Rental market trends in Fairbanks, AK
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Average Apartment Cost in Fairbanks, AK
The average rent for apartments in Fairbanks, AK, is between $1,000 and $2,216 in 2023. For a studio apartment in Fairbanks, AK, the average rent is $2,216. When it comes to 1-bedroom apartments, the average rent in Fairbanks, AK, is $1,000. For a 2-bedroom apartment, the average rent is $1,350.
Apartment Rent Ranges in Fairbanks, AK
Apartment Prices Proportion | |
|---|---|
Neighborhood Apartment Rent Trends in Fairbanks, AK
| Neighborhood | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Northeast City | $1,100 | -- |
| Van Horn Industrial Area | $1,000 | -- |
| Davis-Van Horn | $900 | -- |
| Neighborhood | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Northeast City | $1,550 | +11% |
| Hamilton Acres | $1,550 | +11% |
| Downtown Fairbanks | $1,350 | -- |
| Weeks Field | $1,300 | -- |
| Davis-Van Horn | $1,295 | -- |
| Van Horn Industrial Area | $1,295 | -- |
Fairbanks, AK Rent Trends
| Studio | 1 Bed | 2 Beds | ||||||||||||||||
| Aug 2021 | Sep 2021 | Oct 2021 | Nov 2021 | Dec 2021 | Jan 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 |
| $2675 | $2675 | $2675 | $2675 | $2675 | $2675 | $2675 | $2957 | $3230 | $3300 | $3340 | $500 | $800 | $800 | $800 | $1620 | $1532 | $1714 | $2216 |
| $1100 | $1100 | $1250 | $1000 | $1017 | $1034 | $1051 | $1068 | $1085 | $1102 | $1119 | $1136 | $1150 | $1133 | $1116 | $1100 | $1100 | $1100 | $1000 |
| $1200 | $1200 | $1200 | $1200 | $1200 | $1200 | $1200 | $1175 | $1200 | $1200 | $1600 | $1550 | $1600 | $1600 | $1650 | $1750 | $1350 | $1295 | $1350 |
| $1900 | $1900 | $1900 | $1600 | $1600 | $1517 | $1434 | $1350 | $1350 | $1683 | $2016 | $2350 | $2350 | $2350 | $2500 | $2500 | $1600 | $1600 | $1600 |
