What percentage of people rent in Fairbanks, AK?
60.2% (±3.2 points) of the occupied homes in Fairbanks, AK are rented (2020–2024 American Community Survey).
That is 7,262 renting households against 4,809 that own their home.
In Fairbanks, the share of households that rent went from 64.2% in 2015–2019 to 60.2% in 2020–2024 (−4.0 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 60.2% (±3.2 points)
- Renting households
- 7,262 (±814)
- Median renter income
- $61,034 (±$4,124)
Who rents and who owns in Fairbanks
| Fairbanks | Fairbanks North Star Borough | Alaska | United States | |
|---|---|---|---|---|
| Renter-occupied share | 60.2% (±3.2 points) | 38.3% (±2.1 points) | 33.2% (±0.7 points) | 34.8% |
| Renting households | 7,262 (±814) | 13,935 (±1,030) | 89,700 (±1,829) | 45,017,354 |
| Owning households | 4,809 (±428) | 22,424 (±737) | 180,833 (±2,019) | 84,210,142 |
| Average renter household size | 2.4 (±0.2) | 2.2 (±0.1) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.5 (±0.2) | 2.7 (±0.1) | 2.7 (±0.0) | 2.6 |
| Median renter household income | $61,034 (±$4,124) | $64,047 (±$2,802) | $64,073 (±$1,408) | $52,966 |
| Median owner household income | $107,905 (±$11,820) | $112,730 (±$4,484) | $112,787 (±$1,515) | $100,009 |
In Fairbanks, the renter share is higher than in Fairbanks North Star Borough (38.3%).
It is also higher than in Alaska (33.2%).
It is higher than the national figure (34.8%).
In Fairbanks North Star Borough, Fairbanks ranks 2 of 10 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 8 of 190.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Fairbanks has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 64.2% (±2.8 points) | 60.2% (±3.2 points) | −4.0 percentage points | Not a measurable change |
| Median gross rent | $1,388 (±$55) | $1,496 (±$81) | +7.8% | Down after inflation |
| Median household income | $62,602 (±$4,290) | $73,534 (±$4,373) | +17.5% | No measurable change after inflation |
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.
Households that rent in places near Fairbanks
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Fairbanks | — | 60.2% (±3.2 points) | — |
| Farmers Loop | 5.1 mi | 17.8% (±10.6 points) | Lower |
| College | 5.4 mi | 39.0% (±7.0 points) | Lower |
| Badger | 8.2 mi | 19.4% (±4.4 points) | Lower |
| Steele Creek | 8.8 mi | 10.3% (±5.1 points) | Lower |
| North Pole | 10 mi | 44.1% (±10.0 points) | Lower |
| Chena Ridge | 12 mi | 24.3% (±8.6 points) | Lower |
| Ester | 12 mi | 44.4% (±18.3 points) | Not measurably different |
| Goldstream | 13 mi | 17.7% (±11.2 points) | Lower |
Nearby places with a measurably lower figure: Farmers Loop, AK (17.8%), College, AK (39.0%), Badger, AK (19.4%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Fairbanks North Star Borough, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Eielson AFB | 100.0% (±2.9 points) |
| 2 | Fairbanks | 60.2% (±3.2 points) |
| 3 | Ester | 44.4% (±18.3 points) |
| 4 | North Pole | 44.1% (±10.0 points) |
| 5 | College | 39.0% (±7.0 points) |
| 6 | Chena Ridge | 24.3% (±8.6 points) |
| 7 | Badger | 19.4% (±4.4 points) |
| 8 | Farmers Loop | 17.8% (±10.6 points) |
Showing 8 of 10 places in Fairbanks North Star Borough, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Fairbanks
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Fairbanks, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Fairbanks beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Fairbanks, and send estimates and invoices from your phone.
Questions about Fairbanks
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).
Is renting growing in Fairbanks?
In Fairbanks, the share of households that rent went from 64.2% in 2015–2019 to 60.2% in 2020–2024 (−4.0 percentage points), not a measurable change.
How big are renting households in Fairbanks?
A renting household in Fairbanks has 2.4 people on average, against 2.5 in an owned home.
How much do renters earn in Fairbanks?
The median renting household in Fairbanks, AK has an income of $61,034 (±$4,124) a year, against $107,905 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Fairbanks city, Alaska
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Fairbanks city, Alaska
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Fairbanks city, Alaska
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Fairbanks city, Alaska
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Fairbanks city, Alaska
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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) and detailed tables (acs/acs5) 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
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 .
Related
- Housing in Fairbanks at a glance
- Median rent in Fairbanks
- Rent by bedrooms in Fairbanks
- Rent burden in Fairbanks
- Income and affordability in Fairbanks
- Home values in Fairbanks
- Homeowner costs in Fairbanks
- Property taxes in Fairbanks
- Types of homes in Fairbanks
- Bedrooms in Fairbanks
- Age of homes in Fairbanks
- Vacancy rate in Fairbanks
- Heating fuel in Fairbanks
- Commute and cars in Fairbanks
- Crime reported to police in Fairbanks
- Population growth in Fairbanks
- How long people stay in Fairbanks
- Crowding and facilities in Fairbanks
- Alaska landlord and tenant rules
- Housing across Fairbanks North Star Borough
- Alaska places ranked by share of renters
- Housing data for every place in Alaska