Rentometer, Inc. | Data as of 10/23/2025
Fairbanks North Star County offers a dynamic rental market set against Alaska’s distinctive northern backdrop, where expansive wilderness meets a vibrant urban core. Residents enjoy easy access to the University of Alaska Fairbanks, the historic downtown district, and outdoor recreation along the Chena River and nearby trails. The county’s blend of cultural attractions, seasonal festivals, and reliable public services makes it a desirable location for students, professionals, and families seeking the unique Alaskan lifestyle.
The rental inventory balances modern apartments and spacious single‑family homes across the county. Apartment rentals range from cozy one‑bedroom units typically in the $1300s to expansive four‑plus bedroom spaces that can approach the $2700 range, while houses similarly span from the $1200 range for one‑bedroom homes to the $2700 range for larger family‑size properties. Popular neighborhoods such as the Fairbanks North Star Borough’s historic Fairbanks downtown, the family‑friendly community of North Pole, and the university‑adjacent College area each provide distinct living experiences, from walkable city living to quieter suburban settings.
Prospective renters appreciate the county’s strong sense of community, reliable utilities, and the convenience of nearby amenities like the Fairbanks International Airport and the Morris Thompson Cultural and Visitors Center. With a stable demand for both apartments and houses, the Fairbanks North Star rental market remains resilient, offering a range of options that cater to diverse budgets and lifestyle preferences while showcasing the natural beauty and cultural richness of interior Alaska.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,321 | $1,386 | $1,050 - $1,495 | $1,310 - $1,400 |
| Apartment | 2 Bedroom | $1,506 | $1,497 | $1,125 - $1,850 | $1,400 - $1,700 |
| Apartment | 3 Bedroom | $2,114 | $2,045 | $2,000 - $2,600 | $2,000 - $2,175 |
| Apartment | 4+ Bedroom | $2,711 | $2,600 | $2,150 - $3,400 | $2,320 - $3,195 |
| House | 1 Bedroom | $1,241 | $1,200 | $750 - $1,800 | $950 - $1,600 |
| House | 2 Bedroom | $1,884 | $1,900 | $900 - $2,600 | $1,700 - $2,150 |
| House | 3 Bedroom | $2,433 | $2,500 | $1,000 - $4,200 | $1,995 - $2,600 |
| House | 4+ Bedroom | $2,782 | $2,725 | $1,990 - $3,500 | $2,480 - $3,400 |
In the current period, the average rent in Fairbanks North Star was $842 for Studio, $1,271 for 1 Bedroom, $1,751 for 2 Bedroom, $2,368 for 3 Bedroom, and $2,648 for 4+ Bedroom.
Data provided by Rentometer, Inc.