Apartments for Rent in Fairbanks AK
139 Rentals
Fairbanks, AK Apartments for Rent
Living in Fairbanks combines frontier spirit with city living in Alaska's Golden Heart City. As Alaska's second-largest city, Fairbanks treats residents to breathtaking views of the Alaska Range on clear days and the aurora borealis, visible approximately 200 nights per year. The University of Alaska Fairbanks enriches the community's educational landscape, while Pioneer Park preserves the area's gold rush history. Current rental trends show moderate increases, with one-bedroom apartments averaging $1,282 per month, representing a 2.5% annual increase, while larger units like three-bedrooms command around $2,164 monthly.
This Interior Alaska community experiences dramatic seasonal changes, from summer's midnight sun to winter's dark skies illuminated by the northern lights. Notable areas include the University District, with its proximity to campus, and the historic downtown area. The Chena River State Recreation Site provides 29 acres for outdoor activities, including camping and river access. Housing options include apartment communities and single-family homes throughout the city. Community events like the World Ice Art Championships and the Tanana Valley State Fair showcase Fairbanks' year-round spirit.
Fairbanks, AK Rental Insights
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The average rent in Fairbanks, AK is $1,298 per month. By comparison, renters across the U.S. pay an average of $1,631, 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 22.9% 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 $86,000 before taxes. Expect to spend about $10,512/year for groceries, $15,132 for goods and services, and $23,304/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 139 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.
