Renting in Fairbanks
Renting in Fairbanks in 2026 means an average rent cited around $1,527/month -- RentCafe's data showed a real, disclosed recent softening (down 2.79% year-over-year as of August 2026, even while up 3.4% month-over-month), with 2-bedroom units typically ranging $1,400-$1,700 and 3-bedroom units $1,700-$3,050.
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Learn moreAn Average Rent Around $1,527/Month, With a Real, Disclosed Recent Softening
RentCafe cited Fairbanks' average rent across all apartment types at approximately $1,527/month per its 2026 data (last published March 2026) -- up approximately 3.4% month-over-month but DOWN approximately 2.79% year-over-year as of August 2026, a real, disclosed recent trend this record does not omit.
Per-Unit-Size Pricing
Cited 2-bedroom apartments in Fairbanks city ranged approximately $1,400-$1,700/month, and 3-bedroom units ranged approximately $1,700-$3,050/month per RentCafe's 2026 data.
This Citation Covers Larger Apartment Buildings Specifically
This record's RentCafe citation is sourced from Yardi Matrix, which tracks larger apartment buildings (50+ units) specifically -- this record did not independently research Fairbanks' broader single-family-home rental market to comparable depth this pass, a real, disclosed gap.
Factor in Real, Significant Heating Costs Even as a Renter
As detailed on the cost-of-living topic page, Fairbanks' real, significant winter heating costs (cited $300-$700/month) are a major driver of its above-national overall cost of living -- renters should confirm directly whether a specific unit's rent includes heat, since utility structures vary meaningfully across Fairbanks rental properties.
Key takeaways
- Fairbanks' average rent across all apartment types ran approximately $1,527/month in 2026, down 2.79% year-over-year as of August 2026.
- 2-bedroom units typically ranged $1,400-$1,700/month, and 3-bedroom units $1,700-$3,050/month.
- This record's rent citation covers larger apartment buildings (50+ units) specifically -- confirm current listings directly for other unit types.
- Confirm directly whether a specific unit's rent includes heat, given Fairbanks' real, significant winter heating costs.
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