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  10. Building Photo - 548 2nd St
    1 BED, 1 BATH
    $1,200

    548 2nd St

    548 2nd St, Fairbanks, AK 99701
  25. 3 BEDS, 2 BATHS
    $2,200

    2441 Hill Rd

    2441 Hill Rd, Fairbanks, AK 99709
  33. 3 BEDS
    $2,095+
    4 BEDS
    $2,305+
    5 BEDS
    $2,695+

    Birchwood Homes

    1066 Turnagin Loop, Fairbanks, AK 99701

Living & Renting in Fairbanks

Fairbanks at a Glance

Average Rent

$1,277
(All bedrooms and property types)
Learn more about
Average Rent in Fairbanks
5

School Rating

out of 10 Rating
Learn more about
Schools in Fairbanks
18

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Fairbanks
60

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation in Fairbanks

Fairbanks, AK Apartments for Rent

Located in Interior Alaska, Fairbanks combines frontier heritage with contemporary living. Founded during the 1901 Gold Rush, this "Golden Heart City" serves as a gateway to the Arctic and offers diverse apartment options. Residents experience the aurora borealis over 200 nights annually and dramatic seasonal changes from summer's midnight sun to winter's crisp days. Housing choices include apartments near the University of Alaska Fairbanks, downtown residences, and homes throughout the Tanana Valley.

Fairbanks apartments provide access to rich cultural experiences, outdoor activities, and educational opportunities. The average rent for a one-bedroom apartment is approximately $1,282, making it an economical choice in Alaska. The city offers winter activities like dog mushing, cross-country skiing, and the annual World Ice Art Championships. Summer brings opportunities for hiking the local trail systems, exploring Chena River State Recreation Site, and celebrating at community events like the Golden Days Parade. Major employment sectors include education, military, healthcare, and tourism, creating a stable economic environment in this distinctive Alaskan city.

Why Fairbanks?

  • Being able to go dog mushing, salmon fishing, snow machining, and river rafting.
  • Denali National Park is a quick two-hour drive from Fairbanks for wild adventures.
  • Sinking into the 105-degree hot springs beneath the northern lights at Chena Hot Springs Resort.
  • Learning about native culture at the Alaska Native Heritage Center.
  • Attending events such as Christmas in Ice, Fairbanks Summer Arts Festival, and the Tanana Valley State Fair.
  • Fairbanks is the best location for seeing the amazing yellow-green glow of the aurora borealis.

Renting in Fairbanks

Average Rental Rates and Apartment Sizes

Average Rent in Nearby Cities

(For 1 bedroom apartments)

Getting Around Fairbanks

Transportation

41

Car-Dependent

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
60

Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
18

Minimal Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Scoreⓘ

Education

Public University
GreatSchools Rating
West Valley High School

Public High School

Public
Grades 9-12
906 Students
GreatSchools Rating
Lathrop High School

Public High School

Public
Grades 9-12
886 Students
GreatSchools Rating
Randy Smith Middle School

Public Middle School

Public
Grades 6-8
407 Students
GreatSchools Rating
Tanana Middle School

Public Middle School

Public
Grades 6-8
545 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

Apartments for Rent Near Fairbanks

Specialty Housing

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Fairbanks Apartments for Rent in Your Budget

Frequently asked questions about renting in Fairbanks, AK

What are the average rent costs in Fairbanks, AK?

The average rent in Fairbanks, AK is $1,277.

What are the average rent costs of a studio apartment in Fairbanks, AK?

The average rent for a studio apartment in Fairbanks, AK is $789.

What are the average rent costs of a one bedroom apartment in Fairbanks, AK?

The average rent for a 1 bedroom apartment in Fairbanks, AK is $1,277.

What are the average rent costs of a two bedroom apartment in Fairbanks, AK?

The average rent for a 2 bedroom apartment in Fairbanks, AK is $1,563.

What are the average rent costs of a three bedroom apartment in Fairbanks, AK?

The average rent for a 3 bedroom apartment in Fairbanks, AK is $2,124.

What are the average rent costs of a four bedroom apartment in Fairbanks, AK?

The average rent for a 4 bedroom apartment in Fairbanks, AK is $2,360.

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