3-Bedroom Rent · July 2026

3-Bedroom Apartment Rent in Fairbanks, AK

$2,090/mo

Median asking rent for a 3-bedroom apartment in Fairbanks, Alaska as of July 2026. That's +22% higher than the citywide median of $1,720 and +2% below the national 3-bedroom median of $2,130.

3-Bedroom median
$2,090
July 2026
vs city overall
+22%
$1,720 city median
vs national
-2%
$2,130 US median
Alaska rank
#3
of 6 cities

Income needed for a 3-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 3-bedroom at the current median rent.

Annual income
$83,600
Monthly gross
$6,967
Hourly (full-time)
$40.19

Rent by apartment size in Fairbanks

Compare Fairbanks's median rent across every apartment size.

Studio
$1,010
1-Bedroom
$1,130
2-Bedroom
$1,490
3-Bedroom (current)
$2,090
4+ Bedroom
$2,520

Cheapest cities for a 3-bedroom in Alaska

#City3-Bedroom rent
1Kenai$1,670
2Wasilla$1,920
3Fairbanks (this page)$2,090
4Anchorage$2,216
5North Pole$2,370
6Eagle River$2,900

Most expensive cities for a 3-bedroom in Alaska

#City3-Bedroom rent
1Eagle River$2,900
2North Pole$2,370
3Anchorage$2,216
4Fairbanks (this page)$2,090
5Wasilla$1,920
6Kenai$1,670

3-Bedroom rent in Fairbanks — common questions

How much is a 3-bedroom apartment in Fairbanks?

As of July 2026, the median 3-bedroom apartment rent in Fairbanks, Alaska is $2,090 per month. This is +22% higher than the citywide median of $1,720.

What income do you need to afford a 3-bedroom in Fairbanks?

Using the standard 30% rent-to-income rule, you would need an annual income of about $83,600 ($6,967/month gross), which works out to roughly $40.19/hour at a full-time job.

Is Fairbanks expensive for a 3-bedroom compared to the rest of the US?

Fairbanks's 3-bedroom median of $2,090 is +2% below the national 3-bedroom median of $2,130. It ranks in the 48th percentile of US cities tracked.

How does Fairbanks rank for 3-bedroom rent in Alaska?

Among the 6 cities in Alaska with 3-bedroom data, Fairbanks ranks #3 from cheapest to most expensive.

Are there cheaper 3-bedroom options near Fairbanks?

Most nearby cities have similar or higher 3-bedroom rents than Fairbanks.

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Fairbanks, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (July 2026) and exclude cities with median rent below $400 or above $20,000.