Rentometer, Inc. | Data as of 10/23/2025
FairbanksâCollege, AKâs metro rental market blends the convenience of downtown living with the spacious charm of suburban homes, offering a diverse array of housing options for students, professionals, and families alike. Apartments near the University of Alaska Fairbanks campus and the historic Fairbanks Downtown district are especially popular, providing easy access to cultural venues, dining hotspots, and outdoor recreation along the Chena River. For those seeking a quieter setting, neighborhoods such as Riverdale and College Road feature wellâmaintained singleâfamily houses within a short commute to both the university and the cityâs commercial core.
Rentals in the area reflect the variety of choices available. Oneâbedroom apartments typically fall in the $1300s, while larger threeâ and fourâplusâbedroom units reach the $2000 to $2700 range, catering to everything from solo renters to larger households. Comparable houses start in the $1200s for modest oneâbedroom layouts and rise to the $2700s for expansive fourâplusâbedroom homes, offering ample space for growing families or shared living arrangements. These price tiers underscore the balanced market, where affordable starter homes sit alongside premium properties with upgraded amenities.
Beyond pricing, FairbanksâCollege enjoys yearâround attractions that enhance its rental appeal. Residents can explore the nearby Aurora Ice Museum, ski at the Alpine Ski Area, or take advantage of the extensive trail system for hiking and snowshoeing. The blend of vibrant urban lifestyle, reliable housing options, and access to Alaskaâs natural beauty makes the FairbanksâCollege metro area a compelling destination for renters seeking both comfort and adventure.
| 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-College, AK 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.