Apartments for Rent in Fairbanks AK
158 Rentals Available
Fairbanks, AK Apartments for Rent
Set on the Chena River, Fairbanks pairs big Alaska adventure with easy city access. From Downtown and South Fairbanks to University West and the UAF district, it's easy to find apartments for rent in Fairbanks near daily needs and transit. Most in-town drives take about 10-15 minutes, with fast routes to the University of Alaska Fairbanks, Fort Wainwright, Fairbanks Memorial Hospital, and Fairbanks International Airport. Eielson Air Force Base is about 25-30 minutes down the Richardson Highway. MACS Transit covers key corridors like Airport Way and College Road, making it convenient for rentals close to bus stops.
Neighborhoods worth exploring include Downtown for the Chena Riverwalk and the Morris Thompson Cultural and Visitors Center; Hamilton Acres for quick access to Fort Wainwright; University West and College/University Area for apartments near UAF and the Museum of the North; South Fairbanks for easy Airport Way shopping; and Chena Ridge or Ester for hillside views and quieter streets. Weekends come alive with Pioneer Park, Creamer's Field birding trails, Fountainhead Antique Auto Museum, and day trips to Chena Hot Springs. Dining runs from riverside spots like The Pump House and Pike's Landing to downtown cafés and HooDoo Brewing. Whether you want apartments near Pioneer Park or rentals close to MACS Transit, you'll find options within a short drive of work, school, and year-round events like the World Ice Art Championships and the Tanana Valley State Fair.
Fairbanks, AK Rental Insights
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The average rent in Fairbanks, AK is $1,299 per month. By comparison, renters across the U.S. pay an average of $1,626, which means housing in Fairbanks, AK is slightly less expensive than much of the country.
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The cost of living in Fairbanks, AK is 22.8% higher than the national average. Daily expenses like housing, groceries, and transportation generally cost more than in many other U.S. cities.
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To live comfortably in Fairbanks, AK as a single adult with no dependents, aim for a salary of at least $87,000 before taxes. Expect to spend about $10,308/year for groceries, $15,288 for goods and services, and $23,880/year for housing. To decide how much you should spend on rent, use our rent affordability calculator.
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You can find flexible rentals in Fairbanks, AK by exploring short-term rentals for temporary stays or browsing furnished apartments for move-in ready options that save time and hassle.
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Tour apartments from your couch with Matterport 3D Tours. We have 158 Fairbanks apartments with virtual tours available. Walk through the apartment, view room layouts and get a feel for the space before an in-person tour.
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Fairbanks, AK has very few transit options. Residents typically rely on driving for daily needs.