1-Bedroom Apartment Rent in Fairbanks, AK
Median asking rent for a 1-bedroom apartment in Fairbanks, Alaska as of July 2026. That's +34% lower than the citywide median of $1,720 and +19% below the national 1-bedroom median of $1,395.
Income needed for a 1-bedroom in Fairbanks
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 1-bedroom at the current median rent.
Rent by apartment size in Fairbanks
Compare Fairbanks's median rent across every apartment size.
Cheapest cities for a 1-bedroom in Alaska
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Kenai | $910 |
| 2 | Wasilla | $1,040 |
| 3 | Fairbanks (this page) | $1,130 |
| 4 | Anchorage | $1,241 |
| 5 | North Pole | $1,290 |
| 6 | Eagle River | $1,580 |
Most expensive cities for a 1-bedroom in Alaska
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Eagle River | $1,580 |
| 2 | North Pole | $1,290 |
| 3 | Anchorage | $1,241 |
| 4 | Fairbanks (this page) | $1,130 |
| 5 | Wasilla | $1,040 |
| 6 | Kenai | $910 |
1-Bedroom rent in Fairbanks — common questions
How much is a 1-bedroom apartment in Fairbanks?
As of July 2026, the median 1-bedroom apartment rent in Fairbanks, Alaska is $1,130 per month. This is +34% below the citywide median of $1,720.
What income do you need to afford a 1-bedroom in Fairbanks?
Using the standard 30% rent-to-income rule, you would need an annual income of about $45,200 ($3,767/month gross), which works out to roughly $21.73/hour at a full-time job.
Is Fairbanks expensive for a 1-bedroom compared to the rest of the US?
Fairbanks's 1-bedroom median of $1,130 is +19% below the national 1-bedroom median of $1,395. It ranks in the 30th percentile of US cities tracked.
How does Fairbanks rank for 1-bedroom rent in Alaska?
Among the 6 cities in Alaska with 1-bedroom data, Fairbanks ranks #3 from cheapest to most expensive.
Are there cheaper 1-bedroom options near Fairbanks?
Most nearby cities have similar or higher 1-bedroom rents than Fairbanks.