Housing data for Fairbanks, AK
Fairbanks, AK has an estimated 32,083 residents and 13,793 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a city in Fairbanks North Star Borough.
60.2% of households rent.
The median gross rent is $1,496 a month.
Its population grew measurably since 2015–2019 (+1.7%).
Figures last updated on .
- Residents
- 32,083 (±56)
- Housing units
- 13,793 (±902)
- Households that rent
- 60.2%
- Median gross rent
- $1,496
- Residents since 2015–2019
- +1.7%
What stands out in Fairbanks
Homes in buildings of 5 or more units: 31.1% (±3.6 points) in Fairbanks, higher than in Fairbanks North Star Borough (14.3%).
Households that rent: 60.2% (±3.2 points) in Fairbanks, higher than in Fairbanks North Star Borough (38.3%).
Homes built before 1980: 51.3% (±4.2 points) in Fairbanks, higher than in Fairbanks North Star Borough (38.2%).
Households without a vehicle: 8.0% (±1.9 points) in Fairbanks, higher than in Fairbanks North Star Borough (4.6%).
- Types of homes in Fairbanks
- Renters and owners in Fairbanks
- Age of homes in Fairbanks
- Commute and cars in Fairbanks
Housing in Fairbanks at a glance
- Median rent: $1,496 median gross rent a month
- Rent by bedrooms: $1,465 median gross rent, 2 bedrooms
- Rent burden: 50.2% of renters pay 30% or more of income
- Renters and owners: 60.2% of households rent
- Income and affordability: $73,534 median household income
- Home values: $268,400 median home value
- Homeowner costs: $2,197 median monthly cost with a mortgage
- Property taxes: $3,313 median real estate taxes a year
- Types of homes: 31.1% of homes are in buildings of 5 or more units
- Bedrooms: 47.0% of homes have 3 or more bedrooms
- Age of homes: 51.3% of homes were built before 1980
- Vacancy rate: 9.2% rental vacancy rate
- Heating fuel: 53.6% heat with fuel oil or kerosene
- Commute and cars: 14.5 minutes average trip to work
- Crime reported to police: 846 violent crimes per 100,000 residents
- Growth: +1.7% residents since 2015–2019
- How long people stay: 40.8% moved in since 2020
- Crowding and facilities: 3.5% of homes have more than 1 person per room
Fairbanks against Fairbanks North Star Borough, its state and the nation
| Fairbanks | Fairbanks North Star Borough | Alaska | United States | |
|---|---|---|---|---|
| Residents | 32,083 (±56) | 95,460 (exact) | 735,706 (exact) | 334,922,499 |
| Housing units | 13,793 (±902) | 42,680 (±799) | 328,491 (±442) | 143,775,355 |
| Households that rent | 60.2% (±3.2 points) | 38.3% (±2.1 points) | 33.2% (±0.7 points) | 34.8% |
| Median gross rent | $1,496 (±$81) | $1,459 (±$45) | $1,419 (±$23) | $1,413 |
| Median household income | $73,534 (±$4,373) | $88,267 (±$4,639) | $92,788 (±$1,232) | $80,734 |
| Median home value | $268,400 (±$13,741) | $298,200 (±$9,478) | $352,900 (±$3,735) | $332,700 |
| Median real estate taxes (a year) | $3,313 (±$327) | $3,550 (±$183) | $3,901 (±$70) | $3,119 |
| Built before 1980 | 51.3% (±4.2 points) | 38.2% (±2.2 points) | 36.9% (±0.7 points) | 49.7% |
| Average commute | 14.5 minutes (±1.6) | 19.2 minutes (±1.1) | 19.4 minutes (±0.3) | 26.4 minutes |
| Households with broadband | 88.3% (±2.6 points) | 91.5% (±1.6 points) | 91.9% (±0.4 points) | 91.0% |
| Median age of residents | 29.0 years (±1.2) | 32.5 years (±0.3) | 35.8 years (±0.1) | 38.9 years |
Fairbanks covers 31.8 square miles of land, about 1,009 residents per square mile (Census Bureau Gazetteer).
