Studio Apartment Rent in Fairbanks, AK
Median asking rent for a studio apartment in Fairbanks, Alaska as of July 2026. That's +41% lower than the citywide median of $1,720 and +22% below the national studio median of $1,290.
Income needed for a studio 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 studio at the current median rent.
Rent by apartment size in Fairbanks
Compare Fairbanks's median rent across every apartment size.
Cheapest cities for a studio in Alaska
| # | City | Studio rent |
|---|---|---|
| 1 | Kenai | $900 |
| 2 | Fairbanks (this page) | $1,010 |
| 3 | Wasilla | $1,010 |
| 4 | Anchorage | $1,149 |
| 5 | North Pole | $1,160 |
| 6 | Eagle River | $1,440 |
Most expensive cities for a studio in Alaska
| # | City | Studio rent |
|---|---|---|
| 1 | Eagle River | $1,440 |
| 2 | North Pole | $1,160 |
| 3 | Anchorage | $1,149 |
| 4 | Wasilla | $1,010 |
| 5 | Fairbanks (this page) | $1,010 |
| 6 | Kenai | $900 |
Studio rent in Fairbanks — common questions
How much is a studio apartment in Fairbanks?
As of July 2026, the median studio apartment rent in Fairbanks, Alaska is $1,010 per month. This is +41% below the citywide median of $1,720.
What income do you need to afford a studio in Fairbanks?
Using the standard 30% rent-to-income rule, you would need an annual income of about $40,400 ($3,367/month gross), which works out to roughly $19.42/hour at a full-time job.
Is Fairbanks expensive for a studio compared to the rest of the US?
Fairbanks's studio median of $1,010 is +22% below the national studio median of $1,290. It ranks in the 28th percentile of US cities tracked.
How does Fairbanks rank for studio rent in Alaska?
Among the 6 cities in Alaska with studio data, Fairbanks ranks #2 from cheapest to most expensive.
Are there cheaper studio options near Fairbanks?
Most nearby cities have similar or higher studio rents than Fairbanks.