of the rugged wilderness, not the cities that contain much of its population. The population of 32,000 people makes it the second largest city in the northern state. The city is a little over 100 years old, and was founded as a trading post originally. From its humble beginnings, it is now a thriving community and home to the oldest operational University in the state.

To many people, moving to Fairbanks becomes all about the weather, which is obviously cold in the wintertime. However, it is important not to lose sight of the fact that despite its moniker of the coldest city in the country, the beautiful scenery, the solitude, and the warmth of the people can make it the perfect city for many people.

When to Search

If you truly want to have your pick of apartments, then it is probably best to commence your apartment hunt in the dead of winter. Although it might not be pleasant, you'll have a distinct advantage. Not many other apartment hunters will be brave enough to venture out during that time of year, giving you an edge.

Staying in the Know

When you're considering relocating to Fairbanks, it is a very good idea to visit the area first. Unlike many other areas in the country, you can be in for a real case of culture shock in Fairbanks. In many ways, it feels like a totally different country, and it is best to get a first hand taste of it before you take the plunge and move all the way across the continent.

Life in Fairbanks

Transportation

There is a downtown bus line in Fairbanks, but most people here drive. Winter driving is very different here than in most of the southern states. If you don't have a garage, you will need a block heater to keep your car warm enough to start on the coldest days, and winter tires are a must-have.

Where to play

Visit the Museum of the North at the University to get a good introduction to the arctic. During the winter, just walk outside at night to see some of the best northern lights in the world. Special events are held throughout the year, such as the "Midnight Sun" baseball game, which starts at 10:30 PM and ends before the sun goes down. The Marlin is the local bar that is frequented by college students.

Search Cities Near Fairbanks, AK

Campuses Nearby

Fairbanks:
March Rent Report

Welcome to the March 2024 Fairbanks Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2024 key findings and figures for the Fairbanks rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Fairbanks and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Fairbanks average rent prices in the chart below.

Monthly Rent Report

$1,700
$1,280
$850
$430
$0
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
1 BR       2 BR

Fairbanks Rent Prices Decrease From February to March

Fairbanks rent prices decreased over the last month. From February to March, the city experienced a -0.58% decrease for the price of a one-bedroom apartment. The rent price for a Fairbanks one-bedroom apartments currently stands at $1,190.0.

When we take a look at the two-bedroom comparison from February to March, Fairbanks experienced a 2.35% increase for the price of a two-bedroom apartment. The rent price for a Fairbanks two-bedroom apartments currently stands at $1,614.0.

March Prices: Fairbanks vs. Surrounding Areas

North Pole, AK
Fairbanks, AK
$1,305
$1,162
$0
$450
$900
$1,350
$1,800
Median 1 BR Rent

Rent Prices in Fairbanks and Surrounding Areas

Rent prices have decreased in Fairbanks over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 1 of the Fairbanks suburb increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in North Pole, AK .

  • Rents did not decrease in any of the Fairbanks suburbs.

  • 1 suburb is currently priced higher than the city of Fairbanks.

March 2024 Pricing Trends: Fairbanks vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Minneapolis, MN
Columbus, OH
Fairbanks, AK
Pittsburgh, PA
$3,976
$3,029
$2,358
$2,336
$1,866
$1,310
$1,235
$1,162
$1,124
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Fairbanks Rent Prices More Affordable Than Major Cities

Rent growth in Fairbanks over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Fairbanks average rent prices appear to be relatively affordable for local residents.

The price for a Fairbanks one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Fairbanks and surrounding area rent prices, take a look at the complete data set below.

Data set for Fairbanks and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change
Fairbanks, AK $1,162.0 6.12% $1,602.0 -0.19%
North Pole, AK $1,305.0 10.31% $1,925.0 4.85%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.