How Fairbanks has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 31,551 (±38) | 32,083 (±56) | +1.7% | Measurable increase |
| Housing units | 12,967 (±566) | 13,793 (±902) | +6.4% | Not a measurable change |
| Median gross rent | $1,388 (±$55) | $1,496 (±$81) | +7.8% | Down after inflation |
| Median home value | $211,500 (±$10,543) | $268,400 (±$13,741) | +26.9% | No measurable change after inflation |
| Median household income | $62,602 (±$4,290) | $73,534 (±$4,373) | +17.5% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,800 (±$85) | $2,197 (±$70) | +22.1% | No measurable change after inflation |
| Median real estate taxes | $2,795 (±$149) | $3,313 (±$327) | +18.5% | No measurable change after inflation |
| Households that rent | 64.2% (±2.8 points) | 60.2% (±3.2 points) | −4.0 percentage points | Not a measurable change |
| Rental vacancy rate | 7.4% (±2.1 points) | 9.2% (±3.0 points) | +1.8 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Fairbanks
In 2025, the Fairbanks Police Department reported 846 violent and 3,026 property crimes per 100,000 residents to the FBI.
ZIP codes in Fairbanks
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 99703 | 100% | 8,304 | $2,239 | — | $68,667 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Fairbanks
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Farmers Loop | 5.1 mi | $1,406 | $279,800 | 17.8% |
| College | 5.4 mi | $1,454 | $297,500 | 39.0% |
| Badger | 8.2 mi | $1,629 | $310,600 | 19.4% |
| Steele Creek | 8.8 mi | $1,223 | $348,400 | 10.3% |
| North Pole | 10 mi | $1,304 | $289,400 | 44.1% |
| Chena Ridge | 12 mi | $1,110 | $395,500 | 24.3% |
| Ester | 12 mi | $1,208 | $255,400 | 44.4% |
| Goldstream | 13 mi | $847 | $289,600 | 17.7% |
Places in Alaska most like Fairbanks
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Kodiak | $1,571 | $347,100 | $90,292 | 50.2% |
| College | $1,454 | $297,500 | $83,895 | 39.0% |
| Utqiaġvik | $1,360 | $311,400 | $115,313 | 54.4% |
| Kotzebue | $1,565 | $288,400 | $110,357 | 52.0% |
| Ketchikan | $1,417 | $352,400 | $85,275 | 38.6% |
| Dillingham | $1,228 | $307,900 | $101,200 | 43.5% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Alaska.
HUD Fair Market Rent for Fairbanks, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,081 | $1,187 | $1,553 | $2,150 | $2,596 |
HUD income limits for Fairbanks, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $24,450 | $40,750 | $65,150 |
| 2 people | $27,950 | $46,550 | $74,450 |
| 3 people | $34,150 | $52,350 | $83,750 |
| 4 people | $41,250 | $58,150 | $93,050 |
| 5 people | $48,350 | $62,850 | $100,500 |
| 6 people | $55,450 | $67,500 | $107,950 |
| 7 people | $62,550 | $72,150 | $115,400 |
| 8 people | $69,650 | $76,800 | $122,850 |
These are the limits HUD sets for its housing programs in the Fairbanks-College, AK MSA, where HUD’s median family income for fiscal year 2026 is $116,300.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Fairbanks
What is the average rent in Fairbanks, AK?
The Census Bureau publishes the median rather than the average: the median gross rent in Fairbanks is $1,496 (±$81) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in Fairbanks?
The median gross rent for a one-bedroom home in Fairbanks, AK is $1,109 (±$71) a month (2020–2024 American Community Survey).
Are renters in Fairbanks rent-burdened?
50.2% of renting households in Fairbanks pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Fairbanks?
Fairbanks has an estimated 7,262 (±814) renting households, 60.2% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Fairbanks?
The median household income in Fairbanks is $73,534 (±$4,373) a year (2020–2024 American Community Survey).
What is the average home value in Fairbanks, AK?
The Census Bureau publishes the median: $268,400 (±$13,741) for owner-occupied homes in Fairbanks (2020–2024 American Community Survey).
Is Fairbanks growing?
In Fairbanks, the number of residents went from 31,551 in 2015–2019 to 32,083 in 2020–2024 (+1.7%), a measurable increase.
What ZIP codes are in Fairbanks?
The ZIP code that covers Fairbanks is 99703.
What is the median rent in ZIP code 99703?
The median gross rent in ZIP Code Tabulation Area 99703 is $2,239 (±$98) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Fairbanks city, Alaska
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Fairbanks city, Alaska
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Fairbanks city, Alaska
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Fairbanks city, Alaska
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Fairbanks city, Alaska
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Fairbanks city, Alaska
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Fairbanks city, Alaska
- HUD Fair Market Rents, fiscal year 2027: Fairbanks-College, AK MSA
- HUD Income Limits, fiscal year 2026: Fairbanks-College, AK MSA
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- FBI Uniform Crime Reporting Program, Crime Data Explorer: Fairbanks Police Department (ORI AK0010200)
- FBI: Uniform Crime Reporting statistics and their proper use
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Fairbanks city, Alaska (place:24230, in state:02).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .